The first step to maximizing your tax refund - and possibly keeping the
IRS at bay - is to use the correct filing status on your tax returns. If
only it were as simple as choosing Single or Married. But alas, there
are a whopping five (5) filing stat...read more
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
Our 2 person partnership wants to amend our 1065 and add deductions,
reducing the partners' income. It's subject to the BBA and thus the
forms that are needed to submit are the 8082, 8095, and 8096, according
to this page from the IRS. How do you gen...read more
990EZ is the tax filing form for non-profit organizations that bring in
more the $50,000. According to the IRS website, they must be submitted
electronically. The IRS website lists TurboTax as an approved provider
of e-filing but I can't find any ref...read more
info135Posted yesterday
| Latest post 4 hours ago by
Mike9241
On 3-2023 I contributed $7500 to my IRA for 2023. On 2-2024 I mistakenly
contributed an additional $7500 for 2023, both were nondeductible. I
filled out an excess IRA contribution form and the excess was removed in
time on 4-15-2024, incurring a loss...read more
Hello! I'm finishing up my 2024 tax returna dn I couldn't find any solid
answers in the forum or online, so I figured I'd ask here: My spouse and
I are W2 earners and we always have filed MFJ and we live in
California.Every quarter in 2024, I paid my...read more
I have used all the free federal e-filing credits so when I try to get
past the selection screen in the filing section by selecting file by
mail it just say I can't e-file. this is very frustrating, as it seems
to ignore the selection on the previous...read more
RuelPPosted Thursday
| Latest post yesterday by
RuelP
I input accrued interest in Turbotax. It does respond and showed on
Schedule B in 2024. However, I want to find out how they arrived with
that number. It not show me anything. When I back check my 1099-INT, it
is not there either. I input the accrued...read more
gnest02Posted Friday
| Latest post yesterday by
rjs