Start For Free

Fast, Secure, and Always Accurate!
Help Categories

Articles
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?

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...

What real estate taxes can I deduct on my return?

estate was made uniformly on property throughout the community. The proceeds from paying these taxes must be used for general community or governmental purposes. If your mortgage payments include your real estate taxes, you can only deduct...

Form 5329 - Exceptions to Early Withdrawal Penalty

in or after the year you reach age 55 (age 50 for qualified public safety employees). 02 Distributions made as a part of a series of substantially equal periodic payments (made at least annually) for your life or the joint lives of you and your...

How do I deal with a 1099-Q Coverdell ESA distribution within the TaxSlayer program?

Income Menu > Enter Myself > Other Income > Payments from Qualified Education Programs. What effect will this have on your return? If your qualified education expenses are equal to the distribution, generally none of your earnings......

New Jersey Property Tax Credit

due. The credit increases the total payments and/or credits. These payments and/or credits are subtracted directly from your tax liability. Eligibility Requirements - To be eligible for a property tax deduction or property tax credit: You...