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
I was on my father's insurance (HDHP) untill September 2021. I got my
own insurance after that with HSA (HDHP). I want to know if I can
contribute the full 2021 amount to the HSA. I am not a tax dependent on
my father for 2021
The FAFSA application asks "How much did your Parent 1
(father/mother/stepparent) earn from working (wages, salaries, tips,
etc.) in 2020". My papers for 2020 are at my accountant's office. Turbo
tax only gives AGI for both of us combined.
Good evening, We own real estate (land) in India and sold one of them.
There is Long Term Capital Gains (LTCG). I have a few questions:The tax
system in India allows adjusting cost of acquisition/purchase price by
indexation (adjusting by using cost ...read more
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Around 2000, my wife and I purchased a piece of property on which we put
a manufactured home for my in-laws to live in. The total cost of
investment was about $220,000 for both property and manufactured home.
Her father was a pastor with limited inco...read more