How to enter the QCD for a 1099R?

Enter the 1099R form as it appears on the income page of the federal return in the section for Pensions, Annuities, and IRA distributions. Check the small box for IRA/SEP/SIMPLE. At the bottom of the page, click on "advanced options". Check the box for the QCD and enter the amount of the contribution. Save and continue. The QCD will be indicated at line 4b of the form 1040 or [...]

What is Georgia Consumer Use tax?

What is Use tax? Use tax is a complement to sles tax that is due when GA state and local sales tax was not collected on a retail purchase of taxable personal property that is used, stored, distributed, or consumed in GA. What is the user tax rate? The use tax rate is the sume of the 4% state tax rate and local tax rate. For questions, contact Taxpayer Services Division at 877-423-6711 or [...]

How do I enter a deduction for charitable contributions if I am not itemizing deductions on Schedule A?

For the 2021 return: Individual tax filers, including married individuals filing separate returns, can claim a deduction of up to $300 for cash contributions made to qualifying charities during 2021. The maximum deduction is increased to $600 for married individuals filing joint returns. Included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted in March 2020, a [...]

Form 1095A received for Marketplace Coverage

For tax year beginning 2019, you will select Yes or NO to the health coverage question and select if you received a form 1095A for marketplace coverage in the "my info" page. If you had coverage through the federal marketplace, you will continue to the taxes tab and go to Form 8962, Excess advance premium tax credit repayment. Answer the questions for the form 8962, there is an option to "add [...]

Hawaii Qualified Tuition Program

Qualified Tuition Program Distributions for Elementary and Secondary School Expenses Hawaii conforms to the federal provision where distributions from qualified tuition programs are not taxable if used to pay for qualified higher education expenses. However, Hawaii did not adopt the federal provision that elementary and secondary school expenses of up to $10,000 per year are qualified expenses [...]