Is the occupation listed on a 1040 important, and should it be consistent with prior years? Additionally, is it a problem to file a paper return printed on both sides?

October 16th, 2023

My client is a retired public safety officer. His retirement system deducts health insurance for him and his wife from his annuity payment and pays it directly to the health insurance provider. They are both self-employed. Can they take a deduction for self-employed health insurance through this type of arrangement? I know he can deduct up to $3,000 from his annuity income, but is it possible to deduct it on 1040 line 29 instead of on line 16b, or can it be deducted on 16b and his wife on line 29? I am not sure how insurance through an annuity works for self-employed individuals.

August 4th, 2024

Why was my wife's tax return filed with my information, resulting in her refund being withheld due to a debt owed by the Department of Defense, even though I explained to the tax preparer that I have not been required to file taxes since 2007 due to injuries in Iraq?

April 25th, 2023

I have three forms of income: Social Security Disability, Veterans Disability, and a private disability policy. I am currently separated from my spouse and have always filed jointly. I need help with filing my taxes and understanding if I need to file any forms since all my income is from disability. Where can I find the correct forms and information on how to file correctly?

June 28th, 2023

I received money from a foreign country in 2015 and 2016, over $500,000 each year, which I forgot to file in my tax returns. The money was received from my husband's parents and went to my husband's account. I do report my taxes and now I know these amounts need to be filed. What should I do, and do I need to file separate forms for each year?

March 14th, 2023