Individual Income Tax Returns – Most recognized items on personal returns
- Form 1040 and sub schedules are more difficult to prepare.
- Schedule A – Itemized Deductions
- Schedule B – Interest and Dividend income
- Taxable / Nontaxable Social Security
- Retirement (including IRAs and/or Annuities)
- Earned Income Tax Credit
- Child Support / Alimony
- Form 1040 ES – Estimated Tax Voucher
- Form 8812 – Additional Child Tax Credit
- I have been an authorized Tax Act Professional user for 10 years.
Business Income Tax Returns – Most recognized forms to file for small businesses
- Schedule C – Profit / Loss from most businesses
- S-Corporations / LLCs
- Schedule F – Farming Income and Deductions
- Schedule E – Rental Income and Deductions
- Schedule J – Income Averaging for Farmers and Fishermen
- Schedule D – Capital Gain / Loss
- Schedule SE – Self Employment Tax