Educator Expenses Eligible educators can deduct up to $250 of qualified expenses they paid during the tax year. If married filing joint...
Medical Savings Account Deduction Archer Medical Savings Accounts are similar to Health Savings Accounts in that they allow eligible individuals to save for, and...
Moving Expenses For tax years 2018 and later: The deduction for moving expenses has been eliminated, except for certain members of the...
When Do I Need to File Form 8283 – Noncash Charitable Contributions? The last revision year for this form was 2014. The information is still relevant for 2018 tax returns. Charitable contributions...
Form 8995 / 8995-A – Qualified Business Income Deduction If you are unfamiliar with the Qualified Business Income Deduction (QBID), click here for more information. Forms 8995 and 8995-A...
Tax Recapture from an Education Credit There are several different type of education tax credits available to taxpayers and/or their dependents. See Education Credits and Tuition...
General Business Credit – Form 3800 While the name is singular, the general business credit form consists of numerous credits that may be taken by an...
Residential Energy Credits – Form 5695 Form 5695 is used to calculate the nonrefundable credit for residential energy efficient property. For tax years 2006 through 2017...
Qualified Electric Vehicle Credit – Form 8834 Qualified electric vehicle passive activity credits that are allowed for the current tax year are calculated on Form 8582-CR, Passive...
Credit to Holders of Tax Credit Bonds – Form 8912 Qualified tax credit bonds are bonds issued under IRC Section 54A. The holder of the bond is generally allowed an...