Tax filing status impacts several key areas of your federal tax return:
whether you are required to file, the size of your Standard Deduction,
your tax rate, your eligibility for specific tax credits, and
ultimately, the amount of tax you owe (or the...read more
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
Hello,I had to pay taxes for my 2024 Tax year. I processed it and a
voucher for payments went to the Ohio office. I am from Washington and i
have received a certified letter from the San Francisco office that i
need to make a payment. I have been pay...read more
I have completed Intuit Academy Tax Level 1 Prep + Exam. I have the
badge for the TL1 Exam, but the prep does not appear. I have taken it
multiple times on different browsers/devices, but the badge does not
show. On the progression, it states I alrea...read more
I just got my email today from Turbotax announcing I could download my
2025 TTax ADVANTAGE DELUXE desktop software. I logged in and downloaded
it. When I ran the executable to install, it just went through the
process (as shown by the animated bar th...read more
anotaryPosted Wednesday
| Latest post 2 hours ago by
rudygac
The new additional senior deduction for seniors married filing jointly
adds $12,000 to the standard deduction, an amount that goes down by 6%
for any amount by which the MAGI exceeds $150,000. My desktop TurboTax
Home & Business appears to be using 1...read more
I am a trustee and also a beneficiary of an irrevocable farm trust that
grosses $200,000 per year and distributes profits of over $50,000
annually to 6 sibling beneficiaries of which I am one of the 6
beneficiaries. I am 'paid' $1.00 per year and bea...read more
IowaboyPosted Monday
| Latest post 7 hours ago by
M-MTax