Frank DiPaola, EA

Frank DiPaola, EA
Tax Accountant
 Tax Form Processing LLC 
FOR THE TAXPAYERSM
www.TaxFormProcessing.com
2400 N Forsyth Road Suite 101
Orlando, FL 32807-6445
Why You Need an Enrolled Agent?
Authorized IRS E-File Provider
Proud Member of the Better Business Bureau of Central Florida

Form 1040

Tax Year 2007 (Calendar Year January 1, 2007 to December 31, 2007)

If you do not qualify to file Form 1040EZ or Form 1040A then you must file Form 1040. This is a "universal" tax form, which can be used to report all kinds of income, credits, deductions, and expenses for U.S citizens and/or residents. However, due to the complexities of the tax code, our secure "Online Tax Form Processing Center" for the TAX YEAR 2007 Form 1040 only supports the following:
THE FOLLOWING FORMS YOU MAY RECEIVE ARE SUPPORTED USING OUR ONLINE TAX FORM PROCESSING CENTER FOR FORM 1040

  • Form W-2

  • Form W-2c

  • Form W-2G

  • Form W-10

  • Form 1098

  • Form 1098-C

  • Form 1098-E

  • Form 1098-T

  • Form 1099-A

  • Form 1099-B

  • Form 1099-C

  • Form 1099-CAP

  • Form 1099-DIV

  • Form 1099-G

  • Form 1099-H

  • Form 1099-INT

  • Form 1099-LTC

  • Form 1099-MISC

  • Form 1099-OID

  • Form 1099-PATR

  • Form 1099-Q

  • Form 1099-R

  • Form 1099-S

  • Form 1099-SA

  • Form 2439

  • Form 5498

  • Form 5498-ESA

  • Form 5498-SA

  • Form RRB-1099

  • Form SSA-1099

  • Schedule K-1 (Form 1041)

  • Schedule K-1 (Form 1065)

  • Schedule K-1 (Form 1120S)

INCOME THAT CAN BE REPORTED USING OUR ONLINE TAX FORM PROCESSING CENTER FOR FORM 1040

  • Wages, Salaries, and Tips

  • Tip Income NOT reported to Your Employer or Allocated Tips

  • Taxable Scholarships and Fellowship Grants

  • Taxable and Tax-Exempt Interest (Including Nominee Interest)

  • Ordinary & Qualified Dividends

  • Taxable Refunds from State & Local Income Taxes

  • Capital Gains

  • Alimony & Separate Maintenance Payments Received

  • Self-Employment Income

  • Nonemployee Compensation (Independent Contractors)

  • IRA Distributions

  • Pension & Annuity Distributions

  • Rental Income

  • Royalty Income

  • Unemployment Compensation

  • Social Security & Railroad Retirement Benefits

  • Gambling Winnings

  • Prizes & Awards

  • Jury Duty Pay

  • Notary Fees

  • Alaska Permanent Funds Dividends

  • Qualified Tuition Program Payments

  • Canceled Debt

  • Long-Term Care and Accelerated Death Benefits

  • Patronage Dividends and Other Distributions from a Cooperative

  • Archer MSA or Medicare+Choice MSA Distributions

CREDITS THAT CAN BE CLAIMED USING OUR ONLINE TAX FORM PROCESSING CENTER FOR FORM 1040

  • Child and Dependent Care Credit

  • Adoption Credit

  • Elderly or Disabled Credit

  • Education Credits (Hope and Lifetime Learning Credits)

  • Residential Energy Credits

  • Foreign Tax Credit on Interest & Dividends up to $300 ($600 if married filing jointly)

  • Child Tax Credit

  • Retirement Savings Contributions Credit

  • Estimated Tax Payments

  • Earned Income Credit (with option to use nontaxable combat pay)

  • Social Security Tax Credit for Excess Payments

  • Additional Child Tax Credit

DEDUCTIONS/EXPENSES THAT CAN BE CLAIMED USING OUR ONLINE TAX FORM PROCESSING CENTER FOR FORM 1040

  • Capital Losses

  • Alimony Paid

  • Educator Expense Deduction

  • Tuition and Fees Deduction

  • Business Expenses including Depreciation for Sole Proprietors

  • Business Use of Home Deduction

  • Expenses for Statutory Employees and Independent Contractors

  • Self-Employment Tax Deduction

  • IRA Contributions

  • Rental Expenses including Depreciation

  • Royalty Expenses

  • Student Loan Interest Deduction

  • Moving Expenses

  • Penalty on Early Withdrawal of Savings Deduction

  • Self-Employed Health Insurance Deduction

  • Standard Deduction including additional deduction for taxpayers over age 65 and/or blind

  • Itemized Deductions (Medical, Dental, Taxes, Mortgage Interest, Mortgage Insurance Premiums, Points, Investment Interest, Contributions, Casualty & Theft Losses, Unreimbursed Employee Expenses, Tax Preparation Fees, Investment Expenses, Gambling Losses, Etc.)

  • Interest Exclusion from Series EE and I U.S. Savings Bonds Issued After 1989 and Used for Qualified Higher Education Expenses

  • Health Savings Account Deduction

OTHER ITEMS SUPPORTED

  • Injured Spouse Claim

  • Information to Claim Earned Income Credit After Disallowance

  • Installment Agreement Request

  • Electronic Filing

  • Direct Deposit of Refund into Checking or Savings Account

  • Electronic Funds Withdrawal of Taxes OWED

OFFICIAL IRS FORMS SUPPORTED USING OUR ONLINE FORM 1040 PROCESSING CENTER

Form 1040 U.S. Individual Income Tax Return
Form 2106 Employee Business Expenses
Form 2106-EZ Unreimbursed Employee Business Expenses
Form 2441 Child and Dependent Care Expenses
Form 3903 Moving Expenses
Form 4137 Social Security and Medicare Tax On Unreported Tip Income
Form 4562 Depreciation and Amortization
Form 4684 Casualties and Thefts
Form 4797 Sale of Business Property
Form 4952 Investment Interest Expense Deduction
Form 5329 Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts
Form 5695 Residential Energy Credits
Form 6251 Alternative Minimum Tax - Individuals
Form 8283 Noncash Charitable Contributions
Form 8332 Release of Claim to Exemption for Child or Divorced or Separated Parents
Form 8379 Injured Spouse Claim and Allocation
Form 8582 Passive Activity Loss Limitations
Form 8606 Nondeductible IRAs
Form 8812 Additional Child Tax Credit
Form 8815 Exclusion of Interest from Series EE and I U.S. Savings Bonds Issued After 1989
Form 8829 Expenses for Business Use of Your Home
Form 8839 Qualified Adoption Expenses
Form 8862 Information to Claim Earned Income Credit After Disallowance
Form 8863 Education Credits (Hope and Lifetime Learning Credits)
Form 8879 IRS e-file Signature Authorization
Form 8880 Credit for Qualified Retirement Savings Contributions
Form 8889 Health Savings Accounts (HSAs)

Form 8901

 Information on Qualifying Children Who Are Not Dependents
Form 8917 Tuition and Fees Deduction
Form 9465 Installment Agreement Request
Schedule A Itemized Deductions
Schedule B Interest & Dividend Income
Schedule C Profit or Loss from Business (Sole Proprietorship)
Schedule C-EZ Net Profit from Business (Sole Proprietorship)
Schedule D Capital Gains and Losses
Schedule E Supplemental Income and Loss
Schedule EIC Earned Income Credit
Schedule R Credit for the Elderly or the Disabled
Schedule SE Self-Employment Tax

Use our secure "Online Tax Form Processing Center" to have our licensed tax professionals prepare your Federal and State tax forms. All you need to do is submit your tax information to us online by completing our simple tax organizers. Why worry about preparing your own tax forms and possibly making a mistake? Our tax experts will do all the work for you. Give us a try!

Click here for pricing, shipping and payment information for our online tax services.

Click here to view screenshots of some of our online tax forms and organizers.

"Tax Year 2007 Secure Online Tax Form Processing Center"

CAUTION

 You will need to disable any pop-up blockers AND allow "active content" on your computer before clicking on the form below.
Click here to file Form 1040
Form 1040
NOTE: You will be given the option of having a state income tax return prepared (if applicable).
Copyright © 2000 - 2008 Tax Form Processing LLC. All Rights Reserved.
Home | Privacy Policy | Legal Disclaimer | Contact Us | Site Map
Last Revised January 14, 2008