I received $5,000 in dependent care expenses through my job and it shows on my W-2 form. I paid this to my mom who takes care of the children. Where do I need to report this and does it become taxable? Also, if I report my mom's information, would she be considered a household employee and would I need to file Schedule H?

March 16th, 2024

I had a premature IRA distribution and the 10% penalty on my tax return seems incorrect. Line 23 shows $2000, but I only took a $10,000 distribution, so the penalty should be $1000. The 1099-Rs are correct. I retired early and used the funds for living expenses. I had 401k rollovers from different places, with two 1099-Rs, one premature and one normal. It looks like the premature distribution is being doubled. I already filed my return before noticing this issue.

April 7th, 2024

My 18-year-old son has 1099 income in 2022. Do I need to file a separate 1040 for him?

March 7th, 2023

I need a pin code for my taxes. My taxes were filed online in January. I am located in Abilene, TX, I am 65 years old, have no dependents, and my typical filing status is 43505. My 6ax4s are filed, and all I need is the pin code.

September 15th, 2023

What form is needed to file a tax extension, and is there a reasonable cause for filing late (e.g., hardship or mistake in filing)?

November 10th, 2024