Virtual Currency
Answer the virtual currency question on Forms 1040 and 1040-SR
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Drake Tax's SALT Limitation Worksheet breaks down the deductions for the $10,000 State and Local Tax Deduction. [CC]
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]
Drake Tax offers screen-level and field-level help options in data entry, to explain the uses for certain screens and fields, what data is expected in a field, and how to find more information through links or IRS references. [CC]