Where Do I Enter....In The Tax Program

Per Diem

See the Form 2106 instructions for specifics on the definition of each category.

Why is Schedule B not available for 1040-NR?

Schedule B (Form 1040), Interest and Ordinary Dividends is used for a U.S. citizen and resident alien when filing Form 1040.

Form 8606 - Roth IRA Distributions

A Roth IRA must be in place for a full 5 years prior to any withdrawal.

Can earnest money lost when trying to purchase a home be deducted?

If a taxpayer lost earnest money due to a failed personal home purchase, this loss cannot be claimed on the return.

Form 2439 Notice to Shareholder of Undistributed Long-Term Capital Gains

Undistributed capital gains are reported to mutual fund shareholders when the mutual fund retains some of its long-term capital gains and pays taxes on the undistributed amounts.

Form 8911 - Alternative Fuel Vehicle Refueling Property Credit

The federal government uses a nonrefundable income tax credit as an incentive for taxpayers to install property for refueling vehicles powered by other than gasoline or diesel.

How do I access Schedule OI?

If you file Form 1040-NR, use Schedule OI (Form 1040-NR) to provide additional information not directly entered on Form 1040-NR including whether you are claiming a benefit under a tax treaty.

Why is Schedule B not available for 1040-NR?

Schedule B (Form 1040), Interest and Ordinary Dividends is used for a U.S. citizen and resident alien when filing Form 1040.

Where to enter a prior year capital loss carryover in the individual return

Where Do I Enter Amounts from IRS Letter 6419?

In 2022 taxpayers received IRS Letter 6419 providing the total amount of Child Tax Credit (CTC) advance payments that were disbursed to them in 2021.

Form 9000 - Alternative Media Preference

Taxpayers with print disabilities can use Form 9000 to elect to receive written communications from the IRS in an accessible format.

How Do I Mark an Asset as Listed Property?

Listed property information prints on Form 4562 Part V.

2020 Recovery Rebate Credit

If a taxpayer did not receive one or both Economic Impact Payments (EIP) in 2020, or received a payment for less than they were entitled to, they may be able to claim a credit on their 2020 tax return.

1040-NR Prior to 2022: Scholarship & Fellowship Grants Excluded

The adjustment for scholarship and fellowship grants was allowed on a 1040-NR for tax year 2021 and prior.

Forms not listed in the Form Finder

In Tax Processors Plus Desktop, some individual tax return forms, schedules, and worksheets may print with a return but are not listed in the Form Finder within the return.

Penalty on Early Withdrawal of Savings

An amount entered in Box 2 of Form 1099-INT represents interest or principal forfeited because of early withdrawal of time savings.

How to Enter a Foreign Address

A foreign address is an address that is not a US state, possession, or military address (APO, DPO, FPO).

How Do I Enter a Payment From a Client?

In Tax Processors Plus Desktop, you can record a payment from a client in two places: in the Receipt Menu after exiting their tax return and from the program Quick Menu.

Offering a Discount for Preparer Fees

In a tax return, providing or changing a discount is done from the Receipt Menu after exiting the return.

Removing Paid Preparer and Firm Information from a Self-Prepared Return

In Tax Processors Plus Desktop, if you are going to keypunch an individual tax return for a client who prepared the return themselves for the purposes of e-filing, you will want to mark the return as a self-prepared return.

Form 8888 - Allocation of Refund Into Multiple Accounts

Should you need a list of returns that included Form 8888, the "Office Production Detail Report - "Electronic" in Web Reports in your Account Hub includes a filter for Form 8888.

Entering a Direct Debit on an Amount Due Return

Vehicle Expenses - How to Input Actual Expenses

If you use your car for business purposes, you ordinarily can deduct expenses related to the car or truck.

Where is Depletion Reported in the Individual Tax Return?

Depletion is the using up of natural resources by mining, drilling, quarrying stone, or cutting timber.

Standard Mileage, Actual Expenses, and Depreciation (Form 4562)

If the taxpayer uses a car or truck in their business, they can ordinarily deduct expenses related to the car or truck.