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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

I had a question about the way deemed aquisition works for capital gains

Hey. I had a question about capital gains and the way they work. Note : I am neither a US resident or US citizen (which means I am not subject to exit taxes) Lets say that I got 10 amazon shares vested at 150 dollars and I became a resident of Canada... read more

How do i enter estimated taxes

Parent as a household employee

Hello!My mother is a household employee for me and my husband. She watches our kids. Our CPA created an EIN number under my husbands name. Even though technically she is not his mom, but mine, will we be exempt from SS, medicare and unemployment taxe... read more

Question on Section 1256 gain / loss algorithm

Hello, Can someone please provide the Section 1256 gain / loss algorithm for the following transactions which happen within a calendar year? Investor sells a Section 1256 covered call contract which settles for the underlying secutiry (ie, not cash).... read more

Can I get help with my taxes. They are being rejected

TT estimating quarterlies too high in year following large capital gains

I sold several rentals over the last few year and had large capital gains. I have very low income going forward and only my residence, so no significant capital gains or income next yeat. How do I adjust this incorrect assumption about the taxes I wi... read more

TurboTax 2022 is leaving block 5a blank on form 1040-SR but is populating block 5b properly. It is messing up my state tax. Does anyone know of a fix for this?

It won't let me change the form or worksheet. Can it be filled in manually with a pen without raising a red flag? That still leaves the problem with transferring to state.

Do I need to fill out the multiple jobs section? I am single with no dependents and I am filing out the 2024 W-4 Form and 2023 W-4 Form for my new job and have a side job

The side job gig is temporary so not much steady income. I lost my job in March 2024, but I still have the temporary side job gig before I start the new job next week that I am filing out for the 2023 W-4 and 2024 W-4 form for the onboarding process.... read more

I fill my tax information and file all of them with your pakage but i dont know how can i send the file to cra

how can i send the T1 file to cra ?

IRS says they see no return on file but turbo tax says it was submitted

I followed instructions from one of your forums to call and talk to the IRS about my personal federal tax return since it has been over 10 weeks since it was accepted with no change to Where's my refund. The representative from the IRS says they see ... read more

How do I change the TurboTax notification email address, which is a different address from the address associated with my Intuit account?

I am receiving TurboTax notification emails to a different email address than the address associated with my Intuit account. I have signed into my Intuit account online, and can change my main email address associated with the account, but I am not s... read more

AMT carry over error made in Turbo Tac

I too have just found out based on an IRS audit of my 2021 tax return that turbo tax has been applying a carry over credit in error. Now I need to figure out what to do other than pay the $11,500 tax due and interest. I requested they forgive the pen... read more

Need to amend my 2021 return using turbotax cd version but there is an issue with software. it is showing amount due even without making any amendment

I realized a mistake in my 2021 return and need to amend return . I am using the same turbotax software from whre i filed return with no information change and the second I click on amend return , it should show $0 for federal and $0 for state before... read more