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Tax Law Changes & Your W-2 Box 14

With the recent tax law changes, you might see additional information and codes in Box 14 of your W-2. Currently, there are no standardized codes to designate income such as “No Tax On Tips” or “Overtime”. While next year, the W-2 form will include s... read more

Child’s Own Tax Return & Kiddie Tax

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

Do I have to file a tax return?

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

Tax-Related Identity Theft: What Should I Do?

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

Maximize Your Refund: Your Video Guide to the 5 Key Tax Filing Statuses

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 5 Filing Statuses - Get it Right!

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

Jumpstart Your Taxes: Get Ready for Tax Time!

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

Last Minute Tax Tips & Money Strategies!

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

Import 1099 from Etrade not working

I tried to import my 1099 from etrade but I get stuck in an endless loop of selecting the brokerage account (Etrade), then signing in, then "Continue" to import, then the login and import process in a web page (which seems to work) then "Success! You... read more

How do I get my 1099-R Line 7 Code J change to T or different code advice

My 1099-R (Roth IRA) line 7 is listed as code J, the IRA/SEP/Simple box is not checked. Line 2a is blank and 2b is checked. A little Background the account is over 5 years old and I was under 59 1/2 years old when I took the distribution, however I a... read more

2025 install

For 2025 home and business, you need Windows 11. When you install the desktop version on a laptop with Windows 11, but when you try to install the desktop version on another laptop with Windows 10, it tells you to use the online version. Can the lice... read more

What do I do if my mother claimed me fraudulently and falsified her tax documents?

I tried to file my own taxes for my son and I and they were rejected.

I've entered my employers state ID number (KY) from box 15 on my W2 and it's saying that my ID number is incorrect. However, it was the same as last year's, which worked.

Hello,I'm trying to file my tax returns but it is saying that my EIN for Kentucky is invalid for electronic filing. I used the same EIN to file last years returns, but it's not working now. Thank you.

How can I access my 2024 1040 form on turbo tax? It won’t let me view my 2024 when I click download, from smartphone or desktop.

My taxes keep getting denied because I don’t know the exact amount of (adjusted gross income) my 2024 return. My husband filed married joint last year and all the money went to his account. We are separating and not on good terms now, so without dire... read more

Accounting vs Tax softwares for Traders?

How many trades turbotax now can handle? I thought in prior year limit was 2000 trades and for this year I am seeing they list as 10000 trades. Is this change? or does accuracy goes down after certain number of trades? Turbotax is Tax software, and m... read more