Can I claim the Retirement Savings Contribution Credit?

You may be able to take this credit if you, or your spouse if filing jointly, made (a) contributions (other than rollover contributions) to a traditional or Roth IRA; (b) elective deferrals to a 401(k), 403(b), governmental 457(b), SEP, SIMPLE, or to the federal Thrift Savings Plan (TSP); (c) voluntary employee contributions to a qualified retirement plan, as defined in section 4974(c) [...]

Where do I report nonemployee compensation?

You have a 1099-MISC with income in box 7 - Nonemployee Compensation or 1099 NEC. Essentially, this means you are considered self employed for these wages. The person or company that paid you did not pay Medicare and Social Security taxes. Therefore, you are liable for Self employment tax unless this income is below $600. By entering this information in Schedule C, you are allowed to take [...]

Where do I report Form 1099-MISC?

To enter your 1099-Misc/1099 NEC, click on the Income Tab and then correct form below the Miscellaneous Income heading. 1099 MISC form: Box 1. Rents Enter amounts of $600 or more for all types of rents. Box 2. Royalties Enter gross royalty payments (or similar amounts) of $10 or more. Box 3. Other Income Enter other income of $600 or more required to be reported on Form 1099-MISC that is [...]

I do not have a W-2 for one of my employers. What do I need to do?

In general, employers must provide employees with a Form W-2 by January 31. However, if you leave your employer before the end of the year and request your Form W-2, your employer must provide your Form W-2 within 30 days of your request. If you do not receive your Form W-2, you still must file your return on time. You may request an extension to allow more time to file. After January 31, if you [...]

Can I file as Married Filing Separate?

If you are married and file a separate return, you will usually pay more tax than if you use another filing status for which you qualify. Also, if you file a separate return, you cannot take the student loan intrest deduction, the education credits, or the earned income credit. You also cannot take the standard deduction if your spouse itemizes deductions. Generally you report only your own [...]