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
Also, I have an Activation Key, but TurboTax says I should have also
received a License Code with my Costco Order Verification, but I did
not. So, how do I download it with just the Activation Key?
Mr-DJPosted 5 hours ago
| Latest post 4 hours ago by
VolvoGirl
I have an amount coming up on line 1a. I am confused why there is an
amount here. We did a total distribution for the K-1. Where is this
amount coming from or even why? Thank you.
keyviePosted 9 hours ago
| Latest post 5 hours ago by
M-MTax
My income for 2023 was artificially high due to extraordinary
circumstances. In 2024, my income will be just Social Security payments,
interest and dividend income. I am retired and have no withholding this
year yet. Turbo Tax has calculated that I s...read more
I own a house abroad and get rental income from it. I pay income taxes
on the rental income in the foreign country. Because of how the FTC is
calculated, I get a very small credit each year, and a large chunk of it
is carried forward. In a few years,...read more
smicpPosted 11 hours ago
| Latest post 6 hours ago by
pk
I get no benefit from Maryland for dependents (I make too much), but my
child is getting hosed on their small income. I want to claim my child
on my federal return, but not on my state return, and my child's federal
return will show them as my depend...read more
SonomaOakPosted March 31, 2024
| Latest post 8 hours ago by
Opus 17
I sold shares in Indian Companies bought before becoming a resident of
US. I presume that I will get a free allowance of $47000 of LTCG for
2024. On the balance of long term capital gains of say $20000, the tax
payable is about $3000. If I pay long t...read more
ramanathan1720Posted 15 hours ago
| Latest post 13 hours ago by
pk