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May 3, 2025
10:58 PM
no return or even a schedule in your 1040 because you never had a business
May 3, 2025
10:56 PM
are you trying to use turbotax business? if there is no partner and you have not elected S-Corp taxation , you don't file a separate return. the income/loss is reported on the appropriate schedule in...
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are you trying to use turbotax business? if there is no partner and you have not elected S-Corp taxation , you don't file a separate return. the income/loss is reported on the appropriate schedule in your 1040 return.
May 3, 2025
10:46 PM
you can claim him if all these tests are met
1) he's under 19 at the end of 2024
2) detention is at a juvenile facility
3) you're older
May 3, 2025
9:00 PM
No, you do not file as head of household. Head of household has a special meaning on a tax return. It does not mean that you are the person in charge of the household or the person who pays the bills...
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No, you do not file as head of household. Head of household has a special meaning on a tax return. It does not mean that you are the person in charge of the household or the person who pays the bills. Head of household is a filing status for a single person with a child. To file as head of household you must meet all of the following requirements.
1. You are unmarried or considered unmarried on the last day of the year.
2. You paid more than half the cost of keeping up a home for the year.
3. A qualifying person lived with you in the home for more than half the year (except for temporary absences, such as school). However, if the qualifying person is your dependent parent, he or she doesn't have to live with you.
If you are not married and you do not have a qualifying person, such as a child who is your dependent, then you cannot file as head of household. You have to file as single.
May 3, 2025
8:42 PM
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May 3, 2025
8:39 PM
I live alone and pay all the bills should I file as head of household?
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May 3, 2025
8:26 PM
1 Cheer
"If you only have self-employment income your earned income is the Net Profit on Schedule C line 31 minus 1/2 the SE tax (the amount on Schedule 1 line 15)." That's how net earnings are determine...
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"If you only have self-employment income your earned income is the Net Profit on Schedule C line 31 minus 1/2 the SE tax (the amount on Schedule 1 line 15)." That's how net earnings are determined for income-tax purposes However, for Social Security purposes, net earnings are the amount on Schedule SE line 4c. Generally that would be 92.35% of net profit. 42 USC § 411(a)(11) The IRS reports to the Social Security Administration the amount on Schedule SE line 4c.
May 3, 2025
8:22 PM
It does'nt give me the option to change this.
May 3, 2025
8:09 PM
1 Cheer
Pay attention, I'll teach you some basics about TurboTax..... The TurboTax application creates and saves by default a proprietary file that can only be opened by the specific TurboTax application. A...
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Pay attention, I'll teach you some basics about TurboTax..... The TurboTax application creates and saves by default a proprietary file that can only be opened by the specific TurboTax application. At some point you have the option to print out the tax return from within the application. One of the options is to print to a PDF file, so now you know about the PDF file creation. As for the application, it's my business what I choose to do with it. As it stands now, TurboTax has violated the license agreement by disabling the application proving itself a dishonorable company and not trustworthy.
May 3, 2025
8:06 PM
Combined income under $25,000 (single) or $32,000 (couple): Benefits are not taxed.
Combined income of $25,000 to $34,000 (single) or $32,000 to $44,000 (couple): Up to 50 percent of benefits can...
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Combined income under $25,000 (single) or $32,000 (couple): Benefits are not taxed.
Combined income of $25,000 to $34,000 (single) or $32,000 to $44,000 (couple): Up to 50 percent of benefits can be taxed.
Combined income above $34,000 (single) or $44,000 (couple): Up to 85 percent of benefits can be taxed.
May 3, 2025
8:04 PM
Your state tax agency can tell you.
May 3, 2025
8:02 PM
Complete this form and give it to your fiduciary.
https://www.irs.gov/pub/irs-pdf/fw4p.pdf
May 3, 2025
7:59 PM
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May 3, 2025
7:50 PM
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May 3, 2025
7:49 PM
Ein hasn't been cancelled yet
May 3, 2025
7:40 PM
My income is very small. Why is my Social Security taxed so high?
May 3, 2025
7:33 PM
1 Cheer
Consider it a gift.
May 3, 2025
7:32 PM
It keeps saying that I need to upgrade to deluxe!!!!!
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May 3, 2025
7:22 PM
For contact information, go to the following link and click the name of your state.
How do I contact my state Department of Revenue?