Tax Forms and Schedules
Rental Real Estate Income & Expenses
What is Form 8825?
EIN
What is Employer Identification Number?
Original due date of Form 1065 for the 2024 tax year
What is 3/15/2025?
Total percentage of Fed estimated tax due at Q3
What is 75%?
Term used to describe adding initials to workpapers immediately after completion
What is Sign Off?
Interest & Ordinary Dividends
What is Schedule B?
YEP
What is Year-End Projection?
Due date of CA LLC Tax for the 2025 tax year
What is 4/15/2025?
Income tax rate for the CA mental health services tax
What is 1%?
Making sure tax return ties back to the workpapers
What is Self-Review?
Sales of Business Property
What is Form 4797?
TRP
What is Tax Return Preparation?
Due date of CA LLC Fee for the 2025 tax year
What is 6/15/2025?
DAILY DOUBLE
Individuals with CA AGI over this amount are disallowed from using the safe harbor rules based on prior year tax
Workpaper that is used to report what project is being worked on and who is working on it
What is Docket?
Used by self-employed individuals to report their income and expenses
What is Schedule C?
MACRS
What is Modified Accelerated Cost Recovery System?
Original due date of Form 1040 for the 2024 tax year
What is 4/15/2025?
Total percentage of CA estimated tax due at Q1
What is 30%?
Notes that need to be addressed/reviewed before starting return prep are listed on this workpaper
What is Preparer Notes From PY?
Pass-Through Entity Elective Tax Calculation
What is CA Form 3804?
UBIA
What is Unadjusted Basis Immediately After Acquisition?
Due date to make CA PTE election for the 2025 tax year
What is 6/15/2025?
Safe Harbor percentage of prior year tax for taxpayers with prior year AGI less than $150,000
What is 100%?
The "letter analogy" and "two-sided" are terms used to describe this
What is Workpaper Referencing?