Start For Free

Fast, Secure, and Always Accurate!
Help Categories

Articles
Schedule C - Expenses

Oil Lease Payments Garage Rent License / Registration Tolls/Parking Fees Insurance Repairs / Tires For more information regarding your Car and Truck Expenses, see section 4 of Publication 463 . Business Use of Home: To qualify to use...

California Subtractions from Income

to Income. Enter foreign source income as Addition to Income Cost-share payments received by forest landowners - Enter the cost-share payments received from the Department of Forestry and Fire Protection under the California Forest Improvement...

New York Subtractions from Income

payment or payments of part or all of the death benefit or special surrender value under a life insurance policy, or (b) a viatical settlement, as a result of a terminal illness (life expectancy of 12 months or less), or of a medical...

New York Pension Exclusions

for Seniors Citizens and Retired Persons. NY DOR Pub 36 ) You are not able to subtract (1) pension payments or return of contribution that were attributable to your employment by an employer other than a NY public employer...

Virginia Subtractions from Income

Income Exclusion Enter the amount of disability income reported as wages (or payments in lieu of wages) on your federal return for Permanent and total disability. On joint returns, each spouse can qualify for the deduction. Individuals can...

What is Form 8965- Health Coverage Exemptions (Obamacare/ACA)?

granted by the Marketplace (also called the Exchange) or reported on your tax return. The form is also used to report any shared responsibility payments caused by you, or a member of your household, not having health care coverage...

Where is my Earned Income Credit (EIC)?

received within the "Summary" page. Once within the "Summary" page, please click "Show Details" next to "Payments" . You will see "Earned Income Credit" and the amount received to the right. For full qualifications on EIC, including who qualifies...

Form 1098: What do I do with my Mortgage Interest Statement?

Home mortgage interest and points are generally reported to you on Form 1098, Mortgage Interest Statement , by the financial institution to which you made the payments for the current tax year. If this form shows any refund of overpaid...

What types of income does the IRS consider "Taxable Disability Income"?

Generally, disability income is the total amount you were paid under your employer's accident and health plan or pension plan that is included in your income as wages or payments instead of wages for the time you were absent from work...

Examples of 1099-B and 1099-MISC forms

the income. If so, you must report your federal withholdings from box 4 separately to receive credit for these payments. TaxSlayer offers an Other Withholdings section for any of this type of withholding. Note : Based on your 1099-MISC entries......