Form Instructions 1040 (Schedule C) for Franklin Ohio 2023-2024

Form Instructions 1040 (Schedule C) for Franklin Ohio: What You Should Know

Dec 31, 2024 — Enter the total of all income, from reverse of tax form (worksheet B). Attach Schedule F (Schedule D, G1, H₁ or I1). See: Ohio Individual Forms Form 4641 (Form 4641A). Dec 31, 2024 — Enter the total of all income for which you received a tax credit (worksheet C or D) in 2015. See : Ohio Individual Forms Form 8973 (Form 8973A). Dec 31, 2024 — Enter your tax credit (worksheet E or F). For more information see: Ohio Individual Forms 4641 (Form 4641A). Dec 31, 2024 — Enter the amount of money you made or had to withdraw from retirement accounts (the amount may be an amount to which you didn't pay taxes, or you might have received as a tax refund). You received a federal income tax credit for the amount paid into, or you paid to any retirement savings account in 2015. See IRS Form 8903, “Credit for Amount Paid into Social Security” (Form 8903). Dec 31, 2024 — Enter income for which Social Security had paid for your incapacity retirement or other retirement benefit, to which you are entitled as a former employee, pension provider (in any form), or the Federal Government for which you are an employee. Use the amount which you could qualify for under the old retirement plans only and only if the amount could be reduced to zero under the new plans due to the age and length of your service. For more information see: Ohio Individual Forms 4641 (Form 4641A). May 24, 2024 — Enter the amount of money you received from a plan to which you are enrolled. See : Ohio Individual Forms 4641 (Form 4641A) Deductions, Payments, and Interest Dec 31, 2024 — Enter your taxable interest, from the interest on cash or other property that was received in 2024 and earlier, and from the interest that you paid earlier. Dec 31, 2024 — Enter the amount of interest that you paid to redeem a note for which you have an eligible payment date. Dec 31, 2024 — Enter the amount of your capital gain realized on the sale or exchange of property other than an interest. See : Ohio Individual Forms 4651, 4657, 4040A & 4040B.

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