Health Savings Account (HSA) – Form 8889 A health savings account (HSA) is a tax-exempt account set up with a qualified HSA trustee that can be used...
Form 1099-A, Acquisition or Abandonment of Secured Property When a house is foreclosed upon by the bank, the owners typically receive Form 1099-A from the lender showing several pieces of...
Self-Employed Health Insurance Deduction A self-employed taxpayer may be able to deduct the amounts paid for medical and dental insurance, as well as the...
Self-Employed Health Insurance Deduction A self-employed taxpayer may be able to deduct the amounts paid for medical and dental insurance, as well as the...
Maximum Pension Plan Contributions 2019 Maximum Pension Plan Contribution Amount Traditional and Roth IRAs Under age 50 = $6,000Age 50 or older = $7,000...
Forcing Itemized Deductions Keystone Tax Solutions Pro is designed to give the taxpayer the greatest tax advantage of either the standard deduction or...
Schedule 8812 – Additional Child Tax Credit In addition to the nonrefundable Child Tax Credit and Credit for Other Dependents that is claimed on Line 12a of...
Child Tax Credit The Child Tax Credit is a nonrefundable tax credit that is available for certain taxpayers with qualifying children age 16...
What’s New in the 2019 Program Form 1040-SR Form 1040-SR, U.S. Tax Return for Seniors, is an optional return for taxpayers who were born before January 2,...
Nondividend Distribution Statements A nondividend distribution is a distribution that is not paid out of the earnings and profits of a corporation or...