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Form 1040 PR Fill in Version

Form 1040 PR Fill in Version

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What is a W-9 tax form? What is a W-9 tax form?

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Instructions and help about Form 1040 PR Fill in Version

okay for this video i wanted to cover the irs form 1040 schedule 3. so schedule 3 is for additional credits and payments uh this schedule is attached to your form 1040 1040sr or 1040 nr for a non-resident return so i just want to go through each line item at a high level kind of discussion point out when you might need to you know complete these fields and what additional forms the schedules might be required to be attached to the um the tax return itself so we start at the top uh part one non-refundable credits okay so non-refundable credits meaning that these are tax credits that can offset your tax liability but you can't be refunded in the sense that if the non-refundable credit exceeds your liability you'll get actual cash back uh from the federal government right so it's a dollar for dollar offset but it can't be in excess of zero to get your money back so starting at the top line one for the foreign tax credit uh the 11 16. so if you so you as a u

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