Eight years as Tax Expert with TurboTax; Certified Public Accountant (Texas, retired) since 1998; 20+ years of tax accounting, specializing in small businesses and partnerships
If you're a U.S. resident, you'd enter your Canadian CPP and OAS benefits as though you had received a Form SSA-1099 from the Social Security Administration. Se...
The purchase of a new home is not a taxable event. You do receive a deduction for mortgage interest and property taxes, if you are able to itemize your deductio...
If you want to confirm this, you can start a free return in TurboTax Online and enter all the information for the activity you've listed. Then see what TurboTax...
1) If you consider Texas to be your permanent home, then you would not need to file a Texas tax return because Texas has no state income tax. However, if you ha...
Yes, you can report expenses for a leased vehicle on your LLC tax return. Most of the rules are the same as if you owned the vehicle.
You'll find this topic in...