Other financial discussions

Getting Over Bad Money Decisions

Last week, on the Turbo blog, we talked about ways to forgive yourself and move on from past financial mistakes. CFSW, Marsha Barnes, shared five key ways to move on and get better with your money: 1. Recognize previous spending behaviors and forgive... read more

Community Chatter: What do you wish someone told you before making a big financial decision?

Covid-19 has really transformed many aspects of our lives, and finances are one of those hot topics. Maybe you’ve been more interested in tackling those pressing home projects, because you’ve been spending more time at home,? Pondering a carpet refre... read more

Covid-19 (Coronavirus) personal finance thread

Hello everyone, we know these uncertain times raise questions for all of us. We've collected helpful tips and resources here: https://blog.mint.com/updates/mint-money-hub-what-to-know-about-coronavirus-covid-19-and-your-finances What other questions ... read more

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Capital gains

Hi, if I transfer my home that I’ve lived in for 4 years and is fully paid off to my brother using a quick claim deed and gift it to him with no money exchanged and he sells it does he also get my “holding period” so he isn’t charged as much capital ... read more

bill

i need my money back you charge me 130.32 i wont thas product that you ofer me wwwwwrrtthhhhhh....

Hawaii Tax on Sale of Rental Properties

I sold two rental properties in 2020, one a Hawaii sited property (at a gain) and one a non-Hawaii sited rental property (at a loss). I ran the rental properties as a single business, and the sales constituted he closure of that business, so unrealiz... read more

IRS Portal Now Open; Status Shows Turbo Tax Didn’t Give Enough Info For Me To Receive Payment

So everyone knows the IRS Portal is now open for you to adjust your direct deposit information if you need to. First it will let you check your status-then it may allow you to update your payment method. I was able to do so successfully. I was not im... read more

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Money

What happened to the 1800 I was supposed to get for covid

foreclosure

My home was foreclosed ion and sold and sent a notice it went above asking price will this taxable inTexas considered a lost are income.

Giving Loan to a Relative (in India)

I plan to lend money to my brother-in-law living in India. To emphasize here, this is NOT a gift and it's a loan that he will repay me. I wanted to check1. What are the limits that IRS mandates (for the current year 2021) on such loans?2. To stay cle... read more

Temp loan To Family

I need to let a family member Borrow 11k for a down payment. I will get the money returned once the current home sells. The financial institution wants me to pay the Loan people directly. If I do that and then the money is returned directly to me how... read more

Advanced Child Tax Credit Update

How do I alert the IRS that I’m pregnant and due oct 2021 to include that newborn in my advanced child tax credit

IRS ID verification address for an apartment

Hi, I got a 5071C letter and I'm trying to get my stimulus check. I need to verify my identity on the IRS website but I don't know how they want me to put in my address since I live in an apartment. I've tried so many combinations of my address that ... read more

AGI adjustment for 2020

I've seen conflicting information from the IRS and TurboTax. Here's a scenario: 2020 AGI as filed before the stimulus bill was $169,500Married, filing jointly with each spouse receiving more than $10,200 in unemployment I saw an IRS published clarifi... read more

Federal taxes approved but says it's still pending.

So I changed my address with the IRS back in March. They still haven't updated my info. Also I filled my taxes in April and received my state refund but my federal refund is still pending but was approved.what should I do?