I cannot afford what I owe. I am 56 years old, married filing separately, and made approximately $115,000 this year due to withdrawing from my 401k. My withholding from employment was $6,500 short. I am already on a payment plan for less than $3,000 and paying monthly. After doing my taxes, I found out I owe $11,450. I've filed for an extension to have my taxes done, but I'm unsure if I can get another payment plan since I already owe more than $10,000 and am on an existing payment plan. What are my options for handling this large tax bill, especially given my high debt and limited resources?
April 26th, 2024
I receive a 1099-MISC for Natural Gas Royalty on unimproved land in Virginia. Royalty income is listed in Box 2, but Rents are also listed in Box 1. I own 50% of the land, but receive a 1099-MISC with only my part of the income. How should I report this on my tax return?
September 20th, 2024
I need to talk to a person live on the phone. My taxes keep getting rejected despite paying all required fees. I am 66 years old, live in Illinois, and file jointly with my husband. My gross income from last year is correct according to our records, but the system keeps rejecting it. How can I ensure my gross income is exactly right and avoid penalties?
April 13th, 2024
The mother of my child and I are not together. He primarily lives with her but she's on SSDI, has no income, and does not file taxes. He has Texas Chip insurance with her. If I file him as a dependent in my federal taxes, will that affect his insurance?
July 18th, 2024
When I try to e-file my tax return, it shows I am missing information from box 15 of my W-2, even though the information is present on the form. I have tried multiple times to reenter the info but cannot proceed with filing. How can I resolve this issue?
March 7th, 2023
I submitted my taxes yesterday. However, I'm not sure if I need to submit taxes for my mother, who died on November 30, 2022. I also need to get an EIN from the IRS for my mother to set up an estate. Will I need an EIN, or can I use her SSN, even though she is no longer alive?
June 13th, 2023