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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
Employee Tax Expert KarenL ‎Posted December 18, 2024
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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
Employee Tax Expert KarenL ‎Posted December 12, 2023
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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
Employee Tax Expert KarenL ‎Posted November 28, 2023
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They were deceased end of 2020. We did not realize there was a few months of interest in year 2023 until now. This would be their final year tax return for their estate.
thisblows ‎Posted yesterday | Latest post an hour ago by thisblows
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The 2024 Cedar Fair tax booklet states that if you have a passive loss to not report the amounts of lines 1, 9c, 10 or 17 (codes A & B) from the K-1 if you have not disposed of your units. It suggests to fill out Form 8582 to keep track of suspended ... read more
ddm_25 ‎Posted 14 hours ago | Latest post 3 hours ago by Mike9241
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I will be itemizing deductions, and can increase charitable contributions by Dec 2025 to lower the MAGI. Has TT 2024 been fully updated to account for OBBB changes?
organdan ‎Posted Sunday | Latest post 3 hours ago by Mike9241
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clopton ‎Posted March 5, 2025 | Latest post 5 hours ago by VolvoGirl
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I am trying to figure out which version of TurboTax I need to purchase to be able to file a schedule K-1. Can you recommend the correct version? Thanks,
jsemmens3 ‎Posted February 10, 2023 | Latest post 7 hours ago by VolvoGirl
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Interest income on Federal obligations are tax exempt in Michigan but TurboTax's MI return does not refect the deduction. What can I do to avoid State taxes on this interest income?
mikehullcpa ‎Posted January 31, 2025 | Latest post 7 hours ago by user17556408599
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deesandra-g00 ‎Posted 13 hours ago | Latest post 7 hours ago by dmertz
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My wife and I are retired and looking to maximize ACA health insurance credits. She will have $11,000 of earned W2 wages for the 2025 tax year (plus significant non-earned income). Can we take a deduction for traditional IRA contributions of $8,000 f... read more
georgiesboy ‎Posted 14 hours ago | Latest post 13 hours ago by Bsch4477
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I have a TV and computer I use for personal reasons, I have no interest in using this for myself. I am a 1099 worker and I bought this to align better with my coworkers tools.
powderjack ‎Posted yesterday | Latest post 14 hours ago by Opus 17
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I can't resolve this error tried new browser, refreshed window, Chrome / Firefox. 2 Credit cards. This can't be on my end at this point. Take my money. Please...
blueeaglewenzl ‎Posted yesterday | Latest post 16 hours ago by DoninGA
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