I downloaded & installed the 2021 TurboTax Premier under Windows 10 and
see that the HSA deduction limit for a person over 50 is incorrectly at
the $4,550 limit for 2020 and not the new $4,600 limit for 2021. The
TurboTax version is [phone number rem...read more
So in the past TurboTax Taxcaster has been fairly accurate ...for years.
However, I just did it for 2021, and I'm getting the lowest refund ever,
WITH the expanded Child Tax Credit. My income is $1,000 lower this year
than last year, but it seems my ...read more
Hi I’m a US resident alien and currently working on a W2 job in USA. i
have recently received a job in Canada and paying payroll taxes to
Canada.Wanted to understand how my taxes change and how do I file my tax
returns in both countries?
Hello,In order to avoid underpayment penalty at the federal level, I
make sure to adjust my W4 to pay 110% of my last years taxes. This year
however I calculated a bit wrong and turns out I am ~3K short.Example:
Like if my last years federal tax was ...read more
I read for section 179, if you buy a new or used SUV, as long as the
GVWR is over 6000, you can write off up to $25,000 in the first year.
Then you can write off all gas and maintenance and toll/parking expenses
in the following years. I spoke to two...read more