I did not earn any income in 2020. I cashed out a retirement account and federal taxes were withheld. I rolled over most of the money after taxes. The amount withheld was $4,870.19, and I rolled over $16,000 with Thrivent. I am 61 years old and had contributed to the retirement account for nearly 10 years. What am I required to file so that the money is reported, and can I get any of the federal taxes back?

October 29th, 2023

We are on Social Security as our only source of income and are over 74 years old. We have someone who wants to buy our other property for $120,000.00 at $1,000.00 per month with no interest on an installment land contract. Will we be penalized because of no interest, and are we allowed to make any amount without paying taxes?

November 8th, 2023

I was working on my son's tax return for Daniel Koslicki, but I didn't have all the necessary documents and already made the payment. The tax return has to be mailed in since he passed away. Will the tax return be deleted after a few days? I am requesting my money back until I receive all documents. Will I be charged twice if I haven't received the tax form for the college payments he made last year? Will the tax return be erased, and I have to start all over again?

December 23rd, 2023

I am trying to file my 2020 tax return with TurboTax E-file, but it keeps getting rejected because it says the 2019 AGI is not correct. I used the number from my E-file 2019. What should I do?

September 20th, 2024

I am putting together my own taxes and have a question about dependents' stimulus checks. I am divorced, and my ex claimed our son for 2019. For 2020, I claim him, but the stimulus checks went to the person who filed in 2019. Is it fair to say that in my filing, I did not receive the full amount of $2900, as I only received $1800? When I adjust amounts to what I received, it shows I qualify for Recovery Rebate Credit, and the refund goes up to the amount dependents received, which is $1100.

October 21st, 2024