How do I correct a filing date mistake on my corporation tax return for Form 1120, where the IRS has stated I used the wrong filing date, and how do I determine the correct filing dates for subsequent years?

February 1st, 2024

Can I deduct medical expenses that are reimbursed with tax-free per diem long-term care reimbursements on my tax return?

July 8th, 2023

I'm trying to file my 2014 tax return and received a K-1 from an investment. On line 20 of the K-1, there is a star on 20Z, which refers to a statement listing 5 numbers under titles like Gross Income, Gross Receipts, Federal Bonus Depreciation, State Depreciation Adjustment, and Section 743(b) Adjustment. How do I enter these numbers into TurboTax, specifically on the page for entering K-1 information where there is only one box for 'Z-Other Information'? Additionally, how many tax returns does TurboTax allow for free eFile?

July 29th, 2023

I live in California and sold my parents' home last year, which was in a trust, incurring a tax loss. I did not have enough income to file a return in April but filed a request for an extension until October 15th. Can I still recover the capital loss with no income, defer reporting the capital loss until I have sufficient income in another tax year, and do I need to file another extension?

December 29th, 2023

I need help with a rental property loss on my Schedule E of my 1040 from 2013 and if I can carry it over to 2014. I am not a real-estate professional but I am actively engaged in maintaining the property. On what line do I put the loss on the Schedule E on my 1040 for 2014?

February 8th, 2023