7 Boxes
Normal Distribution
Code 7
One Person Unicorporated
Sole Prop
Retirement income
1099-R
What does Total State Mean on W2
They worked in Multiple States
Max Simplified method
$1500.
Disability
Code 3
LLC with One Person
SMLLC
1099-NEC
Self Employment Income
Code DD
Health Insurance
Allowable for Uber Drivers
No
Direct Rollover from an IRA to another IRA
Code G
Does Not issue a K1
Corporation
1099-C
Cancelation of Debt
Code W
Money contributed by Employer to HSA account
Definition of Home Office
Dedicated area in Home used EXCLUSIVELY for the business
Direct rollover of a Designated ROTH to a Roth IRA
Code H
Qualified Joint Venture Tax Form
Schedule C
Rail Road Retirement
1099-RRB
Box 2
`Federal Income Tax Withheld
$ per sqft for Simplied Method
Code S
Early Distribution from a Simple IRA
Needs a 2553
S-Corp
1099-Composite
Informs you of Interest, Dividends, Stock Trades
Box 13 (3 items)
Statutory Employee
Retirement Plan
3rd Party Sick Pay
Form #
8829