Guide to Entering 1040 Tax Data

Type of Income

Where to Enter

W-2

W-2

Substitute W-2 (Form 4852)

F9 on EIN entry of new, blank W-2

W-2G (Gambling income)

W-2G

W-2GU (Guam W-2)

W-2GU

Income from Foreign Employer with no EIN not reported on W2

FEC (Foreign Employer Compensation)

K-1

K-1 P/S (Partnership/S Corp) or K-1 E/T (Estates and Trusts)

1099-R

Form 1099-R

CSA 1099-R

Form 1099-R

RRB 1099-R

Form 1099-R

Substitute 1099-R (Form 4852)

F9 on Payer’s ID entry of new, blank 1099-R

Unemployment Compensation, Repayment, Withholding

1099-G

Tips not on W-2

Form 4137

Scholarship not on W-2

1040 Worksheet 1

Household Employee income not on W-2

1040 Worksheet 1

1099-B Stocks, bonds (box 2)

Form 8949 or Capital Gain/Loss Worksheet (F9 on Schedule D to open)

1099-DIV Dividend Income (Boxes 1a, 1b & 2a. Other boxes, see IRS instructions.)

Schedule B or Dividend Statement (F9 in Dividend section on Sch B to open statement)

1099-INT Interest Income

Schedule B or Interest Statement (F9 in Interest section on Sch B to open statement)

1099-OID

Interest Statement

1099-SSA

1040 Worksheet 1

Rental income

Schedule E for first 3 properties; Sch E Duplicate for 4th and more

1099-MSA

Form 8853

State Tax Refund

F9 on Schedule 1, line 1 for Worksheet

Social Security/RR Tier 1

1040 Worksheet 1; carries to 1040 line 6a

Lump Sum SS/RRT

1040 Worksheet 1; F9 for prior year worksheet

Sale of Home

Sch D Worksheet 2 (bottom)

 

1099-Miscellaneous

Link to 1099-Misc from the following lines:

Rents

F9 on Schedule E, line 3

Royalties

F9 on Schedule E, line 4

Prizes

F9 on 1040, worksheet 7

Fish Boat

F9 on Sch C, line 1

Medical Payments

F9 on Sch C, line 1

Substitute Payments

F9 on 1040, worksheet 7

Crop Insurance

F9 on Sch F, line 6a

Employee treated as an independent contractor

Form 8919

 

1099-NEC

Link to 1099-NEC from the following lines:

If self-employed

F9 on Sch C, line 1

If hobby

F9 on 1040, worksheet 7

 

Adjustments to Income

Enter on this form in TaxWise

Educator Expenses

1040 Wkt 2

Health Savings Acct Contribution/Distribution

Form 8889

Moving Expense (for Armed Forces members only)

Form 3903

Self-Employment Tax

Calculated by TaxWise on Sch SE

SE SEP, SIMPLE and Qualified Plans

F9 on Schedule 1, line 16 for worksheet

Self-Emp Health Ins. Deduction

F9 on Schedule 1, line 17 for worksheet

Penalty on Early Withdrawal of Savings

Interest Statement (F9 in Interest section on Sch B to open stmt)

Alimony Paid

Schedule 1, line 19; F9 for Worksheet

IRA Contributions

IRA Worksheet

Student Loan Interest Paid

1040 Worksheet 2

Archer MSA Contributions

Form 8853

 

Deductions

Enter on this form in TaxWise

Medical Expenses/Miles

Schedule A Detail

Charitable Contribution/Miles

Schedule A Detail

Noncash Contribution over $500

Form 8283

State and Local Income Taxes

Carry from W-2, W-2G, 1099G, 1099R, F/S Tax Pd to Sch A

State Sales Tax

Schedule A

Casualty & Theft Losses:

Personal
Business

 

Form 4684, page 1
Form 4684, page 2

Depreciation, Amortization Business Asset Sales

Link from form to which asset applies (Sch C, F, E, etc.) to Form 4562, then link to Asset Worksheet

Schedule C Business Use of Home

F9 on Sch C, line 30, to Form 8829

Excluded income from Puerto Rico

Main Info

Excluded income for Residents of American Samoa

Form 4563

1098 Mortgage Interest

For Residence

For Home Used in Business

For Home Used in Business (for qualifying performing artists, fee-basis officials, and Armed Forces reservists only)

For Home Used for Part Rental/Part Personal

1098 Points (box 2)

Schedule A

Form 8829. Remainder carries to Sch A (F9 on Sch c, line 30, to Form 8829)

F9 on Form 2106, line 4 for worksheet

F9 on Sch E for worksheet

Schedule A; if amortizing, link (F9) on Sch A, line 8c to Asset Worksheet

 

Credits

Enter on this form in TaxWise

Foreign Tax Credit

Form 1116

Child and Dependent Care Credit

Form 2441

Elderly or Disabled Credit

TaxWise calculates on Schedule R

Education Credits (American Opportunity, Lifetime Learning)

Form 8863

Retirement Savings Contribution Credit

Form 8880

Child Tax Credit

Schedule 8812

Adoption Credit

Form 8839

Residential Energy Credit

Form 5695

First-Time Homebuyer Credit

Form 5405

 

Payments

Enter on this form in TaxWise

Withholding

Carries from W-2, W-2G, 1099-R, F/S Tax Paid

Federal/State Estimated Tax Payments

F/S Tax Paid (Federal Estimate/State Payments Worksheet)

Amount applied from prior year return

F/S Tax Paid (Federal Estimate/State Payments Worksheet)

Earned Income Credit

TaxWise Calculates on EIC Worksheet

Additional Child Tax Credit

TaxWise Calculates on Form 8812

First-Time Homebuyer Credit

Form 5405

Amount Paid w/4868 or 2350

1040 Worksheet 3