Form 1040-Individual: Meaning of line 7 abbreviations SureFire
If the client has taxable scholarship income and/or household employee income not reported on Form W-2, enter it on 1040 Worksheet 1.
SureFire selects the applicable check boxes on this line if any of the following apply:
AB (Adoption Benefits) - Line 7 includes taxable employer-provided adoption benefits from Form 8839, page 2, line 31.
FB (Fringe Benefits) - Fringe benefits [SureFire does not calculate this check box]
DCB (Dependent Care Benefits) - Line 7 includes taxable employer-provided dependent care benefits from Form 2441.
SNE (Special Needs (from an adoption)) - Line 7 has been reduced by the amount of the exclusion for adopting a special needs child from Form 8839, page 2, line 31.
SSHIP (Scholarship income) - Line 7 includes taxable scholarships not on Form W-2.
Additional Information
Para obtener la versin en espaol de este artculo de Knowledge Base, haga clic aqu:Formulario 1040-Individual: Significado de las abreviaturas de la lnea 7 SureFire.
Tags: federal,form