IF YOU HAVE MOVED since your last tax-filing:


IF YOU
CAN’T BE READY TO FILE BY APRIL 15:

  • Request an “Extension of time to FILE” 2018 Tax Returns: IRS Form 4868 
  • Download form at https://www.irs.gov/pub/irs-pdf/f4868.pdf
  • Approval is automatic; new deadline will be Oct. 15, 2019.
  • Must be Postmarked no later than April 15, 2019


IF YOU CAN’T BE READY TO PAY BY APRIL 15:
If you can be ready to file on time, but will owe more taxes than you can pay:







​● (BEST OPTION)

File your return before the deadline (eliminates late-filing penalty) and

Enclose as much as you are able to pay

  • This downgrades your penalty from “Failure to Pay” to “Underpayment.”
  • IRS will contact you to arrange a monthly payment plan

● (if applicable)
Request an “Extension of time to PAY
 Due to Financial Hardship”  IRS Form 1127
Download form at
https://www.irs.gov/pub/irs-pdf/f1127.pdf
Must be Postmarked no later than April 15, 2019.   Approval is NOT automatic.

                          TAX FORMS AND SCHEDULES


FORM 1040 - “2018 INDIVIDUAL TAX RETURN” HAS CHANGED!


FORM 1040 now has
SIX (6) “SCHEDULES” to be filled-out IF APPLICABLE
SCHEDULE 1 (Form 1040)

SCHEDULE 2 (Form 1040)
Tax: 
https://www.irs.gov/pub/irs-pdf/f1040s2.pdf

  • Alternative Minimum Tax; Excess Advance Premium Tax Credit Repayment 

SCHEDULE 3 (Form 1040)
Nonrefundable Credits:
https://www.irs.gov/pub/irs-pdf/f1040s3.pdf

  • Foreign Tax Credit.
  • Credit for Child and Dependent Care Expenses
  • Education Credits
  • Retirement Savings Contributions Credit
  • Residential Energy Credit

SCHEDULE 4 (Form 1040)
Other Taxes:  
https://www.irs.gov/pub/irs-pdf/f1040s4.pdf

  • Self-Employment Tax
  • Unreported social security and Medicare
  • Additional Tax on IRAs, other Qualified Retirement Plans, and other Tax-Favored Accounts
  • Household Employment Taxes
  • Repayment of First-Time Homebuyer Credit
  • Health care: Individual

SCHEDULE 5 (Form 1040)
Other Payments and Refundable Credits: 
https://www.irs.gov/pub/irs-pdf/f1040s5.pdf

  • 2018 estimated tax payments and amount applied from 2017 return
  • Net Premium Tax Credit
  • Amount paid with request for extension to file
  • Excess Social Security and Tier 1 RRTA Tax Withheld
  • Credit for Federal Tax on Fuels.​

SCHEDULE 6 (Form 1040)

ITEMIZED Deductions – SCHEDULE-A  
Schedule-A
HAS CHANGED 
Some deductions are restricted; some others are eliminated.


“PROFIT or LOSS from BUSINESS” – SCHEDULE-C
Schedule-C
HAS CHANGED    


EXPENSES for BUSINESS USE of Your HOME – FORM 8829

Click Here to visit
Dan Pilla's site

​                                  HELPFUL IRS PUBLICATIONS

“EMPLOYER’S TAX GUIDE” – IRS Publication 15 (Circular E)


“HOUSEHOLD EMPLOYER’S TAX GUIDE” – IRS Publication 926


“TAX RULES for EMPLOYING CHILDREN and DEPENDENTS” -- IRS Pub 929   

“TAX PREP RESOURCE CENTER”
to HELP you PREPARE Your
2018 TAX RETURNS

Click on image for
​Excellent 4-min video by
​#1 IRS expert Dan Pilla

​                                            VERY IMPORTANT FAQ’s

● What will 2018 Tax-Return AUDITS be FOCUSED On?

(1) Multiple Years of Schedule-C LOSSES

(2) Missing or Incomplete RECORDS to Support Deductions Claimed


● “WINDFALL Tax-Savings APPROVED for Small-Business Owners”

  • Immediate-Download PDF version; PRINTED edition, or BOTH: Click HERE


● Have You FORGOTTEN to CLAIM any TAX DEDUCTIONS?

  • Download Your FREE “2018 Tax Deduction Memory Jogger”  Click HERE


● Need a TAX PRO to Help with your 2018 Tax Return? Click HERE
 
● Need a PRIVATE CONSULTATION with Dr. Ron Mueller? Click HERE

● Need Help with a CURRENT IRS ISSUE? Click HERE