src/fed2019/ScheduleD.ts

   1 import Form from '../Form';
   2 import Person from '../Person';
   3 import TaxReturn from '../TaxReturn';
   4 import { Line, AccumulatorLine, ComputedLine, ReferenceLine, sumLineOfForms } from '../Line';
   5 import { clampToZero } from '../Math';
   6 import { UnsupportedFeatureError } from '../Errors';
   7
   8 import Form8949, { Form8949Box } from './Form8949';
   9 import Form1099DIV from './Form1099DIV';
  10 import Form1040, { FilingStatus, computeTax } from './Form1040';
  11
  12 export default class ScheduleD extends Form<ScheduleD['_lines']> {
  13   readonly name = 'Schedule D';
  14
  15   protected readonly _lines = {
  16     // 1a not supported (Totals for all short-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments)
  17     // 4 is not supported (Short-term gain from Form 6252 and short-term gain or (loss) from Forms 4684, 6781, and 8824)
  18     // 5 is not supported (Net short-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1)
  19     // 6 is not supported (Short-term capital loss carryover. Enter the amount, if any, from line 8 of your Capital Loss Carryover Worksheet in the instructions)
  20
  21     '7': new ComputedLine((tr: TaxReturn): number => {
  22       // 1-3 are computed by Form8949.
  23       // 4-6 should be included.
  24       const f8949 = tr.getForm(Form8949);
  25       return f8949.getValue(tr, 'boxA').gainOrLoss +
  26              f8949.getValue(tr, 'boxB').gainOrLoss +
  27              f8949.getValue(tr, 'boxC').gainOrLoss;
  28     }, 'Net short-term capital gain or (loss)'),
  29
  30     // 8a is not supported.
  31
  32     // 11 is not supported (Gain from Form 4797, Part I; long-term gain from Forms 2439 and 6252; and long-term gain or (loss) from Forms 4684, 6781, and 8824)
  33     // 12 is not supported (Net long-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1)
  34
  35     '13': new AccumulatorLine(Form1099DIV, '2a', 'Capital gain distributions'),
  36
  37     // 14 is not supported (Long-term capital loss carryover. Enter the amount, if any, from line 13 of your Capital Loss Carryover Worksheet in the instructions)
  38
  39     '15': new ComputedLine((tr: TaxReturn): number => {
  40       // 11-14 should be included.
  41       const f8949 = tr.getForm(Form8949);
  42       return f8949.getValue(tr, 'boxD').gainOrLoss +
  43              f8949.getValue(tr, 'boxE').gainOrLoss +
  44              f8949.getValue(tr, 'boxF').gainOrLoss +
  45              this.getValue(tr, '13');
  46     }, 'Net long-term capital gain or (loss)'),
  47
  48     '16': new ComputedLine((tr: TaxReturn): number => {
  49       return this.getValue(tr, '7') + this.getValue(tr, '15');
  50     }),
  51
  52     '17': new ComputedLine((tr: TaxReturn): boolean => {
  53       return this.getValue(tr, '15') > 0 && this.getValue(tr, '16') > 0;
  54     }, 'Both ST and LT are gains'),
  55
  56     '18': new ComputedLine((tr: TaxReturn): number | undefined => {
  57       if (!this.getValue(tr, '17') || this.getValue(tr, '16') <= 0)
  58         return undefined;
  59       // Not supported - only for gains on Qualified Small Business Stock or collectibles.
  60       return 0;
  61     }, '28% Rate Gain Worksheet Value'),
  62
  63     // 19 is not supported (Unrecaptured Section 1250 Gain Worksheet)
  64
  65     '20': new ComputedLine((tr: TaxReturn): boolean | undefined => {
  66       if (!this.getValue(tr, '17') || this.getValue(tr, '16') <= 0)
  67         return undefined;
  68       const l18 = this.getValue(tr, '18');
  69       const l19 = undefined; //this.getValue(tr, '19');
  70       return (l18 === 0 || l18 === undefined) || (l19 === 0 || l19 === undefined);
  71     }, 'Line 18 and 19 both 0 or blank?'),
  72
  73     '21': new ComputedLine((tr: TaxReturn): number | undefined => {
  74       if (!this.getValue(tr, '17') || !this.getValue(tr, '20'))
  75         return undefined;
  76       const filingStatus = tr.getForm(Form1040).getInput('filingStatus');
  77       const limit = filingStatus == FilingStatus.MarriedFilingSeparate ? -1500 : -3000;
  78       return Math.min(this.getValue(tr, '16'), limit);
  79     }, 'Net capital loss'),
  80   };
  81 };
  82
  83 export class ScheduleDTaxWorksheet extends Form<ScheduleDTaxWorksheet['_lines']> {
  84   readonly name = 'Schedule D Tax Worksheet';
  85
  86   protected readonly _lines = {
  87     '1': new ReferenceLine(Form1040, '11b'),
  88     '2': new ReferenceLine(Form1040, '3a'),
  89     // TODO 3 - form 4952
  90     // TODO 4 - 4952
  91     '5': new ComputedLine((tr: TaxReturn): number => 0),
  92     '6': new ComputedLine((tr: TaxReturn): number => clampToZero(this.getValue(tr, '2') - this.getValue(tr, '5'))),
  93     '7': new ComputedLine((tr: TaxReturn): number => {
  94       const schedD = tr.getForm(ScheduleD);
  95       return Math.min(schedD.getValue(tr, '15'), schedD.getValue(tr, '16'));
  96     }),
  97     '8': new ComputedLine((tr: TaxReturn): number => {
  98       return 0;
  99       // return Math.min(this.getValue(tr, '3'), this.getValue(tr, '4'));
 100     }),
 101     '9': new ComputedLine((tr: TaxReturn): number => clampToZero(this.getValue(tr, '7') - this.getValue(tr, '8'))),
 102     '10': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '6') + this.getValue(tr, '9')),
 103     '11': new ComputedLine((tr: TaxReturn): number => {
 104       const schedD = tr.getForm(ScheduleD);
 105       // TODO - line 19 is not supported.
 106       return Math.min(schedD.getValue(tr, '18'), Infinity); //schedD.getValue(tr, '19'));
 107     }),
 108     '12': new ComputedLine((tr: TaxReturn): number => Math.min(this.getValue(tr, '9'), this.getValue(tr, '11'))),
 109     '13': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '10') - this.getValue(tr, '12')),
 110     '14': new ComputedLine((tr: TaxReturn): number => clampToZero(this.getValue(tr, '1') - this.getValue(tr, '13'))),
 111     '15': new ComputedLine((tr: TaxReturn): number => {
 112       switch (tr.getForm(Form1040).getInput('filingStatus')) {
 113         case FilingStatus.Single:
 114         case FilingStatus.MarriedFilingSeparate:
 115           return 39375;
 116         case FilingStatus.MarriedFilingJoint:
 117           return 78750;
 118       }
 119     }),
 120     '16': new ComputedLine((tr: TaxReturn): number => Math.min(this.getValue(tr, '1'), this.getValue(tr, '15'))),
 121     '17': new ComputedLine((tr: TaxReturn): number => Math.min(this.getValue(tr, '14'), this.getValue(tr, '16'))),
 122     '18': new ComputedLine((tr: TaxReturn): number => clampToZero(this.getValue(tr, '1') - this.getValue(tr, '10'))),
 123     '19': new ComputedLine((tr: TaxReturn): number => {
 124       let threshold: number;
 125       switch (tr.getForm(Form1040).getInput('filingStatus')) {
 126         case FilingStatus.Single:
 127         case FilingStatus.MarriedFilingSeparate:
 128           threshold = 160725;
 129           break;
 130         case FilingStatus.MarriedFilingJoint:
 131           threshold = 321450;
 132           break;
 133       }
 134       return Math.min(this.getValue(tr, '1'), threshold);
 135     }),
 136     '20': new ComputedLine((tr: TaxReturn): number => Math.min(this.getValue(tr, '14'), this.getValue(tr, '19'))),
 137     '21': new ComputedLine((tr: TaxReturn): number => Math.max(this.getValue(tr, '18'), this.getValue(tr, '20'))),
 138     '22': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '16') - this.getValue(tr, '17')),
 139     '23': new ComputedLine((tr: TaxReturn): number => Math.min(this.getValue(tr, '1'), this.getValue(tr, '13'))),
 140     '24': new ReferenceLine(ScheduleDTaxWorksheet as any, '22'),
 141     '25': new ComputedLine((tr: TaxReturn): number => clampToZero(this.getValue(tr, '23') - this.getValue(tr, '24'))),
 142     '26': new ComputedLine((tr: TaxReturn): number => {
 143       switch (tr.getForm(Form1040).getInput('filingStatus')) {
 144         case FilingStatus.Single:
 145           return 434550;
 146         case FilingStatus.MarriedFilingSeparate:
 147           return 244425;
 148         case FilingStatus.MarriedFilingJoint:
 149           return 488850;
 150       }
 151     }),
 152     '27': new ComputedLine((tr: TaxReturn): number => Math.min(this.getValue(tr, '1'), this.getValue(tr, '26'))),
 153     '28': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '21') + this.getValue(tr, '22')),
 154     '29': new ComputedLine((tr: TaxReturn): number => clampToZero(this.getValue(tr, '27') - this.getValue(tr, '28'))),
 155     '30': new ComputedLine((tr: TaxReturn): number => Math.min(this.getValue(tr, '25'), this.getValue(tr, '29'))),
 156     '31': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '30') * 0.15),
 157     '32': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '24') + this.getValue(tr, '30')),
 158     '33': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '23') - this.getValue(tr, '32')),
 159     '34': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '33') * 0.20),
 160     '35': new ComputedLine((tr: TaxReturn): number => {
 161       const schedD = tr.getForm(ScheduleD);
 162       // TODO - line 19 is not supported.
 163       return Math.min(this.getValue(tr, '9'), Infinity); //schedD.getValue(tr, '19'));
 164     }),
 165     '36': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '10') + this.getValue(tr, '21')),
 166     '37': new ReferenceLine(ScheduleDTaxWorksheet as any, '1'),
 167     '38': new ComputedLine((tr: TaxReturn): number => clampToZero(this.getValue(tr, '36') - this.getValue(tr, '37'))),
 168     '39': new ComputedLine((tr: TaxReturn): number => clampToZero(this.getValue(tr, '35') - this.getValue(tr, '38'))),
 169     '40': new ComputedLine((tr: TaxReturn): number => this.getValue(tr, '39') * 0.25),
 170     '41': new ComputedLine((tr: TaxReturn): number => {
 171       const schedD = tr.getForm(ScheduleD);
 172       if (schedD.getValue(tr, '18'))
 173         throw new UnsupportedFeatureError('28% Gain unsupported');
 174       return 0;
 175     }),
 176     '42': new ComputedLine((tr: TaxReturn): number => {
 177       if (!tr.getForm(ScheduleD).getValue(tr, '18'))
 178         return 0;
 179       return this.getValue(tr, '1') - this.getValue(tr, '41');
 180     }),
 181     '43': new ComputedLine((tr: TaxReturn): number => {
 182       if (!tr.getForm(ScheduleD).getValue(tr, '18'))
 183         return 0;
 184       return this.getValue(tr, '42') * 0.28;
 185     }),
 186     '44': new ComputedLine((tr: TaxReturn): number => {
 187       const income = this.getValue(tr, '21');
 188       return computeTax(income, tr.getForm(Form1040).getInput('filingStatus'));
 189     }),
 190     '45': new ComputedLine((tr: TaxReturn): number => {
 191       return this.getValue(tr, '31') +
 192              this.getValue(tr, '34') +
 193              this.getValue(tr, '40') +
 194              this.getValue(tr, '43') +
 195              this.getValue(tr, '44');
 196     }),
 197     '46': new ComputedLine((tr: TaxReturn): number => {
 198       const income = this.getValue(tr, '1');
 199       return computeTax(income, tr.getForm(Form1040).getInput('filingStatus'));
 200     }),
 201     '47': new ComputedLine((tr: TaxReturn): number => Math.min(this.getValue(tr, '45'), this.getValue(tr, '46'))),
 202   };
 203 };