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
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
I just spent 1.5 hours on the phone with TurboTax tech support
specialist who advised to uninstall TurboTax and install again. This did
not work - same activation request screen... And the tech person just
disconnected, never called back. Internet is...read more
How can check the box on the 1040 form page 1. about my Main Home being
in the US for more than 6 months in 2025 using Turbotax online?Support
from Turbotax is awful, I don't I'll use it next year, so annoying.
I had my taxes prepared on turbotax online, but before filing got an
error saying the following: Form 4562/Depreciation and Amortization Not
ReadySo I asked an expert if switching to "full service" would fix that.
And they said it would, so I switche...read more
I had $15,000 in medical costs from last year, which included
~$300/month in ACA marketplace monthly premium payments that was offset
by a "subsidy". Now I'm finding, that because I underestimated my income
on the ACA application, the IRS is taking b...read more
blesna1Posted Friday
| Latest post 8m ago by
CesarJ
First my federal refund amount changed to exactly match my state
dropping by almost 4k which took 2 days to correct back to the right
amount now the site isn't updating to show I already received my state
or that the IRS approved my refund and provid...read more