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Business Use of Home (Overview)
Whether you are self–employed or are an employee, you may be able to deduct certain expenses for the part of your home you use for business despite...
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Overview of Travel Expenses
"Travel expenses" are expenses that you paid in relation to transportation or travel for business. For a travel expense to qualify for...
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What are "royalties"?
"Royalties" can generally be described as payments you receive for the use of your property, that are based in some way on the number of...
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Itemized Deductions - An Overview
Examples of Itemized Deductions:Medical and Dental ExpensesThe medical and dental deductions include medical and dental insurance, amount paid to...
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Section 179 Deduction Limitations
Taking the Section 179 election allows the taxpayer to elect to deduct the total cost of the property purchased in lieu of depreciating the...
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Kansas Other Credits
OTHER CREDITS:You can find more details on each these credits by clicking on the link below and scrolling down the "Credit...
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Investment Interest Expense
If you borrow money to buy property you hold for investment (such as bonds or certain securities), the interest you pay is considered investment...
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W-2 - What is a Statutory Employee?
Some workers are deemed to be employees by statute. The following workers are also the most common examples of employees that are usually...
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New Mexico Nonrefundable Credits
Cultural Property Preservation Credit:The credit for preservation of cultural property is 50% of the costs of a project for the restoration,...
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Michigan Additions to Income
Interest and Dividend Obligations Other than MIEnter gross interest, dividends, and income from obligations or securities of states and their...
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Who must file a Schedule-SE?
Your net earnings from self-employment from other than church employee income were $400 or more. If you are in business (farm or non-farm) for...
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North Dakota Credits
North Dakota CreditsAgricultural Commodity Facility Investment CreditIf you made a qualified investment in a business certified for the...
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Montana Additions to Income
Montana Additions to IncomePremiums for Insure Montana Credit. If you were the owner of a business that received a tax credit from the Insure...
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Illinois Property Tax Credit
Illinois Property Tax CreditEnter the total amount of Illinois Property Tax paid during the tax year for the real estate that includes your...
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Pennsylvania Additions to Income
Gambling and Lottery Winnings PA law imposes its income tax on PA residents on all gambling and lottery winnings from any source, except prizes...
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What is "investment interest"?
Investment interest is interest that was paid on money that you borrowed to buy property that is held for investment. If you paid this type of...
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Ohio Reject Codes
This state does not have any information published about reject codes.If you are having trouble with your state return please contact the state...
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Missouri Itemized Deductions
Missouri Itemized DeductionsLONG-TERM CARE INSURANCE DEDUCTIONIf you paid premiums for qualified longterm care insurance in 2008, you may be...
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North Carolina Credits
North Carolina CreditsCredit for Charitable Contributions by NonitemizersIf you claimed the standard deduction on your federal return, you may...
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Idaho Reject Codes
0001 Duplicate Return0002 Missing Federal Return0010 Form 40: Additions (line 10) and/or Subtractions (line 12) are present and Sch 39R does not...
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Hawaii Subtractions From Income
Subtractions from IncomeMilitary Reserve or Hawaii National Guard Duty Pay ExclusionHawaii does not tax the first $4,484 received by each member of...
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Indiana Additions to Income
Income taxed on Federal Form 4972 Any net operating loss (NOL) deduction taken on line 21 of your federal Form 1040 must be added back on this...
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Missouri Property Tax Credits
Missouri Property Tax CreditsIf you would like to file for the Property Tax Credit, indicate so by Marking the box "YES". You must then...
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New York Use Tax
New York Sales and Use Tax ChartYou may use this chart for purchases of items or services costing less than $1,000 each (excluding shipping and...
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What is a Capital Gain Property?
Property is capital gain property if its sale at fair market value on the date of the contribution would have resulted in long-term capital gain....
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Alabama Consumer Use Tax
When you shop at retail stores and many other business establishments in Alabama, the price you pay for the retail purchases you make usually...
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Pennsylvania Reject Codes
R 001 PA-40 When a Direct Deposit or Electronic Funds Withdrawal indicator is present, the following fields must be greater than zero: state...
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Alabama Enterprise Zone Act
To stimulate business and industrial growth in depressed areas of the state, Alabama offers certain tax incentives to corporations, partnerships,...
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What are Passive Activities?
What are Passive Activities?There are two kinds of passive activities. Trade or business activities in which you do not materially participate...
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Alabama Income You MUST Report
All income is subject to Alabama income tax unless specifically exempted by state law. The term "income" includes, but is not limited to...
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What are NonPassive Entities?
What are NonPassive Entities?NonPassive Entities include:Trade or business in which you materially participated for the tax year.A working interes...
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Kentucky Use Tax
If, while a Kentucky resident, you made any out-of-state purchases of tangible personal property for use in Kentucky on which sales tax was not...
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Other Indiana Credits
Certain areas within Indiana have been designated as airport development zones (ADZ). These zones are established to encourage investment and job...
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New York Other Additions
ACRS property; year of disposition adjustmentIf you disposed of property that was depreciated for federal purposes using ACRS, and if ACRS...
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Tuition and Fees Deduction
You may be able to deduct qualified tuition and related expenses that you pay for yourself, your spouse, or a dependent. The only expenses that are...
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North Dakota Subtractions from Income
Native American’s Exempt IncomeIf you are an enrolled member of a federally-recognized Indian tribe who lived on any Indian reservation in North...
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Georgia Disaster Assistance Credit
Disaster Assistance CreditGeorgia provides for a credit for a taxpayer who receives disaster assistance during a taxable year from the Georgia...
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Oregon Additions to Income
Interest and dividends on state and local government bonds outside of Oregon. You must add to Oregon income any interest and dividends you received...
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Ohio Refundable Credits
OHIO REFUNDABLE CREDITS Refundable Business Jobs Credit: If the Ohio Tax Credit Authority of the Ohio Department has granted you this credit for...
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Overview of Casualties and Losses
A casualty loss can result from the damage, destruction or loss of your property from any sudden, unexpected, and unusual event such as a flood,...
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California Credits
California CreditsChild Adoption: 50% of qualified costs in the year an adoption is ordered
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Mississippi Itemized Deductions
Standard or Itemized DeductionsYou may choose to either itemize individual non-business deductions or claim the standard deduction for your filing...
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Kentucky Reject Codes
Form 740 Errors0001 Kentucky return must begin with Federal Adjusted Gross Income 0002 Invalid Software developer code. 0003 Invalid EFIN. 0004...
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Maine Additions to Income
Income from municipal and state bonds, other than Maine.Enter the income from municipal and state bonds, other than Maine, that is not included in...
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Who can deduct Moving Expenses?
If you moved due to a change in your job or business because you started a new job, you may be able to deduct your moving expenses. To qualify for...
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South Carolina Additions to Income
Enter all numbers on lines 32 through 35 as positive numbers even if they are negative numbers on the federal return. Lines 31 through 35 are...
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Form 982: General Information
If you had a debt cancelled during the tax year, you generally need to report this as income on your return. However, if any of the following...
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Montana Subtractions from Income
Montana Subtractions from IncomePartial Pension and Annuity (Retirement) Income Exemption and Railroad Retirement IncomeIf you have reported...
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California Itemized Deductions
California Itemized DeductionsAdoption-Related Expenses – If you deducted adoption-related expenses on your federal Schedule A (Form 1040) and are...
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Connecticut Subtractions From Income
Connecticut Subtractions From Federal Adjusted Gross Income Exempt Dividends From Certain Qualifying Mutual Funds Derived From U.S. Government...
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Oklahoma Other Subtractions
Oklahoma Other SubtractionsRoyalty income earned by an inventor from a product developed and manufactured in this state shall be exempt from income...
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Maryland Additions to Income
Part-year residents losses or adjustments to federal income that were realized or paid when you were a nonresident of Maryland.Net additions to...
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SC Subtractions from Income
NET CAPITAL GAIN DEDUCTIONNet capital gains which have been held for a period of more than one year and have been included in the SC taxable income...
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W-2 - Information about Box 12
The following list explains the codes shown in box 12 on the W-2.A - Uncollected social security or RRTA tax on tips. (Include this tax on Form...
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What Tax Records to Keep
You probably already keep records in your daily routine. This includes keeping receipts for purchases and recording information in your checkbook....
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Minnesota Subtractions from Income
Net interest from U.S. bondsInterest earned on certain direct federal obligations is taxable on the federal return, but is not taxable on the state...
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New York Subtractions from Income
New York Subtractions to IncomeNew York’s 529 college savings program deduction/earnings distributionsDuring 2008, did you, as an account owner,...
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Kansas Other Additions
Other Additions: Enter the following additions to your federal adjusted gross incomeIndividual Development Account (IDA). CONTRIBUTORS: Enter...
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West Virginia Additions to Income
INTEREST OR DIVIDEND INCOME ON FEDERAL OBLIGATIONS. Enter the amount of any interest or dividend income (received by or credited to you during the...
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Hawaii Reject Codes
Note: For the most part, the definition of "invalid" means a numeric field contained characters, the field exceeded the required length,...
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Tips for Taxpayers Making a Move
If you changed your home or business address, you’ll want to remember these six tips to ensure you receive any refunds or correspondence from the...
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What is a "capital asset"?
Almost everything you own and use for personal or investment purposes is a capital asset. Examples are your home, household furnishings, and stocks...
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Oklahoma Additions to Income
Oklahoma Additions to IncomeState and Municipal Bond InterestIf you received income on bonds issued by any state or political subdivision thereof,...
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Massachusetts Additions to Income
Massachusetts Additions to IncomeSince Massachusetts does not allow a deduction for amounts originally contributed to an IRA or Keogh, the...
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Virginia Military Filing Information
IMPORTANT INFORMATION REGARDING TAX BENEFITS FOR MEMBERS OF THE ARMED FORCES FILING EXTENSION GRANTED WHILE SERVING IN COMBAT ZONETax Commissioner...
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Idaho Military Filing Information
INFORMATION PRETAINING TO IDAHO STATE INCOME TAX RETURNS FOR MILITARY PERSONNEL Tax News for Idaho Military MembersResident Military Members on...
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Tax Documents You Should Have On Hand
Be sure that you have on hand any of the following tax documents that you have received:W-2This is an important form, and you need one from each of...
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Colorado Military Filing Information
Military Servicepersons(Revised 11/05)GENERAL INFORMATIONThis publication covers Colorado income taxation of current military personnel and those...
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Utah Military Filing Information
Utah Tax Information for Members of the U.S. Armed ForcesFederal tax laws provide some special benefits for active members of the U.S. Armed...
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Adjustments
Examples of Adjustments: Educator Expense DeductionIf you are an educator, you may be able to deduct up to $250 of expenses you paid for purchases...
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Maryland Subtractions from Income
Payments to firemen and policemen for job-related injuries or disabilities (but not more than the amount of such payments included in your total...
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Wisconsin Additions to Income
Farm Losses An addition may be required if farm losses were deducted on your federal tax return and you were not actively engaged in the farming...
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Minnesota M2 Reject Codes
0001 Processing site is not “S” The processing site in the TRANA record must be “S”.0002 Invalid format - checkbox A checkbox field must be the...
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Arkansas Reject Codes
ARKANSAS REJECT CODES0001 AR1000 AR1000N ~ Duplicate Return. An electronically filed return has previously been filed.0002 AR1000 AR1000N ~ No...
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Wisconsin Military Filing Information
Wisconsin Individual Income Tax - Military InformationFor tax year 2005 and forward:For federal purposes, an increase in death gratuity benefits...
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Oklahoma Military Filing Information
Oklahoma Military InformationResident...An Oklahoma resident is a person domiciled in this state for the entire tax year. “Domicile” is the place...
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Minnesota M1PR Reject Codes
0001 Processing site is not “S” The processing site in the TRANA record must be “S”.0002 Invalid format - checkbox A checkbox field must be the...
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Maine Military Filing Information
MAINE SERVICEMEMBERSNonresident ServicemembersOn December 19, 2003, President Bush signed the Servicemembers Civil Relief Act (Public Law No....
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Maryland Reject Codes
FORM 5020001 DCN is invalid; positions 3-8 must equal EFIN of originator; required field 14 N0004 RSN is invalid; positions 1-5 must equal ETIN of...
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Minnesota M1 Reject Codes
0001 Processing site is not “S” The processing site in the TRANA record must be “S”.0002 Invalid format - checkbox A checkbox field must be the...
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New York Reject Codes
0001 Duplicated – return already processed with same Social Security Number (SSN).0002 - If you e-file IT-370 with an amount owe, you must provide...
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Massachusetts Reject Codes
0001 Page 1 of the tax return must be present. 0003 The return is not for the current tax year. 0004 Line numbers within a statement must be in...
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Illinois Reject Codes
0001 IL-1040 and Summary Records must be present for each tax return.0002 Money and Numeric Fields -significant money fields must be...
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