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Study Tax Class With Me | Intuit Academy Tax Course | Learning Journey 30 | Part 2

#learningjourney30 #IntuitAcademyTax #StudyTaxClassWithMe Schedule 1: Taxpayers use this form to report several additional income sources or adjustments to income Schedule 2: Taxpayers use this two-part form to report additional taxes Schedule 3: This form is for reporting additional credits and payments and is divided into two parts Schedule A: Taxpayer s use this form to enter all itemized deductions Schedule B: This form is used to report interest and dividend income that is greater than $1,500, Schedule C: Taxpayers use this form to report profit or loss from business Schedule D: This form is used for reporting capital gains and losses from investments. Schedule E: Taxpayers with income or losses from rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, or other pass-through entities Schedule F: Farmers use this form to report income and expenses from farming. Schedule H: This form is used by taxpayers with household workers, such as a nanny or caretakers. Schedule J: This form is used by farmers and fishermen who choose to figure their income tax by averaging their three previous years' worth of taxes to distribute tax liability more evenly. Schedule R: Taxpayers use this form to claim senior or disability tax credits. Schedule SE: This form is used to calculate self-employment tax for business owners or independent contractors who make a profit of $400 or more. Schedule 8812: This form is used to calculate both refundable and nonrefundable credits for Qualifying Children and Qualifying Relatives.