src/fed2019/ScheduleD.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 { Form, Person, TaxReturn } from '../core';
   7 import { Line, AccumulatorLine, ComputedLine, ReferenceLine, sumLineOfForms } from '../core/Line';
   8 import { clampToZero } from '../core/Math';
   9 import { UnsupportedFeatureError } from '../core/Errors';
  10
  11 import Form8949, { Form8949Box } from './Form8949';
  12 import Form1099DIV from './Form1099DIV';
  13 import Form1040, { FilingStatus, computeTax } from './Form1040';
  14
  15 export default class ScheduleD extends Form<ScheduleD['_lines']> {
  16   readonly name = 'Schedule D';
  17
  18   protected readonly _lines = {
  19     // 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)
  20     // 4 is not supported (Short-term gain from Form 6252 and short-term gain or (loss) from Forms 4684, 6781, and 8824)
  21     // 5 is not supported (Net short-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1)
  22     // 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)
  23
  24     '7': new ComputedLine((tr): number => {
  25       // 1-3 are computed by Form8949.
  26       // 4-6 should be included.
  27       const f8949 = tr.getForm(Form8949);
  28       return f8949.getValue(tr, 'boxA').gainOrLoss +
  29              f8949.getValue(tr, 'boxB').gainOrLoss +
  30              f8949.getValue(tr, 'boxC').gainOrLoss;
  31     }, 'Net short-term capital gain or (loss)'),
  32
  33     // 8a is not supported.
  34
  35     // 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)
  36     // 12 is not supported (Net long-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1)
  37
  38     '13': new AccumulatorLine(Form1099DIV, '2a', 'Capital gain distributions'),
  39
  40     // 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)
  41
  42     '15': new ComputedLine((tr): number => {
  43       // 11-14 should be included.
  44       const f8949 = tr.getForm(Form8949);
  45       return f8949.getValue(tr, 'boxD').gainOrLoss +
  46              f8949.getValue(tr, 'boxE').gainOrLoss +
  47              f8949.getValue(tr, 'boxF').gainOrLoss +
  48              this.getValue(tr, '13');
  49     }, 'Net long-term capital gain or (loss)'),
  50
  51     '16': new ComputedLine((tr): number => {
  52       return this.getValue(tr, '7') + this.getValue(tr, '15');
  53     }),
  54
  55     '17': new ComputedLine((tr): boolean => {
  56       return this.getValue(tr, '15') > 0 && this.getValue(tr, '16') > 0;
  57     }, 'Both ST and LT are gains'),
  58
  59     '18': new ComputedLine((tr): number | undefined => {
  60       if (!this.getValue(tr, '17') || this.getValue(tr, '16') <= 0)
  61         return undefined;
  62       // Not supported - only for gains on Qualified Small Business Stock or collectibles.
  63       return 0;
  64     }, '28% Rate Gain Worksheet Value'),
  65
  66     // 19 is not supported (Unrecaptured Section 1250 Gain Worksheet)
  67
  68     '20': new ComputedLine((tr): boolean | undefined => {
  69       if (!this.getValue(tr, '17') || this.getValue(tr, '16') <= 0)
  70         return undefined;
  71       const l18 = this.getValue(tr, '18');
  72       const l19 = undefined; //this.getValue(tr, '19');
  73       return (l18 === 0 || l18 === undefined) || (l19 === 0 || l19 === undefined);
  74     }, 'Line 18 and 19 both 0 or blank?'),
  75
  76     '21': new ComputedLine((tr): number | undefined => {
  77       if (!this.getValue(tr, '17') || !this.getValue(tr, '20'))
  78         return undefined;
  79       const filingStatus = tr.getForm(Form1040).filingStatus;
  80       const limit = filingStatus == FilingStatus.MarriedFilingSeparate ? -1500 : -3000;
  81       return Math.min(this.getValue(tr, '16'), limit);
  82     }, 'Net capital loss'),
  83   };
  84 };
  85
  86 export class ScheduleDTaxWorksheet extends Form<ScheduleDTaxWorksheet['_lines']> {
  87   readonly name = 'Schedule D Tax Worksheet';
  88
  89   protected readonly _lines = {
  90     '1': new ReferenceLine(Form1040, '11b'),
  91     '2': new ReferenceLine(Form1040, '3a'),
  92     // TODO 3 - form 4952
  93     // TODO 4 - 4952
  94     '5': new ComputedLine((tr): number => 0),
  95     '6': new ComputedLine((tr): number => clampToZero(this.getValue(tr, '2') - this.getValue(tr, '5'))),
  96     '7': new ComputedLine((tr): number => {
  97       const schedD = tr.getForm(ScheduleD);
  98       return Math.min(schedD.getValue(tr, '15'), schedD.getValue(tr, '16'));
  99     }),
 100     '8': new ComputedLine((tr): number => {
 101       return 0;
 102       // return Math.min(this.getValue(tr, '3'), this.getValue(tr, '4'));
 103     }),
 104     '9': new ComputedLine((tr): number => clampToZero(this.getValue(tr, '7') - this.getValue(tr, '8'))),
 105     '10': new ComputedLine((tr): number => this.getValue(tr, '6') + this.getValue(tr, '9')),
 106     '11': new ComputedLine((tr): number => {
 107       const schedD = tr.getForm(ScheduleD);
 108       // TODO - line 19 is not supported.
 109       return Math.min(schedD.getValue(tr, '18'), Infinity); //schedD.getValue(tr, '19'));
 110     }),
 111     '12': new ComputedLine((tr): number => Math.min(this.getValue(tr, '9'), this.getValue(tr, '11'))),
 112     '13': new ComputedLine((tr): number => this.getValue(tr, '10') - this.getValue(tr, '12')),
 113     '14': new ComputedLine((tr): number => clampToZero(this.getValue(tr, '1') - this.getValue(tr, '13'))),
 114     '15': new ComputedLine((tr): number => {
 115       switch (tr.getForm(Form1040).filingStatus) {
 116         case FilingStatus.Single:
 117         case FilingStatus.MarriedFilingSeparate:
 118           return 39375;
 119         case FilingStatus.MarriedFilingJoint:
 120           return 78750;
 121       }
 122     }),
 123     '16': new ComputedLine((tr): number => Math.min(this.getValue(tr, '1'), this.getValue(tr, '15'))),
 124     '17': new ComputedLine((tr): number => Math.min(this.getValue(tr, '14'), this.getValue(tr, '16'))),
 125     '18': new ComputedLine((tr): number => clampToZero(this.getValue(tr, '1') - this.getValue(tr, '10'))),
 126     '19': new ComputedLine((tr): number => {
 127       let threshold: number;
 128       switch (tr.getForm(Form1040).filingStatus) {
 129         case FilingStatus.Single:
 130         case FilingStatus.MarriedFilingSeparate:
 131           threshold = 160725;
 132           break;
 133         case FilingStatus.MarriedFilingJoint:
 134           threshold = 321450;
 135           break;
 136       }
 137       return Math.min(this.getValue(tr, '1'), threshold);
 138     }),
 139     '20': new ComputedLine((tr): number => Math.min(this.getValue(tr, '14'), this.getValue(tr, '19'))),
 140     '21': new ComputedLine((tr): number => Math.max(this.getValue(tr, '18'), this.getValue(tr, '20'))),
 141     '22': new ComputedLine((tr): number => this.getValue(tr, '16') - this.getValue(tr, '17')),
 142     '23': new ComputedLine((tr): number => Math.min(this.getValue(tr, '1'), this.getValue(tr, '13'))),
 143     '24': new ReferenceLine(ScheduleDTaxWorksheet as any, '22'),
 144     '25': new ComputedLine((tr): number => clampToZero(this.getValue(tr, '23') - this.getValue(tr, '24'))),
 145     '26': new ComputedLine((tr): number => {
 146       switch (tr.getForm(Form1040).filingStatus) {
 147         case FilingStatus.Single:
 148           return 434550;
 149         case FilingStatus.MarriedFilingSeparate:
 150           return 244425;
 151         case FilingStatus.MarriedFilingJoint:
 152           return 488850;
 153       }
 154     }),
 155     '27': new ComputedLine((tr): number => Math.min(this.getValue(tr, '1'), this.getValue(tr, '26'))),
 156     '28': new ComputedLine((tr): number => this.getValue(tr, '21') + this.getValue(tr, '22')),
 157     '29': new ComputedLine((tr): number => clampToZero(this.getValue(tr, '27') - this.getValue(tr, '28'))),
 158     '30': new ComputedLine((tr): number => Math.min(this.getValue(tr, '25'), this.getValue(tr, '29'))),
 159     '31': new ComputedLine((tr): number => this.getValue(tr, '30') * 0.15),
 160     '32': new ComputedLine((tr): number => this.getValue(tr, '24') + this.getValue(tr, '30')),
 161     '33': new ComputedLine((tr): number => this.getValue(tr, '23') - this.getValue(tr, '32')),
 162     '34': new ComputedLine((tr): number => this.getValue(tr, '33') * 0.20),
 163     '35': new ComputedLine((tr): number => {
 164       const schedD = tr.getForm(ScheduleD);
 165       // TODO - line 19 is not supported.
 166       return Math.min(this.getValue(tr, '9'), Infinity); //schedD.getValue(tr, '19'));
 167     }),
 168     '36': new ComputedLine((tr): number => this.getValue(tr, '10') + this.getValue(tr, '21')),
 169     '37': new ReferenceLine(ScheduleDTaxWorksheet as any, '1'),
 170     '38': new ComputedLine((tr): number => clampToZero(this.getValue(tr, '36') - this.getValue(tr, '37'))),
 171     '39': new ComputedLine((tr): number => clampToZero(this.getValue(tr, '35') - this.getValue(tr, '38'))),
 172     '40': new ComputedLine((tr): number => this.getValue(tr, '39') * 0.25),
 173     '41': new ComputedLine((tr): number => {
 174       const schedD = tr.getForm(ScheduleD);
 175       if (schedD.getValue(tr, '18'))
 176         throw new UnsupportedFeatureError('28% Gain unsupported');
 177       return 0;
 178     }),
 179     '42': new ComputedLine((tr): number => {
 180       if (!tr.getForm(ScheduleD).getValue(tr, '18'))
 181         return 0;
 182       return this.getValue(tr, '1') - this.getValue(tr, '41');
 183     }),
 184     '43': new ComputedLine((tr): number => {
 185       if (!tr.getForm(ScheduleD).getValue(tr, '18'))
 186         return 0;
 187       return this.getValue(tr, '42') * 0.28;
 188     }),
 189     '44': new ComputedLine((tr): number => {
 190       const income = this.getValue(tr, '21');
 191       return computeTax(income, tr.getForm(Form1040).filingStatus);
 192     }),
 193     '45': new ComputedLine((tr): number => {
 194       return this.getValue(tr, '31') +
 195              this.getValue(tr, '34') +
 196              this.getValue(tr, '40') +
 197              this.getValue(tr, '43') +
 198              this.getValue(tr, '44');
 199     }),
 200     '46': new ComputedLine((tr): number => {
 201       const income = this.getValue(tr, '1');
 202       return computeTax(income, tr.getForm(Form1040).filingStatus);
 203     }),
 204     '47': new ComputedLine((tr): number => Math.min(this.getValue(tr, '45'), this.getValue(tr, '46'))),
 205   };
 206 };