Will the state of Utah debit my checking account for my quarterly estimated state income tax? If so, I need instructions for setting it up so my tax preparer can set it up for me.

June 7th, 2024

I am a Schedule C self-employed individual on the 1040. I had a Marketplace insurance plan in 2021 and had to repay an excess advance payment premium tax credit of $2700. Can I expense that repayment on the self-employment income or carry it on Schedule A as a medical expense?

February 13th, 2024

I need to pay my 2022 taxes for $5990. My payment was rejected. Where am I currently located, how old am I, do I have any dependents, what is my typical filing status, and what is my income for the year?

January 10th, 2024

I am trying to decide between forming an LLC or operating as a sole proprietorship and how I would file taxes in Florida. I am 49, married, and have no dependents. This decision is for a future sales representative position, and I am trying to prepare accordingly.

February 10th, 2023

My friend claimed me as a dependent without my knowledge, and I can't get a refund because of this. I made $3,300 from October to December, receive $500 a month from SSDI, and received $21,000 from my grandmother's trust. What should I do about my friend claiming me as a dependent, and how does the $21,000 from my grandmother's trust affect my taxes?

December 30th, 2023