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 Form 8959 2015

8959 2015-2025 Form

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Quick guide on how to complete form 8959

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Video instructions and help with filling out and completing Form 8959

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Instructions and help about Form 8959

schedule 2 is another form that was birthed in the postcard era of tax back in 2018 this is where you'll input any taxes you owe in addition to your ordinary income taxes so if you're self-employed you'll have this schedule included in your tax return every year because this is where your self-employment tax amount will show up now there's no major difference between part one tax and part two other taxes the only difference is where the amounts show up on form 1040 I love my job so starting at the top with the Alternative Minimum Tax this is sometimes called the AMT and this places a floor on the percentage of taxes that a filer must pay to the government no matter how many credits or deductions they claim the AMT uses a separate set of rules to calculate taxable income after allowed deductions certain deductions are added back to the taxpayer's income so if your income is above a certain threshold you might end up with an amount of AMT that you

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