When it comes to children and taxes, it’s a confusing topic for many.
Does my child need to file a tax return of their own? Do I need to
include their income on my tax return? We know that if a child is
employed (W-2) they may need to file their own ...read more
Whether or not you have to file a tax return isn’t just about how much
income you earned. Sure, that’s part of it for most taxpayers, but the
type of income also matters. For example in 2025, if your net earnings
from self-employment are $400 or more...read more
Identity theft is real, unfortunately. For some people, concerns about
possible identity theft and security start to grow when a tax filing is
rejected due to a social security number. Often though, an e-file reject
is simply caused by a typo or a de...read more
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
Received a 1099-Q for a withdraw from qualified 529 account for my adult
non-dependent son. All of this withdraw was used for education expenses.
I am able to enter the 1099-Q into TurboTax. I unable to enter education
expenses for the non-dependent....read more
I itemized deductions on my federal form and successfully passed the
checks in turbotax. When I submitted the return electronically it was
returned by IRS for lack of Form 8283, Noncash Charitable Contributions.
Turbotax is not producing, attaching o...read more
Apparently, that form is outdated in the latest version of TurboTax
Desktop. I tried filing 3 times this week, and the software lets me
transmit without a single warning. I appreciate the warning AFTER it has
been rejected, but it should be BEFORE. E...read more