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454 Articles
Orange arrow Am I considered Vermont resident ?

  Domicile is the place where you have your permanent home. Establishing domicile depends on factors such as the location of residences owned or rented, the amount of time spent at the residences, the location of items considered of sentimental or financial value, how and where one's living is earned...
Orange arrow Special Depreciation Allowance

  You can take a special depreciation allowance to recover part of the cost of qualified property (defined next), placed in service during the tax year. The allowance applies only for the first year you place the property in service. For qualified property placed in service in 2013, you can take an a...
Orange arrow How do I enroll with a bank to offer bank products to my customers?

  Bank enrollment and options are available once your software has been purchased. Some banks allow you to enroll directly with them for approval while other banks require your enrollment directly through your software. Even if you have enrolled directly with the bank, you must also enroll through th...
Orange arrow Who can take the Residential Energy Credit?

  Use Form 5695 to figure and take your residential energy credits. The residential energy credits are: The nonbusiness energy property credit, and The residential energy efficient property credit. Also use Form 5695 to take any residential energy credit. The credit is worth Any insulation mater...
Orange arrow Iowa Claim of Right

  Claim of Right Deduction If income was repaid in the tax year and was reported and taxed on a prior Iowa return, that income may be deducted on the current tax return. You may take either the deduction or take a credit, but not both. Example of Claim of Right Deduction A taxpayer reported $7,00...
Orange arrow Iowa In-Home Health Care

  To the extent included in Iowa gross income, deduct any state Supplementary Assistance payments received for unskilled in-home health-related care services to a family member....
Orange arrow Iowa Education Savings Plan Contribution

  Iowa Educational Savings Plan Trust. If you, your spouse, or any other interested party participate in the Iowa Educational Savings Plan Trust, each may deduct an amount contributed not to exceed $3,045 per beneficiary. This is an Iowa Section 529 Plan. Please note: Rollover contributions from oth...
Orange arrow Wash Sales

  A wash sale occurs when you sell or otherwise dispose of stock or securities (including a contract or option to acquire or sell stock or securities) at a loss and within 30 days before or after the sale or disposition, you directly or indirectly: Buy substantially identical stock or securities, ...
Orange arrow Kansas Chickadee Checkoff

  LINE 36 – Chickadee checkoff: Contributions to this Kansas nongame wildlife improvement program will help improve the quality of wildlife in Kansas. Contributions are used to: Assess and maintain information for sensitive species. Monitor populations of endangered species. Assess impact...
Orange arrow Kansas Payments

  Taxpayers who are self-employed or have other income subject to Kansas withholdings (such as unemployment, taxable pensions, interest, or dividends) may be required to file estimated income tax vouchers, Form K-40ES, to pre-pay their Kansas income tax liability. You may also have paid an amount se...
Orange arrow Kansas Senior Meals on Wheels

  SENIOR CITIZENS MEALS ON WHEELS CONTRIBUTION PROGRAM All contributions are used solely for the purpose of providing funds for the Senior Citizens Meals On Wheels Contribution Program. The meals are prepared by a dietary staff and are delivered by volunteers. The underlying objective of the program...
Orange arrow Kansas Subtractions From Federal Adjusted Gross Income

  These are items of income that are taxable on your Federal return but are not taxable to Kansas. Interest on U.S. Government Obligations Enter any interest or dividend income received from obligations or securities of any authority, commission or instrumentality of the United States and its posses...
Orange arrow Michigan Additions

  MI ADDITIONS: Gross interest, dividends, and income from obligations or securities of states and their political subdivisions other than Michigan. The deduction taken for self-employment tax on your federal return and for other taxes on or measured by income, such as your share of city income tax...
Orange arrow Kansas Additions to Federal Adjusted Income

  ADDITIONS TO FEDERAL ADJUSTED GROSS INCOME If you have income that is not taxed or included on your federal return but is taxable to Kansas, complete lines A1 through A13 of Kansas Schedule S. LINE A1: Enter interest income received, credited or earned during the taxable year from any state o...
Orange arrow Michigan College Tuition and Fees Credit

  Michigan College Tuition and Fees Credit The credit for college tuition and fees is no longer allowed.

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