edenfalling: stylized black-and-white line art of a sunset over water (Default)
[personal profile] edenfalling
Okay, I have found the thing I hate more than EIC due diligence reports, and it is ACA tax exemption and Advanced Premium Tax Credit forms.

For reference, my textbook basically threw up its hands and said, "This is bullshit, here are the questions to ask, let the computer program do all the looking up stuff and calculations because otherwise you will go CRAZY," and consequently didn't provide any instructions for the forms. And then of course we had to do the forms by hand for a case study. Without instructions. *headdesk* Fortunately the IRS has a website where you can find .pdfs of everything and the kitchen sink.

Also also that same case study was flat WRONG in several ways, because they corrected one error in the workbook (a duplicate 1099-INT form instead of the fictitious taxpayer's W-2 form) and then forgot to correct the different but related error on the partially-completed 1040A form (usually the AGI is filled in as a 'helpful hint'), which bizarrely did not count the interest from that 1099-INT as income and was therefore screwy from line 21 onward. *double headdesk*

But hey, I found the error and I did the damn thing right, all the way through. And I beat the second case study as well, for which I had to print out about seven different forms because the course makers forgot to put them into the workbook for us. *triple headdesk*

I think the poor instructor is going to have a lot of questions and clarifications to deal with tomorrow.

(...The dependent child care credit forms are also a headache, but compared to the health insurance stuff? Peanuts.)

((I am starting to talk in tax jargon. This worries me slightly.))

Profile

edenfalling: stylized black-and-white line art of a sunset over water (Default)
Elizabeth Culmer

July 2025

S M T W T F S
  1 2345
6789101112
13141516171819
20212223242526
2728293031  

Tags

Expand Cut Tags

No cut tags