What are some examples of other subtractions?

  • Income of active duty military pay
  • Income received from the tobacco quota buyout
  • Income received as a result of the Master Tobacco Settlement Agreement, the secondary settlement fund referred to as "Phase II"
  • Income received from the Tobacco Loss Assistance Program (TLAP)
  • Income of precinct workers for election training or working at election booths
  • Capital gains on property taken by eminent domain
  • Passive activity loss adjustment (see Form 8582-K and instructions)
  • Income of a child reported on the parent's return
  • Artistic charitable contributions (if you do not itemize deductions)
  • The Federal Work Opportunity Credit used to reduce wages
  • At-risk limitations
  • Qualified farm networking project differences per KRS 141.0101(15)
  • Differences in the gains (losses) from the sale of intangible assets amortized under the provisions of the Revenue Reconciliation Act of 1993
  • Differences in gains (losses) from assets purchased after September 10, 2001
  • Income of military personnel killed in the line of duty

Deluxe Edition

Includes All Free Features PLUS:

Audit Assist

Protect your taxes with Audit Assist!

Our tax professionals will assist you if you are audited by the IRS. Get the peace of mind that comes from knowing you are covered.

Included with DELUXE...
Find out More!

Free Edition

FREE Federal, FREE e-file

Our online application is designed to be simple and fast. Most returns can be completed within 30 minutes. No software to download. Use any computer that has an internet connection.

© 2002-2015 FreeTaxUSA, a TaxHawk, Inc. owned and operated website - Terms of Use