Installment Sale - ANSWER:Pay portion of tax each year
Municipal Bonds - ANSWER:Issued by city, county, state.
, They are TAX FREE for federal tax purposes (state tax as well!)
16th Amendment - ANSWER:Make federal income tax constitutional
1040 - ANSWER:Individual tax form
Schedule A - ANSWER:itemized deductions
Schedule B - ANSWER:Interest and Dividend Income
Schedule C - ANSWER:Profit or Loss From Business
Schedule D - ANSWER:Capital Gains and Losses
Schedule E - ANSWER:Supplemental income and loss - includes rents, royalties, and K-1 income from S-
corporations and partnerships
Schedule SE - ANSWER:Self-Employment Tax
Form 4562 Depreciation and Amortization - ANSWER:Linked to Schedule C or E
Form 4797 - ANSWER:Sale of Business Property
Form 6251 - ANSWER:Alternative Minimum Tax
1120 - ANSWER:Corporate Income Tax Return
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