If I already have a bachelor's degree and during my undergraduate studies, I had a full ride paid with grants and scholarships, so I never claimed the American Opportunity Credit. Now, I am in law school and paid $35,000 for the 2022 school year, received $21,000 in grants, and paid $14,000 out of pocket with loans and work. Does this amount qualify for the Lifetime Learning Credit for the $2,000 non-refundable credit?

October 14th, 2023

I need a tax advocate due to financial hardship and help getting my amended tax return released faster. I received a 5747c letter to verify my identity in person, and I'm also confused about why my AGI number changed to a negative amount after amending my tax return.

September 21st, 2024

If you withdraw from a Roth IRA 2 years after establishing it, do you pay a penalty as a result?

March 3rd, 2023

When a person dies on December 2, 2022, do I still file their personal tax return for the year, considering they had income from a job and social security?

January 15th, 2024

In Washington state, if a senior is receiving the county tax exemption and that senior dies, and the family sells the home while the exemption is still active, do they need to pay back taxes?

October 26th, 2024