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No. The Full Service experts only help with the current tax returns for 2022. You say you should have received income tax refunds for tax years 2018 to present.
It is too late to get a refund for a 2018 return---you waited too long and any refund you could have received for a 2018 return has now been forfeited. And you only have until July 2023 to file and still get a refund for 2019 or that one will also be forfeited.
However....you say your income has been Social Security disability and veterans benefits. Was any tax withheld from the SS? Refunds come from having too much tax withheld---if you had no tax withheld, there is nothing from which to get a refund. Owning a home does not mean you get a refund if you had no tax withheld.
Please provide some details and explain why you believe you should be able to get tax refunds for any of those earlier tax years.
And....did you receive the stimulus checks that were issued in 2020 and in 2021? Recipients of Social Security should have received them automatically but want to make sure you got those...If not, you can file tax returns for 2020 and/or 2021 to get the stimulus checks.
My spouse was employed full time 2018-2020. Only part time during 2021 the year she passed away. We always received a return as a result of her income and that's why I believe I am due a refund for those years. Thank you for a quick and informative response to my inquiry and yes all the stimulus checks were received Regarding the home. It was constructed in 1900 which resulted in a great number of needed home improvements such as roofing and plumbing, to name a couple examples, that were done by us on the house and the total number of itemizations is greater then the standard deduction adding to the returns total as well. Thank you for a quick and informative response to my inquiry and yes all the stimulus checks were received as well.
Do you happen to know about anything I should be aware of tax wise regarding my wife passing away during 2021? She only had a small small retirement of $5000 and the same amount in life insurance that I recieved. Any information would be appreciated.
So sorry for your loss. For 2021 you could file a joint return that includes all of your income and the income received by your spouse in that year.
For the year that your spouse died, you can still file a joint 2021 return. That way, you will get the married filing jointly 2021 standard deduction of $25,100 (+ $1350 for each spouse 65 or older) which will lower the amount of income you are taxed on.
In My Info, you will need to indicate that your spouse died. When her name is in My Info, there is a screen early in the interview that asks "Do any of these apply to [name] ?’” where you will do that, and then a drop down will appear where you can enter the date he passed.
If you have qualifying dependent children you will be able to file as a qualifying surviving spouse (QSS) for the next two years after this tax return. Post back if you need further help.
The proceeds of the life insurance are not taxable.
As for the deductions you are mentioning for the house----home improvements/repairs for your own home are not deductible. You cannot use plumbing repairs etc. on Schedule A as itemized deductions. You can save your records and maybe use some of those expenses when you sell the house.
Since you have not filed a return for several years and seem confused as to how to go about filing, you should seek local paid tax help to sort out the issues. Gather together all of the W-2's, 1099's, mortgage 1098's, property tax bills paid, etc. and get professional tax help.
Since you have not filed in quite awhile, you may be unaware of the tax law changes that took effect for tax year 2018 and beyond.
The standard deduction nearly doubled beginning with 2018, which has made it much harder for most folks to itemize. Most people just get their standard deduction now.
It is very hard for a lot of people to use itemized deductions now that the standard deduction is so much higher. Your home ownership may not have any effect on your tax due or refund, especially if you purchased the house late in the year.
Standard Deduction
Your itemized deductions have to be more than your standard deduction before you will see a change in your tax owed or tax refund. The deductions you enter do not necessarily count “dollar for dollar;” many of them are subject to meeting tough thresholds—medical expenses, for example, must meet a threshold that is pretty hard to reach. The software program uses all the IRS rules that apply to the expenses you enter, and it tells you if you have enough to use your itemized deductions or if using the standard deduction is more advantageous for you. Under the new tax laws, some deductions have been capped—there is a $10,000 limit to the itemized deductions for state, local, property and sales taxes.
2022 STANDARD DEDUCTION AMOUNTS
SINGLE $12,950 (65 or older + $1750)
MARRIED FILING SEPARATELY $12,950 (65 or older + $1750)
MARRIED FILING JOINTLY $25,900 (65 or older + $1400 per spouse)
HEAD OF HOUSEHOLD $19,400 (65 or older +$1750)
Legally Blind + $1750
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