Schedules

Schedule F - Profit or Loss from Farming
Schedule H - Household Employment Taxes

questions

1. What is the difference between a qualified child and a qualifed dependant?

2. Does the IRS doble check the SS# on the bank account with the SS# on the tax return before depositing a refund?

3. What is community income?

Pubs

Pub 555 - Community Property
Pub 915 - Social Security and Equivalent Railroad Retirement Benefits
Pub 559 - Survivors, Executors, and Administrators
Pub 54 - Tax Guide for US Citizens and Resident Aliens Abroad
Pub 570 - Tax Guide for Individuals With Income from US Possessions

Defenitions

community property: (in some states) property acquired by a husband, wife, or both together, that is considered by law to be jointly owned and equally shared.
Dictionary.com

Forms

Form 8888 - Allocation of Refund
Form 8332 - Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent

Answer to Q #2

No, the IRS does not check the SS# on the bank account with the SS# on the 1040. Did some research online and found that there where instances when the IRS deposited a refund to the wrong account because an incorect account number was on a tax return.

my blog

Hi All,

I liked Mikes' idea of having a blog (I'll follow his as well: mike-cooper.blogspot.com). So here is mine. Feel free to follow and please do comment. The blog is mostly for my own notes, references, and questions to which I will do my best to find answers to.

Best wishes to all! Enjoy your summer as much as possible :).

-Vera

Forms

Form 8822 - Change of Address

Form 2848 - Power of Attorney and Declaration of Representative

Form 5405 - First Time Homebuyer Credit and Repayment of the Credit (line 59)

Form 2106 - Employee Business Expenses (used for adjusted gross income, line 24)

Form 4137 - Social Security and Medicare Tax on Unreported Tip Income (used for Other Taxes, line 57)

Form 8919 - Uncollected Social Security and Medicare on Wages (used for Other Taxes, line 57)

Form 5329 - Additional Taxes on Qualified Plans (Including IRAs) and other Tax-Favored Accounts (used for Other Taxes, line 58)

Form 2210 - Underpayment of Estimated Tax by Individuals, Estates, and Trusts (use for reducing penalties, unevenly income throughout the yr)