US Federal Income Tax Taxation (Individual) (Form 1040)

• Processing of income and adjusting income
• Processing tax and credits
  • Standard deductions
  • Itemized deductions
  • Alternative Min. Tax
  • Other credits
• Processing of refunds
• Processing of schedule A-Itemized Deductions
• Processing of schedule B-Interest and ordinary dividends
• Processing of schedule C-Profit or loss from business (Sole proprietorship )
• Processing of schedule D-Capital gains and losses
• Processing of schedule E-Supplemental income and loss
• Processing of schedule F-Profit and loss from farming
• Processing of schedule H-House Hold employers
• Processing of schedule SE-Self employment tax
• Processing of schedule R-Credit for the elderly or the disabled