src/fed2019/ScheduleD.ts

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