I just got my account transcript from the IRS and it says 'single' even though I filed as head of household. Did they make a mistake or am I reading it wrong? How can my tax return transcript say head of household and my account transcript say single?

July 8th, 2024

If I own a single member LLC in the United States, can I take a Qualified Business Income deduction from my personal US tax return that is equal to 20% of the LLC's profit, and how does this deduction work?

June 17th, 2023

I received an adjusted refund notice with a response deadline of 6/17/22. I was supposed to receive my refund within 4 to 6 weeks after that, but I haven't received anything. My name is Julia ******, and my social security number is ***-**-****. I was due $1758. When will I get my refund?

November 5th, 2023

I have exceeded my contribution limit for my Roth IRA and need to withdraw the excess amount. I am filling out a One Time Distribution Form to withdraw $5,218.34, which is the excess contribution after accounting for a net loss from selling stocks. The form asks for a Withholding Election. Since the money was already taxed, what should I put for this section?

April 20th, 2024

I sold my condo 3 years ago and never paid the final taxes. How do I find out my tax and what should I do to resolve this situation?

February 21st, 2024