Everyone knows there are tax benefits to having children and dependents
and some are pretty amazing! If you’ve ever had questions about the
popular Child Tax Credit (CTC) or Earned Income Credit (EIC), this is
the place to be! TurboTax does the think...read more
It seems the most popular question at tax time is “Can I deduct this…?”.
Of course you don’t want to pay more taxes than you need to; and you
want to get all the tax deductions and credits you’re entitled to take.
The resources below have helped many...read more
Why isn’t there an update option on the “What do you need to change on
your return?” screen to amend carry over information from 2021 to 2022
Windows Desktop Premier version? The update will not only appropriately
handle losses etc. but should also p...read more
Hi IRS primary residence definition is vague. I am finding hard time
find out my the last date of primary residence for Publication 523 tax
exclusion. I purchased my pervious place in 2018 and current place in
2021. I changed my USPS address on May/2...read more
frank790628Posted yesterday
| Latest post an hour ago by
rjs
I was using a vehicle that I was still paying on for the majority of
2023 for personal and business use. In October I traded that in and got
a different vehicle which was being used for personal and business
usage. I am not sure how to file taxes and...read more
Here is my problem. My wife had two different employers in 2023. Both
contributed $22,500 to a combination of traditional 401K and Roth 401K.
We confirmed this only after we filed our taxes (turbotax did give the
notice) and after April 15th, 2024. W...read more
I work remotely for a health information vendor company based out of MA.
I live full time in NC, and all work in performed in NC, however MA
state taxes are taken from my check. How does this work come time to
file my taxes? I am a W2 employee.
kenpre93Posted yesterday
| Latest post 7 hours ago by
TomD8
Hello, husband is US citizen and works in UK w/ working visa, some
places he pays taxes ( he’s a musician). He has not filed taxes in US of
the overseas work. Is this Ilegal?
El42Posted yesterday
| Latest post 9 hours ago by
Opus 17
I sold my home on a contract I lived in for 9yrs it had no mortgage on
it . Now it's paid in full by the buyers and I'm told I have to fill out
a w-9 for IRS by attorney that's drawing up new deed for buyer ? it was
only 50.000 over 9 yrs of monthly ...read more
I receive SSI benefits and do not work, therefore do not pay taxes. I
take surveys online and receive rewards in Amazon gift cards. The
rewards are inconsistent and vary month to month. I am wondering if
without ever working and never paying taxes do...read more
If I were to purchase a used EV and utilize the $4000 credit upfront on
the purchase (assuming all qualifications are met) and then trade that
in for a new EV later in the same year, can I then also claim the $7500
credit upfront (assuming all qualif...read more
Question - My wife and I are both self employed for different
buisnesses. Married filling joint. We both have seperate work events in
the same city that are on the same day. If we both travel by car
together, can we both individually write off the mi...read more
Hi ,I am USA citizen residing in USA , I am going to sell my property in
foreign country and want to bring the money to USA , I would pay the
property gain tax in foreign country/government ,Couple of Questions:1)
so do I need to pay tax in USA while...read more
annava17Posted Wednesday
| Latest post yesterday by
pk