Tax Forms
This is the main form most taxpayers use to file their annual federal income tax return.
What is Form 1040?
This principle requires tax preparers to act honestly and ensure accuracy in tax returns.
What is integrity?
I am received every time you start a new job.
I determine whether you are eligible to work in the United States.
You will need a passport or license to complete me
What am I?
I am an I-9 form
This type of expense reduces taxable income dollar for dollar, such as student loan interest or mortgage interest
What are deductions
This credit reduces your tax liability dollar for dollar, providing direct savings.
What is a tax credit?
This form is used to claim the Premium Tax Credit for health insurance purchased through the Marketplace.
What is Form 8962?
Tax preparers are required to follow the ethical standards outlined in this IRS document.
What is Circular 230?
I am due by April 15th
You can fill me out using Turbo Tax or you can do it yourself
I report your salary, wages, taxable interest, any investments and any other income
I am a 1040 form
The limit for claiming dependent care expenses on Form 2441 is this amount for 2023.
What is $6,000?
This education credit can be claimed for qualified tuition and related expenses.
What is the American Opportunity Credit?
This form is used to report unreported tips and calculate Social Security and Medicare tax.
What is Form 4137?
Failing to follow ethical guidelines can result in this action against a tax preparer’s PTIN.
What is suspension or revocation?
You will receive me if you are a freelancer or self employed
I am a 1099-NEC form
This type of deduction can only be claimed if you choose not to take the standard deduction.
What are itemized deductions?
This credit is refundable and designed to help low-income households with living expenses.
What is the Earned Income Credit (EIC)?
Moving expenses for military members are reported on this form.
What is Form 3903?
Tax preparers must exercise this to ensure all tax returns are prepared accurately and completely.
What is due diligence?
You fill me out every time you start a new job
What you write on me determines how much your employer withholds in taxes
I am a W-4
These unreimbursed expenses can be deducted by self-employed individuals but not employees.
What are business expenses?
This child-related credit offers up to $2,000 per qualifying child under age 17.
What is the Child Tax Credit?
Taxpayers use this form to figure and claim the credit for prior year minimum tax.
What is Form 8801?
Ethical tax preparers are prohibited from taking this type of position without proper documentation.
What is an aggressive tax position?
You will receive me by your employer
You need me in order to file your taxes
I am a W-2
Contributions to this type of retirement account are deductible, reducing taxable income.
What is a traditional IRA?
This credit can help taxpayers cover the costs of installing renewable energy systems in their homes.
What is the Residential Energy Credit?