Please review the optional forms to determine which if any of these forms apply to your tax situation.
TIP INCOME – Included on W-2
OVERTIME QUALIFIED DEDUCTION
SELF EMPLOYED – If you are self employed, please complete the worksheet summarizing your business income and expenses.
ITEMIZED DEDUCTIONS – If your expenses exceed the standard deduction then you would be able to take the itemized deductions amount in your tax return. The standard deduction amounts for various filing statuses are located on the bottom of the worksheet.
EDUCATION CREDIT – If you or anyone on your tax return has taken any educational classes, you may be entitled to an education credit. You should have received at 1098-T form from the school.
NEW PASSENGER VEHICLE PERSONAL USE – If you purchases a new vehicle with final assembly in the US, then you could quality for a car loan interest deduction.