Thank you so much for expressing your concerns. Form 4626 is required to file with a corporation tax return unless a filing exclusion applies. Based on IRS Form...
Yes, you can. Just a friendly reminder the self employment income tax is based on"net income" not gross income. You may also pay more stimated tax by 1/15 if yo...
Hi Doclaw67,
Thank you for asking. You did a good job to have extra withholding at your W-2 for your wife's income. Although you have done the withhold, it is h...
Hi justarabbitfortaxes,
Thank you for asking and providing us the information. Although the $3,000 you received is your only source of income. It will trigger S...
Hi Thesharps,
Thank you for asking. First of all, congratulations on starting your own business. Regarding to your questions, I would suggest the following step...
