MO & IL follow the general rule is: your report all your income on your home state return, even the income earned out of state. You file a non-resident state re...
Yo say you made "additional" state tax payments.
In TurboTax (TT), enter at:
Federal Taxes Tab (Personal for H&B version)
Deductions & Credits
-Scroll down to:...
"Gift Tax" is somewhat of a misnomer.Even though a gift tax return may be required, very few people ever actually pay federal gift tax. The purpose of the gift ...
There are two types of dependents, "Qualifying Children"(QC) and Other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related...
Q. Can I use my 2022 income tax refund as an income to file my 2023 taxes?
A. Simple answer: No.
There is a rare circumstance where it is income (you must have...