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
My wife and I plan on gifting $36,000 each to our single parent and her
two minor children, $108,000 in total. Since the minor children do not
have a checking account can I just make the payment to the single parent
and in the notes of the check indi...read more
bce0Posted 2 hours ago
| Latest post 11m ago by
xmasbaby0
Here is my situation. My wife works in TX and I work in VA. We have
filed the tax jointly. We sold our home in TX in 2023 where we stayed
there for 11 years and move to another property in the same city. I
understand we qualified for the capital gain...read more
maylhPosted 4 hours ago
| Latest post 2 hours ago by
Mike9241
I have an updated K-1 and need to amend my personal return. I can find
lots of reasons to amend a return accept due to an updated K-1, unless I
am missing it. Where do I enter that information.
My son is a student athlete that received a 1099 NEC for work he did as
a coaching assistant. Does he need to file a Schedule C? He performed
this work for 8 months during the school year.
jgarner004Posted 7 hours ago
| Latest post 2 hours ago by
Hal_Al
State refunds recd in 2023 in the Q&A don't match the number on Schedule
1 line 1. The amount reported on Sh1, ln 1 is lower. This could result
in underpayment. TT says Sh1, Ln1 "this is a calculated field", but
doesn't show me a worksheet with the c...read more