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Retirement tax questions
The following is considered a simple tax return for free tax filing:
Situations covered (assuming no added tax complexity):
- W-2 income
- Limited interest and dividend income reported on a 1099-INT or 1099-DIV
- IRS standard deduction
- Earned Income Tax Credit (EIC)
- Child Tax Credit (CTC)
- Student loan interest deduction
Situations not covered:
- Itemized deductions
- Unemployment income reported on a 1099-G
- Business or 1099-NEC income
- Stock sales
- Rental property income
- Credits, deductions, and income reported on other forms or schedules (for example, income related to crypto investments).
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‎February 26, 2023
12:55 PM
5,628 Views