Recovery Rebate Credit (Economic Impact Payment) 2020
Learn how to use screen RRC to calculate any available Recovery Rebate Credit (Economic Impact Payment) that the taxpayer might be entitled to on the 2020 tax return.
Other videos in this category:
Use the PMT screen to set up automatic fund withdrawal by the IRS, state, and some city departments of revenue.
Beginning in 2018 the previous federal deduction for employee business expenses reported on Form 2106 has been suspended unless the taxpayer meets certain criteria. [CC]
Medical, dental, and long-term care deductions are available to people who are self-employed. [CC]