I am legally married but have been at separate addresses since 2016. My spouse and I have no dependents who primarily stay with me. When I file my taxes, can I file head of household and he file married filing separate at his current address, or do we both have to file married filing separate at our own addresses?
October 20th, 2023
Did I file taxes for 2019? I am 75 years old, located in Cleveland, TN 37311, and I have a 42-year-old son who lives with me and I support 100%. My typical filing status is single, and I made approximately $60,000 that year. My bank account has not been deducted with payment for the taxes I filed on July 15, 2019, and we had an extended deadline of October 15 due to a tornado in our county.
November 22nd, 2023
My wife and I are in our late forties and have recently quadrupled our nest egg through stock market investments, crossing into six figures. We are considering moving our investment into cryptocurrencies but are wondering if there is any way to shelter the gains we have already made from taxes, instead of paying 25-30% on them come tax time. We are married filing jointly, have two dependents, and expect to have roughly 180k in total income this year, including 60k from employment and 120k from investment income.
September 14th, 2023
I filed an amended state return for 2018 prepared by H&R Block and paid the fees. I received a letter stating I owe an additional $1,317. I am 63 years old, filed jointly with my 83-year-old spouse, and have no dependents. What should I do next?
December 11th, 2024
I need a reference report that provides the codes in the U.S. Tax Code that support each of the top ten Taxpayer Bill of Rights (TBOR) laws, listed in order. What steps can be taken to obtain this information?
July 30th, 2024
I need help regarding the ACA Health Insurance Premium Tax Credit. I currently make approximately $25K, which is the income I reported to the Maryland Health Exchange for both last year and this year. Last year, my Monthly Premium for coverage was $535.21, and I received a $447 tax credit, being responsible for the difference. This year, the premium is $518.30, and my tax credit is $283. My income stayed the same, but my monthly premium, my portion, went from $88.21 to $235.30. Does this look right to you? Seems like a big jump considering the numbers. Thanks much for your help!
September 2nd, 2024