asked
I am trying to understand my tax situation. My tax transcript shows a tax return of $2400, an account balance of -$2400, and W-2 withholdings of -$4800. I am located in Indiana, 38 years old, married with two children, and made approximately $83k this year. What does this mean for my tax liability?
December 5th, 2023
I retired in May 2024 at 70 years old. I'm drawing my Social Security benefits and a pension paid monthly. I received my W-2 from my job. What else can I expect to receive? I heard about a 1099. This is a first for me.
September 26th, 2023
I had to pay estimated taxes for one year while I was a 1099 employee. Now that I am strictly a W-2 employee, how do I stop the bill for estimated taxes?
January 31st, 2023
I need a 6-digit IP PIN to file my tax return, but H&R Block is telling me that without it, I won't receive my check. I've tried everything and am now seeking assistance to retrieve this PIN.
March 7th, 2024
I am 79 years old and receive Social Security and a retirement check from my husband's benefits, totaling around $6,000 a year. Do I have to file a tax return?
November 19th, 2023
I have a long-term capital gain tax and need to make quarterly estimated tax payments. I realized a long-term capital gain that will result in approximately $65,000 in taxes for the year. I am unsure whether to pay the full amount of the capital gains tax in April or split it into four quarterly payments. Additionally, I am concerned about meeting the requirement to pay 110% of my 2023 taxes, as this amount would cover the full capital gains tax plus my regular W2 income tax, which is similar to last year's amount.
August 7th, 2024