Disaster Relief for 2020
Use Form 8915-E to report distributions due to Coronavirus and other disasters.
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Advance CTC payments must be reconciled on the 2021 tax return. Excess advance payment amounts received will be required to be repaid in certain circumstances. To reconcile amounts received for the advance child tax credit, entries must be made on the 8812 screen in Drake Tax 2021.
Allocate the sales price and expenses from a group sale of assets easily. [CC]
Medical, dental, and long-term care deductions are available to people who are self-employed. [CC]