User:Vtaylor/Tax prep

Pub 17
https://www.irs.gov/publications/p17/

Publication 4012 (Rev. 12-2016)
https://www.irs.gov/pub/irs-pdf/p4012.pdf

• florida - itemize + sales tax
• college kids, dependent, pel grants, scholarships, earnings
• affordable care - marketplace coverage - taxslayer calc problem resolved ? * adult children living with parents with no health care not claimed to avoid affordable care penalty
• capital loss carryover ? required to file itemize
• cd rollover - include sale / purchase same amount - not reported to irs by institution, just taxpayer

• not required to file
• itemize * ts default - use standard deduction if better than itemized - can be over-ridden

• taxable amount on 1099-r - not determines - employee contribution - bogart calculator to "use up" contribution to determine taxable amount

• capital loss carryover (not charity) - schedule D - balance from $3000 https://www.irs.gov/taxtopics/tc409.html
• itemized * medicare premium * auto added to medical, don't include in medical expenses * include sales tax as other tax - fl + county
• volusia sales tax - fl 6.0 + county 0.5% = 6.5% http://www.tax-rates.org/florida/volusia_county_sales_tax

• broker statement 1099-int * box 11 * box 12
• 1099-int - treasury interest

• foreign interest
• 1099-r box 7 distribution codes ? 7 D - 2 separate

• 1099-k - uber driver pay > schedule C self-employed