Tax, Tips & Traps

Recapture taxes, such as first-time home buyer tax, forgiven to decedent; spouse continues paying his or her half. Self-employment tax, if net self-employment earnings were $400 or more, or, Wages from services performed as a church employee were $108.25 or more. Special Taxes on a Stand-Alone Form if the 1040 not otherwise required: ................
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