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Tax Glossary
What Is “ Scholarship income ”?
Scholarship income is financial aid awarded to a student to help pay for their education. For federal tax purposes, the...
Tax Glossary
What Is “Schedule SE”?
What Is “Schedule SE”? Schedule SE is the tax form used by self-employed individuals to calculate the Social Security and...
Tax Glossary
What Is “ Schedule K-1 ”?
Schedule K-1 is an IRS tax form used to report your share of the incomes, losses, deductions, and credits from...
Tax Glossary
What Is “Schedule F”?
What Is “Schedule F”? Schedule F is the tax form used by individual taxpayers, trusts, and estates to report profit...
Tax Glossary
What Is “Schedule E”?
What Is “Schedule E”? Schedule E is a supplemental tax form used by U.S. taxpayers to report income or losses...
Tax Glossary
What Is “Schedule D”?
What Is “Schedule D”? Schedule D is a supplemental tax form used by U.S. taxpayers to report capital gains and...
Tax Glossary
What Is “Schedule C”?
What Is “Schedule C”? Schedule C is a tax form used by sole proprietors and freelancers to report the profit...
Tax Glossary
What Is “Schedule B”?
What Is “Schedule B”? Schedule B is a supplemental tax form used to report taxable interest and ordinary dividends to...
Tax Glossary
What Is “Schedule A”?
What Is “Schedule A”? Schedule A is a specific tax form used by U.S. taxpayers to “itemize” their deductions instead...
Tax Glossary
What Is “Schedule 8812”?
What Is “Schedule 8812”? Schedule 8812 is an IRS tax form used to calculate the Child Tax Credit (CTC), the...