A State of Affairs
This state gives you a Permanent Fund Dividend just for living there!
Alaska
K-1's and Rentals? File this Schedule
Schedule E
W-2 Box 12: Code DD
Health Care / Health Coverage
I can only claim gambling losses up to this amount
Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming don't have this
State Income Tax
The IRS is asking for an 8862, I'll need to grab my health coverage to calculate this credit
Premium Tax Credit
1099-R Box 7: Code 1
Early Distribution
On the road again! How long have I been away from home? If a trucker knows this, he can calculate this daily expense
Per Diem
Don't get married! California, Arizona, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin are all this type of state
Community Property States
Self-Employed? No worries! The 8995 will help you out by giving you this
QBI / Qualified Business Income Deduction
W-2 Box 12: Code W
HSA Contributions (Health Savings Account)
I can't claim American Opportunity tax credit if I filed this status
Married Filing Separately
Yonkers! The local tax laws in this state are insane!
New York
2555
K-1 Box 16: Code D
I can only claim Casualty losses that resulted from these events
Federally Declared Disasters
in this agreement, two or more states only only tax you in the state you live in, even if you work in the other
Reciprocity Agreement
I should've gone to college, then I could've claimed Education Credits using this schedule
8863
W-2 Box 12: Code V
Income from Stock Options (NSO/RSU)
Under MACRS, I must use 39 Year Straight Line Method for this type of asset
Nonresidential Real Estate