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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

Form 5498 Error

I just received my Form 5498 from E*TRADE/Morgan Stanley and I believe there is an error in box 3. I want to verify what should be included in box 3 before I call customer service for what I'm sure will be a long aggravating conversation. When I subm... read more

Where can I find tax payment for RSU shares traded to cover taxes?

Turbotax says I owe an unusually high amount of federal taxes this year (2023). The problem seems to be the RSU shares that were traded to cover taxes. I'm not confident they are properly credited against my taxes paid. When I delete or add these tra... read more

Cracker Barrel keeps giving me the run around about getting my w2 online what do I do?

Where on a W2 are the taxes paid on your RSUs when they vest?

It's my understanding this should be in Box 14 of my W2, but said box is empty. Only "Box 12c V" is populated with the total value of my shares at vest (no taxes taken out) even though taxes were in fact taken out on the vest date in July 2023 & were... read more

Exclusion of Self Employment Tax (Sch SE) on Foreign Self Employment Income (Tax Treaty)

Hello I am resident in France and have self employment income (Schedule C). This is covered under the totalization agreement with France, as social security taxes are already being paid to France. For this situation no US SE tax is required, and the ... read more

expired driver's license

My mother is 94 and her driver's license has expired. Will she be able to e-file next year without a valid driver's license?

expired driver's license

My mother is 94 and her driver's license just expired. Will she be able to e-file next year without a valid license?

Revised Statement as of April 26, 2024

I just got a notice from my bank that they sent a Revised Statement as of 4/26/2024 of my 2023 Tax and Year-End Statement to the IRS.This revised statement now has information on the Summary of Form 1099-OID box, which previously was empty when I got... read more

My Solo ROTH 401 has mix contributions pre-Post Tax, what do I do?

I have a Solo Roth 401K with my after tax contributions that was deposited on a traditional 401K and then immediately rolled over to the Roth account, however I also have done the same with my company profit sharing which I understand now that it’s a... read more

Why did i not qualify for a free return?

i only have social security and some saving account interest as income yet i need to know why i did not qualify for a frree return ?

When filing separately should the higher or lower income earner claim the child

My wife and I are married and live together, currently expecting our first child. There's a sizable income disparity my gross is around $200k, hers is roughly $45k. Who should claim the child on the returns? In case it's relevant we can't file jointl... read more