Your system is the easiest and simplest to use of all those I have used in the past to e-file my returns.
And I have had to use a different one each year as the qualifications for each continues to change for me.
- Jim, North Carolina
|
|
Eligibility
TaxHawk.com supports income, deductions, and credits common to most people.
Please see the detailed listing below to determine your eligibility:
Types of Income Supported
The following common types of income are supported when using TaxHawk.com:
- Wages and salaries (Form W-2)
- Unemployment compensation (Form 1099-G)
- Interest and dividend income (Form 1099-INT and Form 1099-DIV)
- Capital gain distributions (Form 1099-DIV)
- Sales of stocks and mutual funds (Form 1099-B)
- IRA and pension distributions (Form 1099-R)
- Social security benefits (Form 1099-SSA)
- Gambling income or losses (Form W-2G)
- Self-employment income (Form 1099-MISC and Schedule C)
- Rental real estate income (Schedule E)
- Royalty income (Schedule E)
- Partnership or S corporation income (Schedule K-1)
- Estate and trust income (Schedule K-1)
- Farm income (Schedule F)
- Self-employment taxes (Schedule SE)
- Alimony received
- Taxable state or local refunds (Form 1099-G)
- Scholarships and grants
- Unreported tip income (Form 4137)
- Sale of business property (Form 4797)
- Cancellation of debt income (Form 1099-C or Form 1099-A)
- Sale of home
- Tuition program distributions (Form 1099-Q)
- Original Issue Discount income (Form 1099-OID)
- Seller-financed loan interest income
- Household employee wages
- NOL carryover
- Capital loss carryover
- Jury duty fees
- Prizes and miscellaneous income
- Alaska Permanent Fund dividends
Common Deductions Supported
The following deductions are supported with TaxHawk.com:
- Education expenses (Form 1098-T)
- Home mortgage interest, points, and insurance (Form 1098)
- Student loan interest (Form 1098-E)
- IRA deduction
- Educator expenses
- Moving expenses (Form 3903)
- Alimony paid
- Medical expenses (Schedule A)
- State and local taxes (Schedule A)
- Real estate taxes (Schedule A)
- Personal property taxes (Schedule A)
- Cash contributions and most noncash contributions (Schedule A and Form 8283)
- Job expenses (Form 2106)
- Tax preparation fees (Schedule A)
- Investment expenses (Schedule A)
- Gambling losses (Schedule A)
- Casualty losses (Form 4684)
- Depreciation expense (Form 4562)
- Margin loan interest (Form 4952)
- Penalty paid on early withdrawal of savings
- Health Savings Account deduction
- Extra Standard Deduction for real estate taxes (Schedule L)
- Sales tax paid on the purchase of a new car
- Self-employed retirement contributions
- Jury duty repayments
Supported Credits
TaxHawk.com supports the following common types of federal credits:
- Child and Dependent Care credit (Form 2441)
- Child Tax credit
- Additional Child Tax credit (Form 8812)
- Education credits - American Opportunity, Hope, and Lifetime Learning credits (Form 8863)
- Refundable American Opportunity credit
- Earned Income credit (Schedule EIC)
- Making Work Pay credit (Schedule M)
- First-time home-buyer credit
- Move up/repeat home-buyer credit
- Retirement Savings Contribution credit (Form 8880)
- Excess Social Security credit
- Residential energy credits
- Hybrid Car credit
- Elderly credit (Schedule R)
- Foreign Tax credit (Form 1116)
Supported Federal Forms
TaxHawk.com supports the following common types of federal credits:
- Form 1040
- Form 1040EZ *
- Form 1040A *
- Form 1040X **
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule D-1
- Schedule E
- Schedule EIC
- Schedule F
- Schedule L
- Schedule M
- Schedule R
- Schedule SE
- Form 982
- Form 1116
- Form 2106
- Form 2120
- Form 2441
- Form 3903
- Form 4137
- Form 4562
- Form 4684
- Form 4797
- Form 4868
- Form 4952
- Form 5329
- Form 5405
- Form 5695
- Form 6251
- Form 6781
- Form 8283
- Form 8379
- Form 8453
- Form 8582
- Form 8606
- Form 8812
- Form 8829
- Form 8862
- Form 8863
- Form 8880
- Form 8888
- Form 8889
- Form 8910
- Form 8917
- Form 9465
* Anyone who uses Form 1040EZ or Form 1040A can also use Form 1040. The TaxHawk software gathers your information and allows you to and print and file a Form 1040.
** Form 1040X - Amended Return is only available if you prepared your original return using the TaxHawk.
Items NOT Supported
The following items are NOT supported with TaxHawk.com:
- Foreign employment income (Form 2555)
- Foreign mailing address
- Household employment taxes (Schedule H)
- Nonresident alien returns (Form 1040NR)
- Adoption credit (Form 8839)
- Deceased taxpayer (Form 1310)
- General business credits (Form 3800)
- Farm rental (Form 4835)
- At-risk limitations (Form 6198)
- Installment sales (Form 6252)
- Tax for children under age 18 with investment income (Form 8615)
- Prior-year minimum tax credit (Form 8801)
- Qualified electric vehicle credit (Form 8834)
- Archer MSAs (Form 8853)
- Health coverage tax credit (Form 8885 and Form 1099-H)
|
