How do I change my Federal tax deduction from 25% to 15% on my Social Security?

November 16th, 2024

Since the IRS extended the deadline, will they debit my account on the new deadline now or is it still 4/15? I added bank info to pay my taxes when I filed my return but I didn't select a date and it indicated that it would hit on 4/15, the original deadline.

April 13th, 2024

I received a 1099-MISC from the company paying me royalties from my music and a 1099-K from PayPal where the royalty money was sent. This makes it look like I made double the money. How should I proceed with this? Additionally, I used PayPal to sell some used clothes online for less than I paid for them.

August 7th, 2023

I claimed my daughter as my dependent on last year's tax return, but did not claim her this year. She is filing her own tax return and did not receive the first or second stimulus checks. I received the third stimulus check for $2,800. Since Biden approved that dependents can file and receive all stimulus checks they previously couldn't, will my daughter receive the $1,400 third stimulus check also?

September 20th, 2023

My son came to Canada in April 2020 as a single, 20-year-old from the Philippines. He earned $11,516.00 as a contractor, with no taxes, CPP, or EI deducted from his income. I thought he wouldn't owe taxes if he made under a certain amount. The tax program I'm using says he owes $842.00. Does this sound correct?

June 6th, 2024