The first step to maximizing your tax refund - and possibly keeping the
IRS at bay - is to use the correct filing status on your tax returns. If
only it were as simple as choosing Single or Married. But alas, there
are a whopping five (5) filing stat...read more
Be prepared and make tax preparation a breeze! Imagine how beneficial
and stress-free it would be to not rush around last minute gathering
your tax info. You can begin by making a list of what's changed since
last year and gather your supporting docu...read more
The end of the year is more than just holidays, great food, and family!
It’s also the perfect time to make smart money decisions, take action to
reduce your tax liability and give yourself peace of mind! The following
links are filled with tips and s...read more
paid 110% of prior year's tax due for 2025 but due to sale of property
created addtl tax due of 75000. can i just pay the addtl tax when filing
the tax return for 2025
How do I get my return that was filed back on my computer? I just did an
update at Turbo Tax prompt and now the tax return files are gone. What
is the fix?
I'm working through my K-1 in TurboTax and noticed something that’s a
bit confusing. I’ve marked myself as a limited partner (not a general
partner), yet TurboTax is still prompting me with questions about
material participation.From my understanding...read more
I contributed $4,660 to my Health Savings account in 2024 through my
employer (pre-tax payroll deduction) all 12 months in 2024. I plan on
retiring on 8/1/2025 so I have not contributed to HSA since January 1,
2025.I applied for Medicare part A & B o...read more
This year, for the first time, I did taxes for my 95-year-old father,
who files jointly with my mom. I used his TurboTax Online login (after
checking with TurboTax support that this is permitted). I successfully
filed their 2024 returns, both federal...read more
How can I tell if Turbo Tax submitted this to the IRS? I can see in my
state taxes I didn't pay a penalty. (I made 90% of my yearly income
after September 1st, 2024).