We can prepare most returns with:

• Wages, interest, dividends, capital gains/losses, unemployment compensation, pensions and other retirement income, Social Security benefits.

• Self-employment income, with limits.

• Most income reported on Form 1099-MISC. or Form 1099-NEC.

• Schedule K-1 that includes only interest, dividends, capital gains/losses or royalties.

• Charitable cash contributions

• Qualified Business Income deduction.

• Economic Impact Payments (aka Stimulus Payments)

• Itemized deductions, including noncash contributions to charity that total no more than $5,000.

• Cancellation of nonbusiness credit card debt.

• IRA contributions — deductible or not.

• Most credits, such as earned income credit, education credits, child/additional child credit and credit for other dependents, child/dependent care credit, premium tax credit, simplified method foreign tax credit, self-employed sick leave or family leave credit, and retirement savings credit.

• Repayment of first-time homebuyer credit.

• Estimated tax payments.

• Injured spouse allocation, depending on state.

• Health Savings Accounts (HSA).

• Amendments to filed returns.

• Prior three tax years’ returns.

We can’t prepare returns with:

• Self-employment if there are employees, losses, expenses that exceed $35,000, depreciation, business use of home, 1099 filing requirements or other complicating factors.

• Hobby income or other activities not for profit

• Complicated capital gains/losses, such as futures or options.

• Complicated Schedule K-1.

• Rental income, except land-only rentals or rentals of personal residence less than 15 days.* • Royalty income with expenses if not from self-employment.

• Tax on a Child’s Investment and Other Unearned Income (Kiddie Tax).

• Farm income or expenses.

• Moving expenses.*

• Some investment income or itemized deductions that are not included in our training. • Alternative Minimum Tax, Additional Medicare Tax, or Net Investment Income Tax.

• Foreign financial asset reporting requirements.

• Any virtual currency investment or transaction.

• Rental or moving: A volunteer can prepare returns for active duty military personnel only when the preparing volunteer is certified in the military module and another volunteer is certified to review military returns.