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 owe state taxes after doing an amended return. How do I see how much I
owe and how do I pay it? On top of this if I'm not able to pay now can I
pay around next tax time?
I have an error on the temporary easement income and not sure how to
answer the question This is strictly rental income fora temporary
easement. It wants me to report the number of days the rent is for. I
have absolutely no idea If I leave it blank i...read more
I had an excess 401(k) contribution in 2023 and received a 1099-R with
code P in 2024. I was instructed to amend my 2023 return to include the
taxable portion of the excess contribution (earnings) and that the
remaining excess contribution would be r...read more
I input accrued interest in Turbotax. It does respond and showed on
Schedule B in 2024. However, I want to find out how they arrived with
that number. It not show me anything. When I back check my 1099-INT, it
is not there either. I input the accrued...read more
I have a disbursement from a 403b account that came from the post-tax
distributions I have received over the past seven years. The total
distribution was $70K but the taxable amount (box 2a) was only $55K. I
have this entered correctly in my desktop ...read more
willgalPosted 7 hours ago
| Latest post 6 hours ago by
VolvoGirl