In this article, we will learn how to report the Social Security tax deduction and other taxes on your Form 1040. We will cover the following subtitles:
Deductions on W-2 and 1099 Income
In this section, we will learn how to report the federal income tax withheld from your W-2 and 1099 income.
Earned Income Tax Credit
In this section, we will learn how to report the Earned Income Tax Credit on Form 1040.
Additional Child Tax Credit
In this section, we will learn how to report the Additional Child Tax Credit on Form 1040.
American Opportunity Tax Credit
In this section, we will learn how to report the American Opportunity Tax Credit on Form 1040.
Estimated Tax Payments
In this section, we will learn how to report estimated tax payments on Form 1040.
Net Investment Income Tax
In this section, we will learn how to report the Net Investment Income Tax on Form 1040.
Amount Paid with Extension Request
In this section, we will learn how to report the amount paid with your extension request on Form 1040.
Additional Social Security Tax
In this section, we will learn how to report the Additional Social Security Tax on Form 1040.
Fuel Tax Credit
In this section, we will learn how to report the federal Fuel Tax Credit on Form 1040.
Total Amounts Paid
In this section, we will learn how to calculate the total amounts paid and report them on Form 1040.
Frequently Asked Questions (FAQs)
In this section, we will answer some frequently asked questions about reporting the Social Security tax deduction and other taxes on Form 1040.
Source: https://www.thebalancemoney.com/tax-payments-3193145
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