Federal Income Tax Information

Schedule E - Supplemental Income and Loss

• Schedule E - Rental Real Estate

Qualified Business Income Deduction

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

See all 7 articles

Schedule C - Profit or Loss from Business

• Business Income/Loss - Schedule C
• Suspended or Unallowed Loss on a Schedule C
• Qualified Joint Venture on a Schedule C
• Limited Liability Company - LLC

Source Documents

• Student Loan Interest Deduction (Form 1098-E)
• Social Security Benefits (Form SSA-1099)
• Form RRB-1099-R - Railroad Retirement Benefits
• Form 1099-C - Cancellation of Debt / Form 982 - Reduction of Tax Attributes
• Form 1098 - Interest You Paid
• Form 1099-R - Qualified Charitable Distributions

See all 12 articles

Affordable Health Care Act

• IRS Tax Tip 2016-34 - How the Premium Tax Credit Can Help You
• Frequently Asked Questions on Affordable Health Care Act

Form 8965 – Health Coverage Exemptions/Responsibility Payment

• Health Coverage Exemptions Overview
• Marketplace-Granted Coverage Exemptions
• Coverage Exemptions
• Filing and Income Threshold Exemptions
• What is the Shared Responsibility Payment for 2018 and 2019?
• How to Enter - When Not Everyone on the Return Has Coverage or an Exemption

See all 10 articles

Form 8962 - Premium Tax Credit

• Form 1095-C – Employer Provided Health Insurance
• 1095-B – Insurance Coverage
• 1095-A – Health Insurance Marketplace Statement
• Premium Tax Credit - Overview
• Shared Policy and Shared Policy Allocation
• Shared Policy Allocation - Divorced or Legally Separated

See all 7 articles

Earned Income Credit (EIC)

• Why No EIC Calculated
• Earned Income Credit
• Earned Income Credit Additional Due Diligence Questions
• Earned Income Credit (EITC) Income Limits and Maximum Credit Amounts
• Form 8867 - Earned Income Credit Due Diligence

Federal 1099

• Form 1099-A, Acquisition or Abandonment of Secured Property
• Form 1099-Q - Payments from Qualified Education Programs
• Form 1099-MISC, Miscellaneous Income

Form W-2 Questions

• Inputting A Form W-2 With More Than 4 States Listed
• Form W-2 Box 12 Codes
• Form W-2

Education Credits

• Education Credits and Tuition and Fees Deduction (Form 1098-T)

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)

• 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)

• Schedule K-1 (Form 1065) - Overview
• Schedule K-1 (Form 1065) - Heading Information
• Schedule K-1 (Form 1065) - Income (Loss) Items
• Entering Schedule K-1 (Form 1065) - Deductions on Form 1040
• Entering Schedule K-1 (Form 1065) - Credits & Foreign Transactions Items on Form 1040
• Schedule K-1 (Form 1065) - Self-Employment Earnings (Loss)

See all 8 articles

Schedule K-1 (Form 1120S)

• Schedule K-1 (Form 1120S) - 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 1120S) - Credits & Foreign Transactions Items
• Schedule K-1 (Form 1120S) - Alternative Minimum Tax (AMT) Items

See all 8 articles