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Oklahoma Credits

. Persons who have received temporary assistance for needy families (TANF) for any month in the year of 2016 are not eligible for the sales tax refund. Natural Disaster Tax Credit This credit is for owners of residential real property whose

Michigan Additions to Income

a partnership, S Corporation, estate, or trust. You may reduce this income be related expenses not allowed as a deduction by Section 265(a)(1) of the Internal Revenue Code. Self-employment Tax Enter the deduction taken for self-employment tax

Form W-2G: Gambling Winnings

gambling, you can generally list your losses as a deduction to help reduce your income and lower your tax bill. To enter your gambling losses in our program go to Deductions > Enter Myself > Itemized Deductions > Miscellaneous Deductions

Idaho Additions to Income

losses from activities that weren't taxable by Idaho. NON-IDAHO STATE AND LOCAL BOND INTEREST AND DIVIDENDS Enter the amount of interest and dividends, net of related expenses, you received from municipal bonds of other state governments

Forms and Schedules

return. Lists ALL credits, adjustments and other entries. You can use Itemized or Standard deductions only on the 1040. Allows for Capital Gains/Losses, IRAs, K-1s, etc. Schedules Schedules are additional forms the IRS requires you to prepare

Form 1065 Box 11 Information

go into the Federal Section >> Deductions >> Enter Myself >> Itemized Deductions >> Less Common Deductions >> Casualties and Losses. Please make sure you state this is business property, as it is directly related to your partnership. Code C

How do I add a miscellaneous deduction that is not in TaxSlayer's list?

to be included in your gross income; or 3. To determine, contest, pay, or claim a refund of any tax. Examples: * Appraisal fees for a casualty loss or charitable contribution. * Casualty and theft losses from property used in performing

I sold some assets. When would I report the sale as a "sale of business property" instead of a capital gain?

. * The disposition of capital assets not reported on Schedule D * The gain or loss (including any related recapture) for partners and S corporation shareholders from certain section 179 property dispositions by partnerships (other than electing large

What is "Qualified Production Activities Income (QPAI)"?

(if any) of: 1. Domestic production gross receipts (DPGR) MINUS 2. The sum of: A. Cost of goods sold allocable to DPGR plus B. Other expenses, losses, or deductions allocable to DPGR . What is DPGR (Domestic Production Gross Receipts)? Generally

South Carolina Tax on Active Trade/Business Income

for each business. Worksheets 1 and 2 identify pass-through income and remove passive investment income and expenses related to passive investment, capital gains and losses, and guaranteed payments for personal services. From the results