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, { GainType } from './Form1099B';
  13 import Form1099R, { Box7Code } from './Form1099R';
  14 import Schedule2 from './Schedule2';
  15 import ScheduleD, { ScheduleDTaxWorksheet } from './ScheduleD';
  16 import Form8606 from './Form8606';
  17 import Form8959 from './Form8959';
  18 import Form8949 from './Form8949';
  19 import TaxReturn from './TaxReturn';
  20 import W2 from './W2';
  21
  22 test('w2 wages', () => {
  23   const pa = Person.self('A');
  24   const pb = Person.spouse('B');
  25   const tr = new TaxReturn();
  26   tr.addPerson(pa);
  27   tr.addPerson(pb);
  28   tr.addForm(new W2({
  29     employer: 'AA',
  30     employee: pa,
  31     wages: 130000.00,
  32     fedIncomeTax: 0,
  33     medicareWages: 0,
  34   }));
  35   tr.addForm(new W2({
  36     employer: 'BB',
  37     employee: pb,
  38     wages: 36.32,
  39     fedIncomeTax: 0,
  40     medicareWages: 0,
  41   }));
  42   const f1040 = new Form1040({ filingStatus: FilingStatus.MarriedFilingJoint });
  43   tr.addForm(f1040);
  44   tr.addForm(new Schedule2);
  45   expect(f1040.getValue(tr, '1')).toBe(130036.32);
  46   f1040.getValue(tr, '23');
  47 });
  48
  49 test('interest income', () => {
  50   const p = Person.self('A');
  51   const tr = new TaxReturn();
  52   tr.addPerson(p);
  53   tr.addForm(new Form1099INT({
  54     payer: 'Bank',
  55     payee: p,
  56     interest: 100,
  57     taxExemptInterest: 0
  58   }));
  59   tr.addForm(new Form1099INT({
  60     payer: 'Bank 2',
  61     payee: p,
  62     interest: 3.50,
  63     taxExemptInterest: 95
  64   }));
  65
  66   const f1040 = new Form1040();
  67   tr.addForm(f1040);
  68
  69   expect(f1040.getValue(tr, '2a')).toBe(95);
  70   expect(f1040.getValue(tr, '2b')).toBe(103.5);
  71 });
  72
  73 test('dividend income', () => {
  74   const p = Person.self('A');
  75   const tr = new TaxReturn();
  76   tr.addPerson(p);
  77   const f1099div = new Form1099DIV({
  78     payer: 'Brokerage',
  79     payee: p,
  80     ordinaryDividends: 100,
  81     qualifiedDividends: 75,
  82     totalCapitalGain: 100
  83   });
  84   tr.addForm(f1099div);
  85   tr.addForm(f1099div);
  86
  87   const f1040 = new Form1040();
  88   tr.addForm(f1040);
  89
  90   expect(f1040.getValue(tr, '3a')).toBe(75 * 2);
  91   expect(f1040.getValue(tr, '3b')).toBe(200);
  92 });
  93
  94 test('capital gain/loss', () => {
  95   const p = Person.self('A');
  96   const tr = new TaxReturn();
  97   tr.addPerson(p);
  98   tr.addForm(new Form1040({ filingStatus: FilingStatus.Single }));
  99   tr.addForm(new W2({
 100     employer: 'Money',
 101     employee: p,
 102     wages: 150000
 103   }));
 104   tr.addForm(new Form1099B({
 105     payer: 'Brokerage',
 106     payee: p,
 107     description: '10 FNDC',
 108     proceeds: 1000,
 109     costBasis: 800,
 110     gainType: GainType.LongTerm,
 111     basisReportedToIRS: true
 112   }));
 113   tr.addForm(new Form8949);
 114   tr.addForm(new ScheduleD());
 115   tr.addForm(new ScheduleDTaxWorksheet());
 116   tr.getForm(ScheduleD).getValue(tr, '21');
 117   tr.getForm(Form1040).getValue(tr, '12a');
 118 });
 119
 120 test('require Form8959', () => {
 121   const p = Person.self('A');
 122   const tr = new TaxReturn();
 123   tr.addPerson(p);
 124   tr.addForm(new W2({
 125     employer: 'Company',
 126     employee: p,
 127     wages: 400000,
 128   }));
 129   const f1040 = new Form1040({
 130     filingStatus: FilingStatus.MarriedFilingSeparate,
 131   });
 132   tr.addForm(f1040);
 133   tr.addForm(new Schedule2);
 134
 135   expect(() => f1040.getValue(tr, '15')).toThrow(NotFoundError);
 136   expect(() => f1040.getValue(tr, '15')).toThrow('Form8959');
 137   expect(f1040.getValue(tr, '1')).toBe(400000);
 138   expect(f1040.getValue(tr, '8b')).toBe(400000);
 139 });
 140
 141 test('backdoor and megabackdoor roth', () => {
 142   const p = Person.self('A');
 143   const tr = new TaxReturn();
 144   tr.addPerson(p);
 145   tr.addForm(new Form1099R({
 146     payer: 'Roth',
 147     payee: p,
 148     grossDistribution: 6000,
 149     taxableAmount: 6000,
 150     taxableAmountNotDetermined: true,
 151     totalDistribution: true,
 152     fedIncomeTax: 0,
 153     distributionCodes: [Box7Code._2],
 154     iraSepSimple: true
 155   }));
 156   tr.addForm(new Form1099R({
 157     payer: '401k',
 158     payee: p,
 159     grossDistribution: 27500,
 160     taxableAmount: 0,
 161     taxableAmountNotDetermined: false,
 162     totalDistribution: false,
 163     fedIncomeTax: 0,
 164     employeeContributionsOrDesignatedRothContributions: 27500,
 165     distributionCodes: [Box7Code.G],
 166     iraSepSimple: false
 167   }));
 168   tr.addForm(new Form8606({
 169     person: p,
 170     nondeductibleContributions: 6000,
 171     traditionalIraBasis: 0,
 172     distributionFromTradSepOrSimpleIraOrMadeRothConversion: true,
 173     contributionsMadeInCurrentYear: 0,
 174     distributionsFromAllTradSepSimpleIras: 0,
 175     valueOfAllTradSepSimpleIras: 0,
 176     amountConvertedFromTradSepSimpleToRoth: 6000
 177   }));
 178   const f = new Form1040();
 179   tr.addForm(f);
 180
 181   expect(f.getValue(tr, '4a')).toBe(6000);
 182   expect(f.getValue(tr, '4b')).toBe(0);
 183 });