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this could save you hours of tedious data entry. Now that 1099-B forms include cost basis, the benefit is even greater. Example 1099-INT, 1099-B, and 1099-DIVs that I was able to import: Vanguard, Fidelity, Betterment, Motif Investing, Sharebuilder, Scottrade. (The big banks like...
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Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and student loan interest). Start for free Everything you need to file with confidenceFile on your own with step-by-step guidance, get unlimited expert help as you go, or let a dedicated ...
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Tools used for work– You might be able to deduct the cost of tools used in your work if they wear out and are thrown away within one year from the date of purchase. Union dues– A deduction may generally be taken for union dues paid by an eligible worker. However, a deduction isn...
Basically, the deduction is computed by adding the cost of inventory at the beginning of the tax year to the cost of any inventory purchases or production costs during the year, and then subtracting the ending inventory at the close of the tax year. ...