Federal Income Tax Information

American Rescue Plan Act

• Does a Child Born in 2021 Qualify for The Recovery Rebate Credit?
• Advance Child Tax Credit Payments - Repayment Protection
• 2021 Changes to Child Tax Credit
• Desktop: 2021 Recovery Rebate Credit
• 2021 Changes to the Child and Dependent Care Credit - Form 2441
• Child Tax Credit Phaseout Amounts for 2021

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Qualified Business Income Deduction

• Desktop: Making QBID entries involving a Specified Service Business
• Desktop: QBID - Rental Property and Electing the Safe Harbor
• Desktop: QBID entries involving a Sole Proprietorship (Form 1040, Schedule C)
• Frequently Asked Questions on Qualified Business Income Deduction
• Making QBID entries involving a Partnership (Form 1065)
• Making QBID entries involving an S-Corporation (Form 1120-S)

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Schedule E - Supplemental Income and Loss

• Short-Term Rental and Vacation Rental Income
• Passive Activity Loss Limitations
• Desktop: Schedule E - Real Estate Participation
• Desktop: Royalty Income - Schedule C / Schedule E

Schedule C - Profit or Loss from Business

• Why is Schedule C Page 2 not printing?
• Schedule C - Contract Truck Drivers Deductible Expenses
• Schedule C negative expenses
• Suspended or Unallowed Loss on a Schedule C
• Qualified Joint Venture on a Schedule C
• Limited Liability Company - LLC

Source Documents

• Guam W-2GU
• Desktop: Where is Form 1042-S entered in Form 1040-NR?
• Form 3921 Exercise of an Incentive Stock Option
• Form 3922 Transfer of Stock Acquired Through an ESPP
• Desktop: Form 1098-E - Student Loan Interest Deduction
• Social Security Menu

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Affordable Health Care Act

• Form 1095-A - Health Insurance Marketplace Statement
• Do I need to enter a voided Form 1095-A in the tax return?
• Affordable Care Act Tax Provisions
• Mid-Year Premium Tax Credit Checkup
• FAQ on Affordable Health Care
• IRS Tax Tip 2016-34 - How the Premium Tax Credit Can Help You

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Form 8965 – Health Coverage Exemptions/Responsibility Payment

• Form 1095-C – Employer Provided Health Insurance
• Health Coverage Exemptions Overview
• Marketplace-Granted Coverage Exemptions
• Form 8965 - Coverage Exemptions
• Desktop: Form 8965 - Filing and Income Threshold Exemptions
• What is the Shared Responsibility Payment for 2018 and 2019?

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Form 8962 - Premium Tax Credit

• Why are Form 8962 columns (a) and (b) not printing?
• Form 1095-B – Insurance Coverage
• Desktop: Form 1095-A – Health Insurance Marketplace Statement
• Premium Tax Credit - Overview
• Desktop: Form 8962 - Alternative Calculation for Year of Marriage
• Desktop: Form 8962 - Shared Policy Allocation

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Earned Income Credit (EIC)

• Earned Income Tax Credit for Clergy Members With a Housing Allowance
• Why can't I mark check boxes on line 4a or 4b of Schedule EIC?
• 2021 Changes to Earned Income Credit
• Desktop: Why No EIC Calculated
• Desktop: Earned Income Credit
• Earned Income Credit Additional Due Diligence Questions

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Federal 1099

• Form 1099-S - Proceeds from Real Estate Transactions
• Desktop: Form 1099-A, Acquisition or Abandonment of Secured Property
• Desktop: Form 1099-Q - Payments from Qualified Education Programs
• Desktop: Form 1099-MISC, Miscellaneous Information

Form W-2 Questions

• What Employee ID do I use for a W-2 for an ITIN holder?
• Desktop: Form 4852 - Substitute Form W-2 / Form 1099-R
• Inputting A Form W-2 With More Than 4 States Listed
• Form W-2 Box 12 Codes
• Form W-2 Common Questions
• Desktop - Form W-2 Wage and Earning Statement

Education Credits

• Education Credits and Deductions (Form 1098-T)
• Form 8867 - Due Diligence for Claiming the American Opportunity Credit

Tax Cuts and Jobs Act

• Tax Cuts and Jobs Act - New Tax Brackets for 2018
• Tax Cuts and Jobs Act - Standard Deduction Amounts for 2018

Schedule K-1 (Form 1041)

• Desktop: Schedule K-1 (Form 1041) - Overview
• Schedule K-1 (Form 1041) - Heading Information
• Schedule K-1 (Form 1041) - Income Items
• Schedule K-1 (Form 1041) - Deductions, Credits & Other Items

Schedule K-1 (Form 1065)

• IRS Form 7217 - Partner’s Report of Property Distributed by a Partnership
• Desktop: Schedule K-1 (Form 1065) - Printing the Partner's Capital Account Analysis
• Why is a PTP loss not on Form 8582?
• Form 1065- Schedule K-2 and Schedule K-3 Part IX - Partner’s Information for Base Erosion and Anti-Abuse Tax (Section 59A)
• Desktop: Form 1065 - Schedule K-2 and Schedule K-3
• Form 1065 - Schedules K-2 and K-3 Part VII - Information to Complete Form 8621

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Schedule K-1 (Form 1120S)

• IRS Form 7203 - Form lines and explanations
• Desktop: Schedule K-1 (Form 1120-S) - Overview
• Schedule K-1 (Form 1120S) - Heading Information
• Schedule K-1 (Form 1120S) - Income (Loss) Items
• Schedule K-1 (Form 1120S) - Deductions
• Schedule K-1 (Form 1120-S) - Credits & Foreign Transactions Items

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