This is my third season as a Lead for TurboTax Live. Prior to that, I was a Full Service Expert and a Tax Expert. Over the 50 years that I have been doing taxes, I have seen many changes in taxes and tax preparation. I am a credentialed expert.
Hi Glohgloh!
Yes, if you have dependents that you can claim, they can be added to your tax return by filing an amended tax return on Form 1040X. Don't forget t...
Hi Shareintl
The move from WI to MO has no effect on your federal taxes, but will effect the filing of state taxes. Income earned in WI, whether it is reported...
Hi Canderson145!
Yes and No is the answer to your question. While electing Single 0 might reduce the effect of owing as more would be withheld from your taxes,...
High V90enterprises!
Your question is two-fold - First, can you save taxes doing your options trading through an LLC versus reporting it on your schedule C. If...
You are correct, rental expenses are only deductible in the year paid. The repairs and maintenance costs incurred preparing the property to be in shape to be re...