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Ohio Additions to Income

pass-through entity must also enter on this line the taxpayer’s proportionate share of expenses and losses that the pass-through entity incurred with respect to the pass-through entity’s 40% or more related members. This provision does

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

Forms and Schedules

only on the 1040. Allows for Capital Gains/Losses, IRAs, K-1s, etc. Automatically created by entering information into program. Supporting Forms These forms are used to do the calculations for figures that are reported on the 1040. Schedules

Form 1065 Box 11 Information

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 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 services

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

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 partnerships

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

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

South Carolina Tax on Active Trade/Business Income

a separate Worksheet 2 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

Form W-2G: Gambling Winnings

your form and TaxSlayer will carry it to the proper places on your return. If you happen to have lost money gambling, you can generally list your losses, not to exceed your winnings, as a deduction to help reduce your income and lower

Wisconsin Addition to Income - Amounts Not Deductible for Wisconsin

activity loss on your federal return for losses incurred when you were a resident of another state. The passive activity losses were not allocable to Wisconsin. The passive activity losses are not deductible for Wisconsin and must be included