Where do I enter?
- Do local transportation costs include expenses by public transportation everyday, or does it refer to car expenses?
- I drive 130 miles round trip to work. Can I deduct gasoline expenses?
- Where can I enter capital losses from the capital loss carryover worksheet?
- Where do I enter Form 1099-C, Cancellation of Debt?
- Where do I enter child support that I paid?
- Where do I enter long-term and short-term capital gains distributions?
- Where do I enter my child's W-2 (W2)?
- Where do I enter my child's Social Security income?
- Where do I enter state tax withheld on my capital gains?
- Where do I enter my mortgage interest (Form 1098)?
- Where do I enter my expenses for the National Guard Deduction?
- Where do I enter the information from Form 1099-B ?
- Where do I enter my retirement income, Form 1099R ?
- Where do I enter Form 1098-T for tuition paid?
- Where do I enter my unemployment compensation?
- Where do I enter my 1099-DIV ?
- Where do I enter my student loan interest (Form 1098-E)?
- Where do I enter my Form 1099G ?
- Where do I enter tip income, Form 4137?
- Where do I enter my social security income, Form SSA-1099 ?
- Where do I enter my self-employment income?
- Where do I enter a Form 1099-S ?
If you received a Form 1099-C for cancellation of debt income, you can enter that amount on the Canceled Debt screen. If the cancellation of debt income was part of your bankruptcy, then none of it will end up being taxable income. Canceled debt is only income if you are not insolvent or bankrupt.
Do local transportation costs include expenses by public transportation everyday, or does it refer to car expenses?
If you haven't received a 1099-DIV from your mutual fund, you need to get one from them so you know how much to report.
You can prepare a separate return for your child to report his/her income, but if you need to report his/her income on your return, you won't be able to use our website.
The national guard expenses will be deducted even if you do not itemize your deductions.
You can get there from the Income menu, then following Common Income then selecting Retirement Income (Form 1099-R).
If using the menu, go to Deductions / Credits on the menu bar and click on College Tuition (Form 1098-T).
If your Form 1099G is reporting a taxable state/local refund, then you will enter that on the Taxable State Refund screen in the Common Income section.
If the only tip income you have is already included in your W-2 (W2) Box 1 wages, then you do not need to enter your tips on Form 4137 and there is nothing to enter on your tax return.
If it is for the sale of your main home, you usually do not need to report anything on your tax return. Go to the Home Sale screen in the Uncommon Income section of the menu to view all the criteria for when a sale of your home needs to go on your tax return. Usually, if your gain on the sale is less than $250,000 ($500,000 if married), you owned the home two years or more, and you have never used your home as a rental property or home office, then there is nothing to report on your tax return for the sale of your primary residence.
If the 1099-S is for a vacation home, investment property, or land, you enter the sales amount shown on the 1099-S on the Capital Gains/Stock Sales screen in the Common Income section of the menu.
If the 1099-S is for the sale of a rental home, enter your rental property information on the Rental Income screen in the Business Income section of the menu. Then select "Yes" to the question on the Rental Income Information screen that asks if you disposed of your entire interest in the property.