src/fed2019/Form1040.test.ts

   1 // Copyright 2020 Blue Static <https://www.bluestatic.org>
   2 // This program is free software licensed under the GNU General Public License,
   3 // version 3.0. The full text of the license can be found in LICENSE.txt.
   4 // SPDX-License-Identifier: GPL-3.0-only
   5
   6 import { Person } from '../core';
   7 import { NotFoundError } from '../core/Errors';
   8
   9 import Form1040, { FilingStatus } from './Form1040';
  10 import Form1099DIV from './Form1099DIV';
  11 import Form1099INT from './Form1099INT';
  12 import Form1099B from './Form1099B';
  13 import Form1099R, { Box7Code } from './Form1099R';
  14 import Schedule2 from './Schedule2';
  15 import ScheduleA from './ScheduleA';
  16 import ScheduleD, { ScheduleDTaxWorksheet } from './ScheduleD';
  17 import Form8606 from './Form8606';
  18 import Form8959 from './Form8959';
  19 import Form8949 from './Form8949';
  20 import TaxReturn from './TaxReturn';
  21 import W2 from './W2';
  22
  23 test('w2 wages', () => {
  24   const pa = Person.self('A');
  25   const pb = Person.spouse('B');
  26   const tr = new TaxReturn();
  27   tr.addPerson(pa);
  28   tr.addPerson(pb);
  29   tr.addForm(new W2({
  30     employer: 'AA',
  31     employee: pa,
  32     wages: 130000.00,
  33     fedIncomeTax: 0,
  34     medicareWages: 0,
  35   }));
  36   tr.addForm(new W2({
  37     employer: 'BB',
  38     employee: pb,
  39     wages: 36.32,
  40     fedIncomeTax: 0,
  41     medicareWages: 0,
  42   }));
  43   const f1040 = new Form1040({ filingStatus: FilingStatus.MarriedFilingJoint });
  44   tr.addForm(f1040);
  45   tr.addForm(new Schedule2);
  46   expect(f1040.getValue(tr, '1')).toBe(130036.32);
  47   f1040.getValue(tr, '23');
  48 });
  49
  50 test('interest income', () => {
  51   const p = Person.self('A');
  52   const tr = new TaxReturn();
  53   tr.addPerson(p);
  54   tr.addForm(new Form1099INT({
  55     payer: 'Bank',
  56     payee: p,
  57     interest: 100,
  58     taxExemptInterest: 0,
  59     interestOnUsSavingsBondOrTreas: 30
  60   }));
  61   tr.addForm(new Form1099INT({
  62     payer: 'Bank 2',
  63     payee: p,
  64     interest: 3.50,
  65     taxExemptInterest: 95
  66   }));
  67
  68   const f1040 = new Form1040();
  69   tr.addForm(f1040);
  70
  71   expect(f1040.getValue(tr, '2a')).toBe(95);
  72   expect(f1040.getValue(tr, '2b')).toBe(133.5);
  73 });
  74
  75 test('dividend income', () => {
  76   const p = Person.self('A');
  77   const tr = new TaxReturn();
  78   tr.addPerson(p);
  79   const f1099div = new Form1099DIV({
  80     payer: 'Brokerage',
  81     payee: p,
  82     ordinaryDividends: 100,
  83     qualifiedDividends: 75,
  84     totalCapitalGain: 100
  85   });
  86   tr.addForm(f1099div);
  87   tr.addForm(f1099div);
  88
  89   const f1040 = new Form1040();
  90   tr.addForm(f1040);
  91
  92   expect(f1040.getValue(tr, '3a')).toBe(75 * 2);
  93   expect(f1040.getValue(tr, '3b')).toBe(200);
  94 });
  95
  96 test('tax-exempt interest', () => {
  97   const p = Person.self('A');
  98   const tr = new TaxReturn();
  99   tr.addPerson(p);
 100   tr.addForm(new Form1099DIV({
 101     payer: 'Brokerage',
 102     payee: p,
 103     exemptInterestDividends: 100,
 104   }));
 105   tr.addForm(new Form1099INT({
 106     payer: 'Bank',
 107     payee: p,
 108     interest: 0,
 109     taxExemptInterest: 50
 110   }));
 111
 112   const f1040 = new Form1040();
 113   tr.addForm(f1040);
 114
 115   expect(f1040.getValue(tr, '2a')).toBe(150);
 116 });
 117
 118 test('capital gain/loss', () => {
 119   const p = Person.self('A');
 120   const tr = new TaxReturn();
 121   tr.addPerson(p);
 122   tr.addForm(new Form1040({ filingStatus: FilingStatus.Single }));
 123   tr.addForm(new W2({
 124     employer: 'Money',
 125     employee: p,
 126     wages: 150000
 127   }));
 128   tr.addForm(new Form1099B({
 129     payer: 'Brokerage',
 130     payee: p,
 131     longTermBasisReported: [
 132       {
 133         description: '10 FNDC',
 134         proceeds: 1000,
 135         costBasis: 800,
 136       }
 137     ]
 138   }));
 139   tr.addForm(new Form8949);
 140   tr.addForm(new ScheduleD());
 141   tr.addForm(new ScheduleDTaxWorksheet());
 142   tr.getForm(ScheduleD).getValue(tr, '21');
 143   tr.getForm(Form1040).getValue(tr, '12a');
 144 });
 145
 146 test('require Form8959', () => {
 147   const p = Person.self('A');
 148   const tr = new TaxReturn();
 149   tr.addPerson(p);
 150   tr.addForm(new W2({
 151     employer: 'Company',
 152     employee: p,
 153     wages: 400000,
 154   }));
 155   const f1040 = new Form1040({
 156     filingStatus: FilingStatus.MarriedFilingSeparate,
 157   });
 158   tr.addForm(f1040);
 159   tr.addForm(new Schedule2);
 160
 161   expect(() => f1040.getValue(tr, '15')).toThrow(NotFoundError);
 162   expect(() => f1040.getValue(tr, '15')).toThrow('Form8959');
 163   expect(f1040.getValue(tr, '1')).toBe(400000);
 164   expect(f1040.getValue(tr, '8b')).toBe(400000);
 165 });
 166
 167 test('backdoor and megabackdoor roth', () => {
 168   const p = Person.self('A');
 169   const tr = new TaxReturn();
 170   tr.addPerson(p);
 171   tr.addForm(new Form1099R({
 172     payer: 'Roth',
 173     payee: p,
 174     grossDistribution: 6000,
 175     taxableAmount: 6000,
 176     taxableAmountNotDetermined: true,
 177     totalDistribution: true,
 178     fedIncomeTax: 0,
 179     distributionCodes: [Box7Code._2],
 180     iraSepSimple: true
 181   }));
 182   tr.addForm(new Form1099R({
 183     payer: '401k',
 184     payee: p,
 185     grossDistribution: 27500,
 186     taxableAmount: 0,
 187     taxableAmountNotDetermined: false,
 188     totalDistribution: false,
 189     fedIncomeTax: 0,
 190     employeeContributionsOrDesignatedRothContributions: 27500,
 191     distributionCodes: [Box7Code.G],
 192     iraSepSimple: false
 193   }));
 194   tr.addForm(new Form8606({
 195     person: p,
 196     nondeductibleContributions: 6000,
 197     traditionalIraBasis: 0,
 198     distributionFromTradSepOrSimpleIraOrMadeRothConversion: true,
 199     contributionsMadeInCurrentYear: 0,
 200     distributionsFromAllTradSepSimpleIras: 0,
 201     valueOfAllTradSepSimpleIras: 0,
 202     amountConvertedFromTradSepSimpleToRoth: 6000
 203   }));
 204   const f = new Form1040();
 205   tr.addForm(f);
 206
 207   expect(f.getValue(tr, '4a')).toBe(6000);
 208   expect(f.getValue(tr, '4b')).toBe(0);
 209 });
 210
 211 test('itemized deductions', () => {
 212   const tr = new TaxReturn();
 213   const f = new Form1040({
 214     filingStatus: FilingStatus.MarriedFilingJoint
 215   });
 216   tr.addForm(f);
 217   tr.addForm(new ScheduleA({
 218     charitableGiftsCashOrCheck: 26000
 219   }));
 220
 221   expect(f.getValue(tr, '9')).toBe(26000);
 222 });
 223
 224 test('itemized deductions, forced', () => {
 225   const tr = new TaxReturn();
 226   const f = new Form1040({
 227     filingStatus: FilingStatus.MarriedFilingJoint
 228   });
 229   tr.addForm(f);
 230   tr.addForm(new ScheduleA({
 231     stateAndLocalIncomeAndSalesTaxes: 10000,
 232     forceItemize: true
 233   }));
 234
 235   expect(f.getValue(tr, '9')).toBe(10000);
 236 });