# Detailed TXF Category Descriptions

Tax Form \ TXF Code Description | Extended TXF Help messages Income Expense
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< help \ H001 Name of Current account is exported. | Categories marked with a "<" or a "^", require a Payer identification to be exported. "<" indicates that the name of this account is exported as this Payer ID. Typically, this is a bank, stock, or mutual fund name.
^ help \ H002 Name of Parent account is exported. | Categories marked with a "<" or a "^", require a Payer identification to be exported. "^" indicates that the name of the PARENT of this account is exported as this Payer ID. Typically, this is a bank, stock, or mutual fund name.
# help \ H003 Not implimented yet, Do NOT Use! | Categories marked with a "#" are not fully implemented yet! Do not use these codes!
none \ N000 Tax Report Only - No TXF Export | This is a dummy category and only shows up on the tax report, but is not exported.
F1040 \ N261 Alimony received | Alimony or spousal support payments received from a former spouse. Do not include child support payments since they are not considered taxable income.
F1040 \ N257 Other income, misc. | Miscellaneous income such as jury duty fees, hobby income, amounts recovered on expenses deducted in previous years. Do not include prizes, awards, gambling winnings or income from self employment.
F1040 \ N520 RR retirement inc., spouse | Spouse's portion of tier 1 railroad retirement benefits that are equivalent to social security benefits is reported on Form RRB-1099. These benefits are subject to the same computation as social security benefits to determine taxable amount.
F1040 \ N519 RR retirement income, self | The portion of tier 1 railroad retirement benefits that are equivalent to social security benefits is reported on Form RRB-1099. These benefits are subject to the same computation as social security benefits to determine the taxable amount.
F1040 \ N258 Sick pay or disability pay | A payment to you to replace your regular wages while you are temporarily absent from work due to sickness or personal injury. This does not usually include Workers' Compensation, Accident and Health Insurance Benefits, or Compensatory Damages.
F1040 \ N483 Social Security inc., spouse | Net social security benefits your spouse receives reported on Form SSA-1099. A maximum of 85% of benefits may be taxable if income exceeds $44,000 for married joint; $34,000 for all others except $0 if married separate AND living together this year.
F1040 \ N266 Social Security income, self | Net social security benefits you receive reported on Form SSA-1099. A maximum of 85% of benefits may be taxable if income exceeds $44,000 (married filing joint); $34,000 (all others) except $0 (married separate AND living together this year.)
F1040 \ N260 State and local tax refunds | Refund of state or local taxes which you deducted as an itemized deduction in a prior year.If you did not itemize and take a deduction for state and local taxes last year, you do not need to report the refund as income. Reported to you on a 1099-G.
F1040 \ N269 Taxable fringe benefits | The most common taxable fringe benefits are the value of your personal use of a company-provided car or a membership in a country or health club. Generally, your employer determines the amount of fringe benefits and includes it in your wages.
F1099-G \ N672 Qualified state tuition earnings | The amount of qualified state tuition earnings that was distributed to you.
F1099-G \ N260 State and local tax refunds | Refund of state or local taxes which you deducted as an itemized deduction in a prior year.If you did not itemize and take a deduction for state and local taxes last year, you do not need to report the refund as income. Reported to you on a 1099-G.
F1099-G \ N479 Unemployment compensation | Payments received as Unemployment Compensation from federal or state sources are taxable on your federal tax return.
F1099-MISC \ N562 Crop insurance proceeds | The amount of crop insurance proceeds received by farmers from insurance companies unless the expenses were capitalized under section 278, 263A, or 447.
F1099-MISC \ N559 Fishing boat proceeds | The amount of your share of all proceeds from the sale of a catch or the fair market value of a distribution in kind received as a crew member of a fishing boat.
F1099-MISC \ N560 Medical/health payments | The amount of medical and health care payments you received as a physician or other supplier/provider of medical and health care services.
F1099-MISC \ N561 Nonemployee compensation | The amount of nonemployee compensation received for services performed. This may include fees, commissions, prizes and awards, the value of bartered services, directors' fees, and gross oil and gas payments for a working interest.
F1099-MISC \ N557 Other income | The amount or FMV of prizes and awards received, but not for services performed. This may include game show winnings, punitive damages from cases without physical injury or sickness, or deceased employee's wages paid to their estate or beneficiary.
F1099-MISC \ N259 Prizes and awards | Cash or fair market value of property received as a prize in a television or radio quiz program, beauty contest or lottery.
F1099-MISC \ N555 Rents | The amount of rent payments received from a trade or business.
F1099-MISC \ N556 Royalties | The amount of royalty payments received from copyrights, patents, and oil, gas, and mineral properties.
F1099-MSA \ N632 MSA earnings on excess contrib | The earnings on excess contributions made to your qualified Medical Savings Account. This amount is always taxable.
F1099-MSA \ N631 MSA gross distribution | The gross amount of distributions made from a qualified Medical Savings Account. The distributions can be made to you or to a provider on your behalf.
F1099-R \ N623 SIMPLE total gross distrib. | The gross amount of a distribution received from a qualified SIMPLE pension plan.
F1099-R \ N624 SIMPLE total taxable distrib. | The taxable amount of a distribution received from a qualified SIMPLE plan. This amount may be subject to a federal penalty of up to 25%.
F1099-R \ N477 Total IRA gross distrib. | The gross amount of a distribution from a qualified Individual Retirement Arrangement (IRA) plan.
F1099-R \ N478 Total IRA taxable distrib. | The taxable amount of a distribution from a qualified Individual Retirement Arrangement (IRA) plan.
F1099-R \ N475 Total pension gross distrib. | The gross amount of a distribution from a qualified pension or annuity plan. Do not include IRA distributions here.
F1099-R \ N476 Total pension taxable dist. | The taxable amount of a distribution from a qualified pension or annuity plan. Do not include IRA distributions here.
F2106 \ N387 Reimb. exp. (non-meal/ent.) | Reimbursement for business expenses from your employer that is NOT included on your Form W-2.
F2106 \ N388 Reimb. meal/entertainment exp. | Reimbursement for meal expenses from your employer that is NOT included on your Form W-2.
F4137 \ N505 Total cash/tips received | The amount of tips you did not report to your employer on time or did not report at all.
F4684 \ N416 FMV after casualty | The fair market value (FMV) is the price at which the property would change hands between a willing buyer and seller. The FMV after a theft is zero if the property is not recovered. The FMV after a casualty should be determined by competent appraisal.
F4684 \ N415 FMV before casualty | The fair market value (FMV) is the price at which the property would change hands between a willing buyer and seller - neither being compelled to buy or sell. FMV is generally determined by competent appraisal.
F4684 \ N414 Insurance/reimbursement | The amount of insurance or other reimbursement you received.
F4835 \ N573 Agricultural program paymnts | Government payments received for price support payments, diversion payments, cost-share payments (sight drafts), payments in the form of materials or services, face value of commodity credit certificates. Usually reported to you on Form 1099-G.
F4835 \ N575 CCC loans forfeited/repaid | The full amount forfeited or repaid with certificates, even if you reported the loan proceeds as income. Refer to IRS Pub 225 for more information on tax consequences of forfeiting CCC loans and repaying CCC loans with certificates.
F4835 \ N574 CCC loans reported/election | Commodity Credit Corp. loan proceeds are generally not reported as income. If you pledge part/all of production to secure a CCC loan, you may elect to report loan proceeds as income in the year received instead of the year the crop is sold.
F4835 \ N577 Crop ins. proceeds deferred | If this is the year of damage and you receive crop insurance proceeds, you may elect to include insurance proceeds in the following year's income. A statement must also be attached to your return. Refer to IRS Pub 225 for more information.
F4835 \ N576 Crop ins. proceeds rec'd | In general, you must report crop insurance proceeds in the year you receive them. Federal crop disaster payments are treated as crop insurance proceeds.
F4835 \ N578 Other income | Other farm income may include illegal federal irrigation subsidies, bartering income, debt forgiveness, gasoline or fuel tax refunds or credits, gains from sales of commodity futures contracts, payments for granting easements and right-of-way, etc.
F4835 \ N571 Sale of livestock/produce | Livestock or crop share rentals you received and converted into money or its equivalent during the year whether you use the cash or accrual method of reporting. Equivalents may include crop shares used to feed livestock and those you give to others.
F4835 \ N572 Total co-op distributions | Income in the form of patronage dividends, nonpatronage distributions, per-unit retain allocations, and redemption of nonqualified notices and per-unit retain allocations. These are reported to you on Form 1099-PATR.
F6252 \ N429 Debt assumed by buyer | The amount of mortgages or other debts the buyer assumed or took the property subject to. Do not include a second trust deed taken by the seller or any new mortgages the buyer gets from a bank, from you, or other sources.
F6252 \ N431 Depreciation allowed | All depreciation or amortization you deducted or should have deducted from the date of purchase until date of sale. Include any section 179 expense deduction.
F6252 \ N435 Payments rec'd prior years | Money and fair market value (FMV) of property you received before this tax year for the sale. FMV is the amount a willing buyer and seller would pay - neither being compelled to buy or sell. IRS Pub 551 has more information on FMV.
F6252 \ N434 Payments rec'd this year | The amount of money you received this year. This includes any down payment as well as the principal portion of any installment payments. Do not include the amount that is interest. (Interest is reported on Schedule B.)
F6252 \ N428 Selling price | Total of any money, face amount of the installment obligation, and the fair market value of other property you receive in exchange for the property sold. Include any existing mortgage or other debt the buyer assumed or took the property subject to.
F8815 \ N444 EE US svgs. bonds proceeds | The total proceeds from all series EE U.S. savings bonds issued after 1989 you cashed during this tax year. Include both principal and interest.
F8815 \ N443 Nontaxable ed. benefits | Non-taxable benefits received, such as scholarship or fellowship grants excludable from income and veterans' and employer-provided educational assistance benefits. Do not include non-taxable benefits paid directly to or by the educational institution.
F8815 \ N445 Post-89 EE bond face value | The face value of all post-1989 bonds cashed this tax year.
F8863 \ N637 Hope credit | The amount of qualified tuition and enrollment fees for the Hope credit. The credit applies only to tuition paid for the first two years of a student's post-secondary education. You may qualify for up to $1500 per student.
F8863 \ N638 Lifetime learning credit | The amount of qualified tuition and enrollment fees for the Lifetime Learning credit. The credit for lifetime learning applies to post-June 30, '98 expenses for education beginning after that date.
Home Sale \ N393 Selling price of old home | The gross sales price of your old home. Generally includes the amount of money you received, plus all notes, mortgages, or other debts that are part of the sale. Total is usually reported to you on Form 1099-S, Proceeds from Real Estate Transactions.
^ Sched B \ N488 Div. income, cap gain distrib. | These distributions represent your share of the fund's long-term profits on sales of securities and are taxable income. Your monthly statements or Form 1099-DIV should designate which dividends are capital gain distributions.
< Sched B \ N487 Div. income, non-taxable | Mutual funds pay shareholders several kinds of dividends. Refer to your monthly statements or Form 1099-DIV for the amount of non-taxable dividends paid to you.
^ Sched B \ N286 Dividend income | Ordinary (taxable) dividends are the most common type of distribution from a corporation. They are reported to you on a 1099-DIV. Do not include capital gain distributions or non-taxable dividends here.
< Sched B \ N492 Int. inc., OID bonds | Generally, part of the original issue discount (OID) on these bonds must be reported as interest income each year you hold the bond. The issuer of the bond will make the OID computation and report it on Form 1099-OID.
< Sched B \ N490 Int. inc., taxed only by fed | Interest income that is taxed on your federal return, but not on your state income tax return - other than interest paid on U.S. obligations.
< Sched B \ N491 Int. inc., taxed only by state | Interest income that is not taxed on your federal return, but is taxed on your state income tax return - other than interest income from state bonds or notes, the District of Columbia, or a possession of the United States.
< Sched B \ N489 Int. income, non-taxable | Non-taxable interest income other than from bonds or notes of states, counties, the District of Columbia, or a possession of the United States, or from a qualified private activity bond.
< Sched B \ N287 Interest income | Taxable interest includes interest you receive from bank accounts, credit unions, loans you made to others. Assign interest from U.S. obligations such as Treasury bills, notes, and bonds to the tax line 'US govt interest'.
< Sched B \ N524 Seller-financed mortgage int. | Interest you receive on a take-back mortgage or other form of seller-financing that resulted from the sale of your home or other property. The buyer used the property as a personal residence.
< Sched B \ N289 State and muni bond interest | Generally, you do not pay federal income tax (but you may pay state income tax) on interest on bonds or notes of states, counties, the District of Columbia, or possessions of the United States. Report non-taxable interest on Schedule B.
< Sched B \ N290 TE private activity bond int. | Interest income from a qualified tax-exempt private activity bond is not taxable if it meets all requirements. This income is included on your Schedule B as non-taxable interest income.
< Sched B \ N288 US government interest | Interest on U.S. obligations, such as U.S. Treasury bills, notes, and bonds issued by any agency or instrumentality of the United States are taxable on your federal return. This income is exempt from all state and local income taxes.
Sched C \ N293 Gross receipts or sales | Gross receipts or sales from your business before deducting adjustments for returns and allowances and cost of goods sold.
Sched C \ N303 Other business income | Miscellaneous income related to your trade or business that is not included in gross receipts (e.g., bad debts you recovered, scrap sales, interest on notes or accounts receivable). Interest earned on business bank accounts is included on Schedule B.
# Sched D \ N323 LT gain/loss - security | Long-term gain or loss from the sale of a security. If you use the Investment Tracking that is available in Quicken, you should not need to assign any of your categories to this tax line.
# Sched D \ N321 ST gain/loss - security | Short-term gain or loss from the sale of a security. If you use the Investment Tracking that is available in Quicken, you should not need to assign any of your categories to this tax line.
# Sched D \ N810 ST/LT gain or loss |
Sched E \ N326 Rents received | Payment for the use or occupation of property, including monthly rent for an apartment, house, garage; advance rent; payment for canceling a lease; expenses paid by the tenant. Do not include security deposit until it is forfeited by the tenant.
Sched E \ N327 Royalties received | Royalties received from copyrights, patents, and oil, gas, and mineral properties are included as ordinary income.
Sched F \ N372 Agricultural program payments | Government payments received for price support payments, diversion payments, cost-share payments (sight drafts), payments in the form of materials or services, face value of commodity credit certificates. Usually reported to you on Form 1099-G.
Sched F \ N374 CCC loans forfeited or repaid | The amount forfeited or repaid with certificates, even if you reported the loan proceeds as income. Refer to IRS Pub 225 for more information on tax consequences of forfeiting CCC loans and repaying CCC loans with certificates.
Sched F \ N373 CCC loans reported/election | Commodity Credit Corp. loan proceeds are generally not reported as income. If you pledge part/all of your production to secure a CCC loan, you may elect to report loan proceeds as income in the year received instead of the year the crop is sold.
Sched F \ N376 Crop ins. proceeds deferred | If this is the year of damage and you received crop insurance proceeds, you may elect to include insurance proceeds in the following year's income. A statement must also be attached to your return. Refer to IRS Pub 225 for more information.
Sched F \ N375 Crop ins. proceeds received | In general, you must report crop insurance proceeds in the year you receive them. Federal crop disaster payments are treated as crop insurance proceeds.
Sched F \ N370 Custom hire income | The income you receive for work that you or your hired help perform as contract work or custom work done for others, or for the use of your property or machines.
Sched F \ N377 Other farm income | Other farm income may include illegal federal irrigation subsidies, bartering income, debt forgiveness, state gasoline or fuel tax refund, gains from sales of commodity futures contracts, payments for granting easements and right-of-way, etc.
Sched F \ N369 Resales of livestock/items | Amounts you received from the sales of livestock and other items you bought specifically for resale. Do not include sales of livestock held for draft, breeding, sport or dairy purposes. These are reported on Form 4797, Sales of Business Property.
Sched F \ N368 Sales livestock/product raised | Amounts you received from the sale of livestock, produce, grains, and other products you raised.
Sched F \ N371 Total co-op. distributions | Income in the form of patronage dividends, nonpatronage distributions, per-unit retain allocations, and redemption of nonqualified notices and per-unit retain allocations. These are reported to you on Form 1099-PATR.
Sched K-1 \ N452 Dividends | The amount of dividend income reported to you by the partnership on line 4b of the Schedule K-1.
Sched K-1 \ N455 Guaranteed partner payments | A partnership treats payments or credits to a partner for services (or for use of capital) as guaranteed payments. The payments are deductible by the partnership as a business expense and reported to you on line 5 of the Schedule K-1.
Sched K-1 \ N451 Interest income | The amount of interest income reported to you by the partnership on line 4a of the Schedule K-1.
# Sched K-1 \ N454 Net LT capital gain or loss | The long-term gain or (loss) from the sale of assets reported to you by the partnership on line 4e of the Schedule K-1.
# Sched K-1 \ N453 Net ST capital gain or loss | The short-term gain or (loss) from sale of assets reported to you by the partnership on line 4d of Schedule K-1.
# Sched K-1 \ N456 Net Section 1231 gain or loss | The gain or (loss) from sale of Section 1231 assets reported to you on line 6 of the Schedule K-1.
# Sched K-1 \ N448 Ordinary income or loss | Your share of the ordinary income (loss) from the trade or business activities of the partnership. You cannot have a loss greater than your basis in the partnership. This amount is reported to you on line 1 of the Schedule K-1.
# Sched K-1 \ N450 Other rental income or loss | The income or (loss) from rental activities, other than the rental of real estate. This amount is reported to you on line 3 of the Schedule K-1.
# Sched K-1 \ N449 Rental RE income or loss | The income or (loss) from rental real estate activities engaged in by the partnership. This amount is reported to you on line 2 of the Schedule K-1.
Sched K-1 \ N527 Royalties | Your share of the royalty income reported to you by the partnership on line 4c of the Schedule K-1.
Sched K-1 \ N528 Tax-exempt interest income | Your share of tax-exempt interest income received or accrued by the partnership reported to you on line 19 of Schedule K-1.
W-2 \ N465 Dep. care benefits, self | The amount your employer paid or provided to you or someone else on your behalf for child and dependent care. (Use the line 'Dep. care benefits, spouse' below for the dependent care benefits your spouse receives.)
W-2 \ N512 Dep. care benefits, spouse | The amount your spouse's employer paid or provided to your spouse or to someone else on his/her behalf for child and dependent care.
W-2 \ N546 Reimbursed moving exp.,spouse | Amounts received from your spouse's employer to reimburse them for qualified moving expenses. Under new law, reimbursements may be excludable from taxable income. Do not include here if reimbursements are already included in spouse's wages.
W-2 \ N267 Reimbursed moving expenses | Amounts received from your employer to reimburse you for qualified moving expenses. Under new law, reimbursements may be excludable from taxable income. Do not include here if reimbursements are already included in your wages.
W-2 \ N460 Salary or wages, self | The amount of gross wages, tips and other compensation you receive from your employer. (Use the line 'Salary or wages, spouse' below for your spouse's wages.)
W-2 \ N506 Salary or wages, spouse | The amount of gross wages, tips and other compensation your spouse receives from his/her employer.
W-2G \ N549 Gross winnings | The amount of gross winnings from gambling. This may include winnings from horse racing, dog racing, jai alai, lotteries, keno, bingo, slot machines, sweepstakes, and wagering pools.
none \ N000 Tax Report Only - No TXF Export | This is a dummy category and only shows up on the tax report, but is not exported.
F1040 \ N264 Alimony paid | Alimony or spousal support payments paid to a former spouse. Do not include child support payments since they are not deductible.
< F1040 \ N265 Early withdrawal penalty | The penalty charged to withdraw funds from a time savings account before maturity. Do not reduce total interest earned on that account by the penalty amount. You may deduct the entire penalty even if it exceeds your interest income.

F1040 \ N521
Federal estimated tax, qrtrly

The quarterly payments you make to the IRS to cover the estimated tax due on income that is not subject to withholding (e.g., self-employment income, unemployment compensation, gains from sales of assets). NOTE: If a full year (Jan 1, YEAR to Dec 31, YEAR) is specified, the date is adjusted to Mar 1, YEAR to Feb 28, YEAR+1. Thus, the payment due Jan 15 is exported for the correct year.

F1040 \ N613 Fed tax w/h, RR retire,self | The amount of federal income taxes withheld from your tier 1 railroad retirement benefits. (Use the line, 'Fed tax w/h, RR retire, spouse' below for federal withholding from your spouse's tier 1 railroad retirement benefits.)
F1040 \ N611 Fed tax w/h, Soc. Sec.,self | The amount of federal income taxes withheld from your social security benefits. (Use the line, 'Fed tax w/h, Soc. Sec., spouse' below for federal withholding from your spouse's social security benefits.)
F1040 \ N614 Fed tax w/h,RR retire,spouse | The amount of federal income taxes withheld from your spouse's social security benefits. (Use the line, 'Fed tax w/h, RR retire, self.' above for federal withholding from your tier 1 railroad retirement benefits.)
F1040 \ N612 Fed tax w/h,Soc. Sec.,spouse | The amount of federal income taxes withheld from your spouse's social security benefits. (Use the line, 'Fed tax w/h, Soc. Sec., self.' above for federal withholding from your social security benefits.)
F1040 \ N482 IRA contrib., non-work spouse | The total combined contribution you can make each year to a qualified IRA on a joint return is $4,000.
F1040 \ N262 IRA contribution, self | The maximum contribution to a qualified IRA is $2,000 per year. If you or your spouse are covered by a company retirement plan, this amount could be limited or eliminated.
F1040 \ N481 IRA contribution, spouse | The maximum contribution to your spouse's qualified IRA is $2,000 per year. If you or your spouse are covered by a company retirement plan, the deductible contribution could be limited or eliminated.
F1040 \ N263 Keogh deduction, self | Contributions made to a H.R.10 (Keogh) Plan of a sole proprietor or partnership. Depending on the type of plan, the deduction limit for a self-employed person is generally the smaller of $30,000 or a percentage of taxable compensation.
F1040 \ N516 Keogh deduction, spouse | Spouse contributions to a H.R.10 (Keogh) Plan set up by a sole proprietor or partnership. Depending on the type of plan, the deduction limit for a self-employed person is generally the smaller of $30,000 or a percentage of taxable compensation.
F1040 \ N608 Med savings contrib., spouse | Contributions made to your spouse's medical savings account that were not reported on their Form W-2.
F1040 \ N607 Med savings contribution,self | Contributions made to your medical savings account that were not reported on your Form W-2.
F1040 \ N517 SEP deduction, self | Contributions made to a simplified employee pension plan (SEP) set up by a sole proprietor or partnership. The deduction limit for a self-employed person is the lesser of $30,000 or a percentage of taxable compensation.
F1040 \ N518 SEP deduction, spouse | Spouse contributions made to a simplified employee pension plan (SEP) set up by a sole proprietor or partnership. The deduction limit for a self-employed person is the lesser of $30,000 or a percentage of taxable compensation.
F1040 \ N609 SIMPLE contribution, self | Contributions made to your SIMPLE retirement plan that were not reported on your Form W-2.
F1040 \ N610 SIMPLE contribution, spouse | Contributions made to your spouse's SIMPLE retirement plan that were not reported on their Form W-2.
F1040 \ N636 Student loan interest | Amount of interest you paid this year on qualified student loans. This deduction is an adjustment to income so you can claim it even if you do not itemize your deductions on Schedule A. See IRS Publication 970.
F1099-G \ N606 Fed tax w/h, unemplymt comp | The amount of federal income taxes withheld from your unemployment compensation.
F1099-G \ N605 Unemployment comp repaid | The amount of unemployment compensation that you repaid to the federal or state government during the current year.
F1099-MISC \ N558 Federal tax withheld | The amount of federal income tax withheld (backup withholding) from 1099-MISC income.
F1099-MISC \ N563 State tax withheld | The amount of state income tax withheld (state backup withholding) from 1099-MISC income.
F1099-R \ N532 IRA federal tax withheld | The amount of federal income taxes withheld from your IRA distribution.
F1099-R \ N534 IRA local tax withheld | The amount of local income taxes withheld from your IRA distribution.
F1099-R \ N533 IRA state tax withheld | The amount of state income taxes withheld from your IRA distribution.
F1099-R \ N529 Pension federal tax withheld | The amount of federal income taxes withheld from your pension distribution.
F1099-R \ N531 Pension local tax withheld | The amount of local income taxes withheld from your pension distribution.
F1099-R \ N530 Pension state tax withheld | The amount of state income taxes withheld from your pension distribution.
F1099-R \ N625 SIMPLE federal tax withheld | The amount of federal income taxes withheld from a SIMPLE distribution received.
F1099-R \ N627 SIMPLE local tax withheld | The amount of local income taxes withheld from a SIMPLE distribution received.
F1099-R \ N626 SIMPLE state tax withheld | The amount of state income taxes withheld from a SIMPLE distribution received.
F2106 \ N382 Automobile expenses | Operating costs of your business vehicle: gas, oil, tires, repairs, insurance, etc.
F2106 \ N381 Education expenses | Cost of tuition, books, fees, transportation if the education is required by your employer or maintains or improves current job skills. Cost of courses preparing you for a new profession or meeting minimum requirements of your job are not deductible.
F2106 \ N391 Employee home office expenses | Business portion of the operating expenses of your home. You must use part of your home regularly and exclusively for business. The use must be for the convenience of the employer and not just helpful in your job. Refer to IRS Pub 587.
F2106 \ N389 Job seeking expenses | Expenses incurred in looking for a new job in your present occupation, even if you do not get a new job. Include employment and outplacement agency fees; costs to type, print, and mail copies of your resume; transportation and travel expenses.
F2106 \ N384 Local transportation exp. | Amounts for parking fees, tolls, and local transportation costs that are ordinary and necessary for your trade or profession. Generally, the cost of commuting to and from your regular place of work is not deductible.
F2106 \ N386 Meal/entertainment expenses | Ordinary and necessary business-related meals and entertainment, including meals while away from your tax home overnight and local business meals and entertainment expenses. This area is closely scrutinized by IRS. Keep detailed records.
F2106 \ N385 Other business expenses | Ordinary and necessary business expenses such as business gifts, trade or professional publications.
F2106 \ N390 Special clothing expenses | Cost and upkeep of work clothes only if you must wear them as a condition of employment AND they are not suitable for everyday wear. The cost of required protective clothing (safety shoes, glasses, boots, hard hats, work gloves) are also deductible.
F2106 \ N383 Travel (away from home) | Amount of travel expenses incurred while away from your tax home overnight, including lodging, airplane, car rental, etc. Do not include meal and entertainment expenses here.
< F2441 \ N401 Qualifying childcare expenses | The amounts you paid to child care provider(s) to care for your child (under age 13) or qualifying person. This does not include the cost of clothing, entertainment, schooling for a child in the first grade or above, nor expenses for overnight camp.
< F2441 \ N402 Qualifying household expenses | The cost of services needed to care for the qualifying person as well as to run the home. They include the services of a cook, maid, babysitter, housekeeper, or cleaning person if the services were partly for the care of the qualifying person.
F3903 \ N406 Transport/storage of goods | The actual cost to pack, crate and move your household goods and personal effects. You may include the cost to store and insure household goods and personal effects within any period of 30 days in a row after the items were moved from your old home.
F3903 \ N407 Travel/lodging, except meals | The costs of travel from your old home to your new home. Include transportation and lodging, but not meals, on the way. Although not all members of your household must travel together, you may only include expenses for one trip each.
F4684 \ N413 Basis of casualty property | The original cost plus the cost of improvements. Refer to IRS Pub 551 for special rules that apply to property received as a gift or by inheritance.
F4835 \ N579 Car and truck expenses | Include the business portion of car or truck gas/oil, repairs, insurance, interest, taxes, tires, etc. Your tax software should compare these actual expenses to the standard mileage rate and calculate the larger allowable deduction.
F4835 \ N580 Chemicals | Chemicals used in the farming operation such as insect sprays and dusts.
F4835 \ N581 Conservation expenses | Costs incurred to conserve soil or water or to prevent erosion of land. These expenses must be consistent with a conservation plan approved by the Soil Conservation Service of the Dept. of Agriculture.
F4835 \ N582 Custom hire expenses | Amounts you paid for custom hire or machine work (the machine operator furnished the equipment). Do not include amounts paid for rental or lease of equipment you operated yourself.
F4835 \ N583 Employee benefit programs | Amounts contributed to fringe benefit programs you provide for your employees - accident or health plans; educational assistance; group-term life insurance, and dependent care assistance programs. Do not include contributions you made on your behalf.
F4835 \ N584 Feed purchased | The cost of feed for livestock. If you pay in advance for feed the livestock will consume in a later year, refer to IRS Pub 225 to see if you qualify to deduct the total advance payment for feed in the year paid.
F4835 \ N585 Fertilizers and lime | The cost of lime, fertilizers and other materials applied to farmland to enrich, neutralize or condition it and the costs of applying these materials. Refer to IRS Pub 225 for more information on prepaid farm supplies.
F4835 \ N586 Freight and trucking | Freight costs or the expense of trucking produce or livestock. Do not include freight costs for livestock purchased and held for resale.
F4835 \ N587 Gasoline, fuel, and oil | The costs of gas, fuel, oil, etc. for farm equipment.
F4835 \ N588 Insurance (other than health) | Premiums paid for fire, storm, crop, theft and liability protection of farm assets and premiums for health, accident, and worker's compensation insurance for your employees.
F4835 \ N589 Interest expense, mortgage | Interest paid to a financial institution on a mortgage on real property used in your farming business. If you paid interest on a debt secured by your main home, and any proceeds from that debt were used in your farming operation, refer to IRS Pub 225.
F4835 \ N590 Interest expense, other | Interest paid to a recipient other than a financial institution or on other loans related to the farm. Do not deduct interest you prepaid for later years.
F4835 \ N591 Labor hired | Reasonable wages paid for regular farm work, piecework, contract labor and other forms of labor hired to perform your farming operations. Do not include amounts you paid to yourself.
F4835 \ N602 Other expenses | The cost of other expenses directly related to your farm rental that may not be applicable to the other tax lines of Form 4835 (e.g., dues and subscriptions, advertising, legal and accounting, etc.).
F4835 \ N592 Pension/profit-sharing plans | Contributions you have made to any employee pension, profit-sharing, or annuity plan for this farm rental. Do not include amounts contributed for your own benefits (your SEP or Keogh).
F4835 \ N594 Rent/lease land, animals | Amounts paid to rent or lease property such as pasture or farm land.
F4835 \ N593 Rent/lease vehicles, equip. | The business portion of rental or lease payments for vehicles, machinery, or equipment. If renting or leasing a vehicle for 30 days or more, refer to IRS Pub 535 for inclusion amount information.
F4835 \ N595 Repairs and maintenance | Amounts paid for repairs/maintenance of farm buildings, machinery, equipment. Include tools of short life or minimal cost (eg., shovels or rakes). Repairs that increase the value or useful life or adapt the property to a different use are depreciated.
F4835 \ N596 Seeds and plants purchased | The amounts paid for seeds and young plants bought for further development and cultivation before sale.
F4835 \ N597 Storage and warehousing | Amounts paid as rent to store or warehouse crops, grains, etc.
F4835 \ N598 Supplies purchased | Amounts paid for incidental supplies or small tools having a useful life less than one year used in the farming operation. Other supplies could include stamps, stationery, farm magazines, and similar office supplies.
F4835 \ N599 Taxes | Real estate or personal property taxes paid on farm property such as equipment, animals, buildings, land. Also include your portion of employment taxes you pay for employees. Federal highway use tax paid on trucks or truck-tractors is deductible.
F4835 \ N600 Utilities | The cost of electricity, water, gas, etc., used in the farming operation. Do not include the cost of utilities for personal use or the base rate of the first telephone line into your residence.
F4835 \ N601 Vet, breeding, medicine | The costs of veterinary services, medicine and breeding fees are deductible when paid if you use cash basis accounting. If you use the accrual method, capitalize the breeding fees and allocate them to the cost basis of the foal, calf, etc.
F4952 \ N426 Investment interest expense | Amount of investment interest paid or accrued on a loan allocable to property held for investment (i.e., property that produces income from interest, dividends, annuities, or royalties; gains from disposition of property that produces income).
F6252 \ N432 Expenses of sale | Sales commissions, advertising expenses, attorney and legal fees, escrow fees, title insurance and other selling expenses (usually found on the closing statement) connected with the sale of the property. Do NOT include real estate taxes or interest.
F8815 \ N442 Qual. higher ed. expenses | Qualified higher education expenses include only tuition and fees required for enrollment or attendance of the eligible person(s). Do not include room and board.
F8829 \ N537 Deductible mortgage expense | Total mortgage interest paid for your home, in which an area or room is used regularly and exclusively for business. Complete Form 8829 to compute the deductible business portion of home mortgage interest.
F8829 \ N539 Insurance | Total insurance paid for your home, in which an area or room is used regularly and exclusively for business. Complete Form 8829 to compute the deductible business portion of home insurance.
F8829 \ N542 Other expenses | If you rent rather than own your home, include rent paid for your home, in which an area or room is used regularly and exclusively for business. Complete a Form 8829 to compute the deductible business portion of rent paid.
F8829 \ N538 Real estate taxes | Total real estate taxes paid for your home, in which an area or room is used regularly and exclusively for business. Complete Form 8829 to compute the deductible business portion of real estate taxes.
F8829 \ N540 Repairs and maintenance | Total repairs and maintenance paid for your home, in which an area or room is used regularly and exclusively for business. Complete Form 8829 to compute the deductible business portion of home repairs and maintenance.
F8829 \ N541 Utilities | Total utilities paid for your home, in which an area or room is used regularly and exclusively for business. Complete a Form 8829 to compute the deductible business portion of home utilities.
F8839 \ N618 Adoption fees | Reasonable and necessary adoption fees for the legal adoption of an eligible child under age 18, even if the adoption is unsuccessful. Your spouse's child, a surrogate child, or a foreign child are not eligible children.
F8839 \ N620 Attorney fees | Reasonable and necessary attorney fees you paid for the legal adoption of an eligible child, even if the adoption is unsuccessful. Your spouse's child, a surrogate child, or a foreign child are not eligible children.
F8839 \ N619 Court costs | Reasonable and necessary court costs you paid for the legal adoption of an eligible child, even if the adoption is unsuccessful. Your spouse's child, a surrogate child, or a foreign child are not eligible children.
F8839 \ N622 Other expenses | Other expenses you paid that are directly related to the legal adoption of an eligible child, even if the adoption is unsuccessful. Your spouse's child, a surrogate child, or a foreign child are not eligible children.
F8839 \ N621 Traveling expenses | Traveling expenses you paid that are directly related to the legal adoption of an eligible child, even if the adoption is unsuccessful. Include meals and lodging in your reasonable and necessary traveling expenses.
Home Sale \ N397 Cost of new home | The cost of your new home including cash, the amount of a mortgage or other debt, purchase expenses, the cost of capital improvements incurred within the replacement period (usually from 2 years before to 2 years after the date of sale).
Home Sale \ N394 Expense of sale | The total expenses you paid to sell your old home. These expenses include commissions, advertising, attorney and legal fees, title insurance, transfer and stamp taxes, and recording fees.
Home Sale \ N396 Fixing-up expenses | Fixing-up expenses (not capital improvements) paid to sell your old home. The work must be done during the 90-day period ending the day you signed the sales contract (not the listing contract) and paid no later than 30 days after the date of sale.
Sched A \ N280 Cash charity contributions | Donations by cash or check to religious, charitable, educational, scientific, literary, or philanthropic organizations. Obtain a written receipt from the charity when donating more than $250 at one time; a canceled check is not sufficient.
Sched A \ N484 Doctors, dentists, hospitals | Deductible medical service fees paid to doctors, dentists, surgeons; the cost of hospitalization and related fees (lab, therapy, etc.); medical insurance premiums paid. Only deduct actual out-of-pocket expenses less reimbursements. See IRS Pub 502.
Sched A \ N272 Gambling losses | Gambling losses are deductible as a miscellaneous deduction which is not subject to the 2% of AGI limitation. However, you can only deduct your gambling losses to the extent of gambling winnings you report as Other Income on Form 1040.
Sched A \ N545 Home mortgage int. (no 1098) | Interest you pay on a loan secured by your main home or a second home, but not paid to a financial institution or not reported to you on federal Form 1098, Mortgage Interest Statement.
Sched A \ N283 Home mortgage interest (1098) | Interest (or qualifying points) paid on a loan secured by your main home or a second home, including a mortgage, a second mortgage, a line of credit, and a home equity loan. Payments are reported to you on Form 1098, Mortgage Interest Statement.
Sched A \ N282 Investment management fees | Investment expenses are deductible as a miscellaneous deduction. These include investment fees, custodial fees, trust administration fees, and other expenses you paid for managing your investments that produce taxable income.
Sched A \ N544 Local income taxes | Local income taxes other than those withheld from your salary. (Assign local wage withholding to W-2 local tax withholding.) Include local income taxes you paid this year for a prior year.
Sched A \ N274 Medical travel and lodging | Amounts paid for transportation and lodging primarily for, and essential to, medical care provided by a doctor. Include mileage to and from doctor; taxi, ambulance; plane fare and lodging ($50 per night max per eligible person) to obtain medical care.
Sched A \ N273 Medicine and drugs | Amounts you pay for medicines and drugs that require a prescription by a doctor for yourself, spouse, children, or other qualifying dependent. Do not include the cost of over-the-counter medicines such as aspirin, cold remedies, vitamins.
Sched A \ N523 Misc., no 2% AGI limit | Other miscellaneous itemized deductions that are not reduced by 2% of adjusted gross income, such as federal estate tax on income in respect to a decedent, unrecovered investment in a pension, impairment-related work expenses of a disabled person.
Sched A \ N486 Misc., subject to 2% AGI limit | Examples: cost/upkeep of uniforms worn as a condition of employment, not worn away from work; union dues; job search expenses; education expenses; professional journal subscriptions. You may need to complete Form 2106, Employee Business Expenses.
Sched A \ N485 Non-cash charity contributions | The fair market value (FMV) of property donated to a charitable organization. If you donate used clothing, furniture, or appliances, the FMV is usually much less than your original cost.
Sched A \ N277 Other taxes | Other taxes paid not included under real estate or personal property taxes above. Example: foreign income and excess profits taxes. (These can be claimed as an itemized deduction or a credit against tax. Be sure to compare the tax savings.)
Sched A \ N535 Personal property taxes | Taxes based on the value of the personal property and charged on a yearly basis. Most common is the auto registration fees charged by the DMV. All or part of the fee that represents a charge based on the value of the vehicle is deductible.
Sched A \ N284 Points paid (no 1098) | If the loan is used to buy or improve your main home, you may be able to deduct the points in one year. Points paid to refinance your existing home loan must be deducted over the loan's life. Use this line for points not reported on Form 1098.
Sched A \ N276 Real estate taxes | State, local or foreign taxes paid on real property. Taxes must be based on the assessed value of the real property. Do not include taxes charged for local benefits and improvements that increase the property's value (assessments for streets, etc.).
Sched A \ N522 State estimated tax, qrtrly | The quarterly payments you make to your state taxing authority to cover the estimated tax due on income that is not subject to withholding (e.g., self-employment income, gains from sales of assets).
Sched A \ N275 State income taxes | State income taxes other than those withheld from your salary. (Assign state wage withholding to W-2 state tax withholding.) Include state income taxes you paid this year for a prior year.
Sched A \ N271 Subscriptions | Amounts paid for subscriptions to magazines or services that are directly related to the production or collection of taxable income. (e.g., subscriptions to investment publications, stock newsletters, etc.).
< Sched B \ N615 Fed tax w/h, dividend income | The amount of federal income taxes withheld from dividend income. This is usually reported on Form 1099-DIV.
< Sched B \ N616 Fed tax w/h, interest income | The amount of federal income taxes withheld from interest income. This is usually reported on Form 1099-INT.
Sched A \ N281 Tax preparation fees | Fees paid to a tax professional to prepare your federal and state tax returns. These fees can also include the cost of tax preparation software programs and tax publications. Include any fee you paid for electronic filing of your return.
Sched C \ N304 Advertising | Reasonable costs of advertising your trade or business in newspapers, publications, radio or television. Also include cost of brochures, business cards, or other promotional material. Do not include advertising costs incurred to influence legislation.
Sched C \ N305 Bad debts from sales/services | In order to take a bad debt deduction, you must show there was a true debtor-creditor relationship between you and the person who owes you money, the payments were previously included in income, the debt is worthless and steps were taken to collect.
Sched C \ N306 Car and truck expenses | Include the business portion of car or truck gas/oil, repairs, insurance, interest, taxes, tires, etc. Your tax software should compare these actual expenses to the standard mileage rate and calculate the larger allowable deduction.
Sched C \ N307 Commissions and fees | Fees or commissions paid to independent contractors (nonemployees) for services. Do not include any amounts already included as cost of goods sold. Remember, file Form 1099-MISC if you paid $600 or more to any individual during the year.
Sched C \ N309 Depletion | The only properties subject to depletion are oil or gas wells, exhaustible natural deposits and timber. This is a deduction for the amount the natural resource decreases annually over its productive life.
Sched C \ N308 Employee benefit programs | Fringe benefit programs you provide for employees, such as accident or health plans; disability or wage continuation plans; medical or dental reimbursement plans; child care benefits. Do not include amounts paid for your own benefits.
Sched C \ N310 Insurance, other than health | Premiums paid to protect the business against losses by fire, accident, theft, errors and omissions, malpractice, liability, business interruption. Deduct advance payments over the term covered by the policy, whether you are on cash or accrual basis.
Sched C \ N311 Interest expense, mortgage | Interest paid to a financial institution on real property used in your business for which you receive a Form 1098. If the interest is paid in advance, only the portion that applies to the current tax year may be deducted.
Sched C \ N312 Interest expense, other | Other interest paid on business indebtedness which is not mortgage interest paid to a financial institution. Include interest on loans to purchase the business. Only the portion of advance interest that applies to the current tax year is deductible.
Sched C \ N494 Labor, Cost of Goods | If you are a manufacturer or producer, include the cost of labor directly involved with manufacturing the finished product. Do not include amounts paid to yourself as salary or draw.
Sched C \ N298 Legal and professional fees | Ordinary and necessary fees (eg, accountant's fees, licenses) which are directly related to your trade or business. Legal fees you paid to acquire business assets are added to the basis of the property and recovered using depreciation or amortization.
Sched C \ N495 Materials/supplies, COGS | If you are a manufacturer or producer, include the cost of materials and supplies that are used in manufacturing the goods, but not the raw materials for the product. Examples would be hardware, chemicals, etc.
Sched C \ N294 Meals and entertainment | Ordinary and necessary business-related meal and entertainment expenses to entertain a client, customer, or employee. 50% of these expenses are deductible. This area is closely scrutinized by the IRS. Refer to IRS Pub 463. Keep detailed records.
Sched C \ N313 Office expenses | The cost of consumable office supplies such as stationery, pens, pencils, computer supplies, etc. Include cost of postage stamps, business cards, UPS and Federal Express charges, rental of postal box or postage machines.
Sched C \ N302 Other business expenses | The cost of other expenses directly related to your trade or business that may not be applicable to the other tax lines of the Schedule C (e.g., dues and subscriptions, credit and collections costs, samples, bank and credit card fees).
Sched C \ N496 Other costs, COGS | These are any other costs directly related to creating the salable product. This could include the costs for containers, freight-in, overhead expenses, packaging.
Sched C \ N314 Pension/profit sharing plans | Amounts paid as contributions to a qualified pension, profit-sharing, or annuity plan for your employees. Amounts you contribute for yourself are included under Form 1040, Keogh Deduction.
Sched C \ N493 Purchases, Cost of Goods | A manufacturer or producer includes the cost of all raw materials or parts purchased for manufacture into a finished product. A resaler includes all merchandise bought for sale. Do not include merchandise you withdrew for personal use.
Sched C \ N300 Rent/lease other bus. prop. | Lease payments for real estate or property (office, building, warehouse) used in your trade or business. Advance lease payments which cover more than a year must be prorated. Taxes you pay on leased property are deductible.
Sched C \ N299 Rent/lease vehicles, equip. | Rent you pay to lease vehicles, machinery or equipment used in your trade or business. If you lease a car for 30 days or more for use in your business, read the IRS publications 535 and 917 for more information.
Sched C \ N315 Repairs and maintenance | Costs incurred to maintain business property in ordinary and efficient operating condition. Include parts and labor. If repairs materially add to the value of the property or prolong its life, deduct the costs over a period of time as depreciation.
Sched C \ N296 Returns and allowances | Credits you allow customers for returned merchandise and any other allowances you make on sales. These are deducted only if they were originally included in income.
Sched C \ N301 Supplies (not from COGS) | The cost of incidental materials and supplies (such as cleaning fluids, small tools, wrapping materials, etc.) used in your trade or business during the tax year.
Sched C \ N316 Taxes and licenses | Real estate and personal property taxes imposed on business property. Include your share of employment taxes paid on behalf of your employees, business licenses, sales permits, Public Utility Commission (PUC) licenses, etc.
Sched C \ N317 Travel | Ordinary and necessary business expenses for travel away from your tax home. Do not include meals and entertainment here. Include transportation between your home and business destination, lodging, taxi, tips, cleaning and laundry, etc.
Sched C \ N318 Utilities | The costs you pay to heat, light, and power your business property. Include also telephone charges for monthly service and long distance business calls.
Sched C \ N297 Wages paid | Ordinary and necessary salaries, wages, and other compensation for services you pay to employees who are directly connected to your trade or business. Do not include amounts paid to yourself as salary or draw.
Sched E \ N328 Advertising | Amounts you have paid to advertise your rental unit(s) in newspapers or other media or paid to realtors to obtain tenants.
Sched E \ N329 Auto and travel | Car and truck expenses you incur to manage your rental or royalty property. Deduct the business portion of operating your car or truck - gas/oil, repairs, insurance, interest, taxes, tires, etc., or take the standard mileage rate per business mile.
Sched E \ N330 Cleaning and maintenance | Expenses paid for cleaning services (carpet, drapes), cleaning supplies, pest control, pool service, locks and keys and general cost of upkeep of the rental property.
Sched E \ N331 Commissions | Commissions paid to realtors or management companies to collect rent. However, commissions paid to secure long-term rentals must be deducted over the life of the lease. Do not include salaries paid to employees.
Sched E \ N332 Insurance | Premiums paid for fire, theft, liability, worker's compensation, business interruption insurance. If your premium pays for insurance which covers more than one year, deduct the part of the premium payment that applies to this year.
Sched E \ N333 Legal and professional fees | Legal and accounting fees that are directly connected to the rental property, including fees for legal advice to evict a tenant, fees paid to a bookkeeper, or tax advice and preparation of tax forms related to your rental or royalty property.
Sched E \ N502 Management fees | The fees you pay to a manager or property management company to oversee your rental or royalty property. Often the fee is a percentage of the gross receipts collected.
Sched E \ N334 Mortgage interest expense | Interest paid to a financial institution for a mortgage on the rental property, reported on Form 1098. Construction period interest must be added to the basis and depreciated. Expenses and fees for securing loans are nondeductible capital expenses.
Sched E \ N341 Other expenses | Other expenses that do not appropriately match the other tax lines on the Schedule E. Examples might include the cost of gardening and/or snow removal services, association dues, bank charges, etc.
Sched E \ N335 Other interest expense | Interest paid on other indebtedness directly related to the rental property. This could include interest on a loan you took out and used the proceeds for your rental or royalty property.
Sched E \ N336 Repairs | Incidental repair costs that are ordinary and necessary to maintain the property in safe rentable condition (painting, roof repairs, plumbing, electricity, etc.). Repairs that increase the value or useful life of the rental property are depreciated.
Sched E \ N337 Supplies | Items you need to help maintain the property: cleaning supplies, nails, paint brushes, brooms, etc.
Sched E \ N338 Taxes | Real estate taxes and personal property taxes. Do not include special assessments that are paid for paving, sewer, or local improvements which must be added to basis. Also include your portion of any payroll taxes you pay for your employees.
Sched E \ N339 Utilities | The cost of electricity, water, gas, telephone, trash disposal for your rental property that is paid by you.
Sched F \ N543 Car and truck expenses | Include the business portion of car or truck gas/oil, repairs, insurance, interest, taxes, tires, etc. Your tax software should compare these actual expenses to the standard mileage rate and calculate the larger allowable deduction.
Sched F \ N366 Chemicals | Chemicals used in your farming operation such as insect sprays and dusts.
Sched F \ N362 Conservation expenses | Costs incurred to conserve soil or water or to prevent erosion of land. These expenses must be consistent with a conservation plan approved by the Soil Conservation Service of the Dept. of Agriculture.
Sched F \ N378 Cost of resale livestock/items | The cost or other basis of the livestock and other items you actually sold.
Sched F \ N367 Custom hire expenses | Amounts you paid for custom hire or machine work (the machine operator furnished the equipment). Do not include amounts paid for rental or lease of equipment you operated yourself.
Sched F \ N364 Employee benefit programs | Amounts contributed to fringe benefit programs you provide for employees - accident or health plans; educational assistance; group-term life insurance, and dependent care assistance programs. Do not include contributions you made on your behalf.
Sched F \ N350 Feed purchased | The cost of feed for your livestock. If you pay in advance for feed your livestock will consume in a later year, refer to IRS Pub 225 to see if you qualify to deduct the total advance fee in the year paid.
Sched F \ N352 Fertilizers and lime | The cost of lime, fertilizers and other materials applied to farmland to enrich, neutralize or condition it and the costs of applying these materials. Refer to IRS Pub 225 for more information on prepaid farm expenses.
Sched F \ N361 Freight and trucking | Freight costs or the expense of trucking produce or livestock. Do not include freight costs for livestock purchased and held for resale. These costs are added to the basis of the livestock which is used to determine the amount of capital gain or loss.
Sched F \ N356 Gasoline, fuel, and oil | The costs of gas, fuel, oil, etc. for farm equipment.
Sched F \ N359 Insurance, other than health | Premiums paid for fire, storm, crop, theft and liability protection of farm assets. Do not include amounts credited to a reserve for self-insurance or premiums paid for a policy that pays for your lost earnings due to sickness or disability.
Sched F \ N346 Interest expense, mortgage | Interest paid to a financial institution on a mortgage on real property used in your farming business. If you paid interest on a debt secured by your main home, and any proceeds from that debt were used in your farming operation, read IRS Pub 225.
Sched F \ N347 Interest expense, other | Interest paid to a recipient other than a financial institution or on other loans related to the farm. Do not deduct interest you prepaid for later years.
Sched F \ N344 Labor hired | Reasonable wages paid for regular farm work, piecework, contract labor and other forms of labor hired to perform your farming operations. Do not include amounts you paid to yourself.
Sched F \ N365 Other farm expenses | The cost of other expenses directly related to your farm that may not be applicable to the other tax lines of the Schedule F (e.g., dues and subscriptions, advertising, legal and accounting, etc.).
Sched F \ N363 Pension/profit sharing plans | Contributions you have made to any employee pension, profit-sharing, or annuity plan for this farm. Do not include amounts contributed for your own benefits (your SEP or Keogh).
Sched F \ N348 Rent/lease land, animals | Amounts paid to rent or lease property such as pasture or farm land.
Sched F \ N349 Rent/lease vehicles, equip. | The portion of rental or lease payments for vehicles, machinery, or equipment used in your farm. If renting or leasing a vehicle for 30 days or more, refer to IRS Pub 535 for inclusion amount information.
Sched F \ N345 Repairs and maintenance | Amounts paid for repairs/maintenance of farm buildings, machinery, equipment. Include tools of short life or minimal cost (eg., shovels or rakes). Repairs that increase the value or useful life or adapt the property to a different use are depreciated.
Sched F \ N351 Seeds and plants purchased | The amounts paid for seeds and young plants bought for further development and cultivation before sale.
Sched F \ N357 Storage and warehousing | Amounts paid as rent to store or warehouse crops, grains, etc.
Sched F \ N353 Supplies purchased | Amounts paid for incidental supplies or small tools having a useful life less than one year used in the farming operation. Other supplies could include stamps, stationery, farm magazines, and similar office supplies.
Sched F \ N358 Taxes | Real estate or personal property taxes paid on farm property such as equipment, animals, buildings, land. Also include your portion of employment taxes paid for employees. Federal highway use tax paid on trucks or truck-tractors is deductible.
Sched F \ N360 Utilities | The cost of electricity, water, gas, etc., used in your farming operation. Do not include the cost of utilities for personal use or the base rate of the first telephone line into your residence.
Sched F \ N355 Vet, breeding, and medicine | The costs of veterinary services, medicine and breeding fees are deductible when paid if you use cash basis accounting. If you use the accrual method, capitalize the breeding fees and allocate them to the cost basis of the foal, calf, etc.
Sched H \ N567 Cash wages paid | Total cash wages of $1,000 or more paid to each employee during the year. Refer to the IRS instructions for Household Employers (Schedule H) for exceptions to the $1,000 test.
Sched H \ N568 Federal tax withheld | Any Federal income tax withheld from total cash wages paid to household employees during the year.
W-2 \ N461 Federal tax withheld, self | The amount of federal income taxes withheld from your wages. (Use the line 'Federal tax withheld, spouse' below for your spouse's federal tax withholding.)
W-2 \ N507 Federal tax withheld, spouse | The amount of federal income taxes withheld from your spouse's wages.
W-2 \ N463 Local tax withheld, self | The amount of local taxes withheld from your wages. (Use the line 'Local tax withheld, spouse' below for your spouse's local tax withholding.)
W-2 \ N509 Local tax withheld, spouse | The amount of local taxes withheld from your spouse's wages.
W-2 \ N480 Medicare tax withheld, self | The amount of Medicare taxes withheld from your wages. (Use the line 'Medicare tax withheld, spouse' below for your spouse's Medicare tax withholding.)
W-2 \ N510 Medicare tax withheld, spouse | The amount of Medicare taxes withheld from your spouse's wages.
W-2 \ N462 Soc. Sec. tax withheld, self | The amount of social security taxes withheld from your wages. (Use the line 'Soc. Sec. tax withheld, spouse' below for your spouse's social security tax withholding.)
W-2 \ N508 Soc. Sec. tax withheld, spouse | The amount of social security taxes withheld from your spouse's wages.
W-2 \ N464 State tax withheld, self | The amount of state taxes withheld from your wages. (Use the line 'State tax withheld, spouse' below for your spouse's state tax withholding.)
W-2 \ N511 State tax withheld, spouse | The amount of state taxes withheld from your spouse's wages.
W-2G \ N550 Federal tax withheld | The amount of federal income taxes withheld from gross gambling winnings.
W-2G \ N551 State tax withheld | The amount of state income taxes withheld from gross gambling winnings.