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Taxes For 2024 Season (2023 Taxes) > Ch. 01 - 1040 Line By Line To Form > Flashcards

Ch. 01 - 1040 Line By Line To Form Flashcards

1
Q
  1. wages, salaries, tips, etc.
A

W-2

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2
Q

2a. Tax-exempt interest

A

1099-INT

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3
Q

2b. Taxable interest

A

2099-INT, 1099-OID

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4
Q

3a. Qualified dividends

A

1099-DIV

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5
Q

3b. Ordinary dividends

A

1099-DIV

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6
Q

4a, b. IRA distributions

A

1099-R to
FORM 8606

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7
Q

5a,b. Pensions and annuities

A

1099-R

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8
Q

6a-c. Social security benefits and lump-sum election method

A

SSA-1099, RRB-1099

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9
Q
  1. Capital Gain (or loss)
A

1099-B, 1099-DIV to
Form 8949, Sch D

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10
Q
  1. Other income from Schedule 1, line 10
A

Schedule 1

Lines 1 - 8

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11
Q
  1. Total Income
A

1040 lines 1 - 8

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12
Q
  1. Adjustments to income from Schedule 1, line 26
A

Schedule 1

Lines 11 - 24

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13
Q
  1. adjusted gross income
A

Line 9 - line 10

Total income - Adjustments to income

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14
Q

12a. Standard deduction or itemized deductions

A

Schedule A for itemized deductions

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15
Q
  1. Qualified business income deduction
A

Form 8995, 8995-A

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16
Q
  1. Taxable income
A

??

17
Q
  1. Tax
A

Form 4972, 8615, and 8814

18
Q
  1. tax from Schedule 2, line 3
A

Schedule 2

19
Q
  1. Nonrefundable child tax credit or credit for other dependents
A

Form 8812

20
Q
  1. Nonrefundable credits from Schedule 3, line 8
A

Schedule 3

21
Q
  1. Other taxes from Schedule 2, line 21
A

Schedule 2

22
Q
  1. Total tax
A

1040, lines 16 - 23 added together

23
Q

25a-c. Federal income tax withheld

A

W-2, 1099

24
Q
  1. 2023 estimated tax payments and 2022 amount applied
A

1040-ES

25
Q
  1. Earned income credit
A

EIC

26
Q
  1. Additional child tax credit
A

8812

27
Q
  1. American opportunity credit (AOC)
A

Form 863

28
Q
  1. Other payments and refundable credits from Schedule 3, line 15
A

Schedule 3

29
Q
  1. Total payments
A
30
Q

34-37. Refund/amount owed

A

Form 8888

31
Q
  1. Estimated tax penalty
A

Form 2210, 2201-F

Taxes For 2024 Season (2023 Taxes) (34 decks)

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