I am filling out my annual recertification for my Section 8 voucher. I receive SSA and low-income VA pension, and no taxes are due. What documents do I need to provide, and how can I obtain a Verification of Non-filing Letter from the IRS if required?
April 3rd, 2023
I received a notice that my refund cannot be paid via direct deposit and will be mailed by check in 3-4 weeks. The notice states they will mail my refund check since August 8th, 2022. Why couldn't I receive the check, and what should I do to track or expedite my refund?
July 5th, 2024
I am applying for a business loan and the lender is asking for tax forms from 2021. What form am I specifically asking for from my accountant?
August 27th, 2024
I filed my Federal and Illinois state taxes through TaxAct online and received a letter from the Illinois Department of Revenue stating I owed $1517.93 more in taxes than the original $7704.00 on my TaxAct return stated. I sent the letter saying I didn't agree with copies of my federal return page 1 and my W2 and 1099R forms. I just got another letter stating they still feel I owe the extra money. What should I do about this notice?
December 9th, 2023
How do I complete a final tax return (Form 1041) for a revocable living trust where the estate cash assets were less than $4,000, and the only significant asset, a home, was sold with proceeds of $106,000 each distributed to the new grantors, Pamela and Jeffery, according to the trust instructions? Specifically, how should the sale of the property be reported on the 1041, and does the trust need to report the financial distribution to the grantors on a K-1?
July 7th, 2023
I received a letter from the FTB stating I made 50% more income in 2021 and owe $3k, and they can't confirm my State income tax. I filed married-filing-separate and may have incorrectly entered my spouse's SSN on my TurboTax form. What should I do?
December 13th, 2024