asked
I filed my 2019 federal and state (Idaho) taxes in December 2020 using an accounting firm, and now I'm filling out TurboTax Premier for 2020 taxes. Both federal and state tax forms have been rejected twice with the message: 'ND-031-04 - The primary taxpayer's AGI or Self-select PIN from last year does not match IRS records.' I've listed the AGI as shown on line 8b of the 1040-SR form and listed the PIN numbers. Additionally, I have two 1099-R forms: one for a TSP distribution rolled over into an IRA, and another for monthly annuity payments received in 2020. The taxable amount from the annuity is listed as $0 on Form 1040-SR. Is this correct? Also, for Idaho taxes, I'm asked to enter the portion of my pension income eligible for the retirement benefit deduction for civil service. How do I determine this?
October 20th, 2024
Can a company registered as a C corp in 2020 file an S corp tax return in the first year and elect to be taxed as an S corp by attaching Form 2553 along with the tax return?
February 6th, 2023
My daughter-in-law started selling Tastefully Simple products in 2020 and received $163 in commission/bonuses, while spending $155 on website and sample products. She and my son are filing a 1040 with standard deduction. Does she need to file a Schedule C?
October 15th, 2023
This person enrolled for health insurance for the year 2020 and received a premium tax credit based on his income as a single person. In summer 2020, he got married and is now filing his taxes jointly with his wife, but since their combined income is higher than the income on which the premium tax credit was based, they have a balance due. Is there a way to fix this issue?
July 17th, 2023
I work as an independent contractor in Massachusetts doing property inspections. I file taxes on a 1040 form and have a separate EIN number as a sole proprietor. For tax purposes, would it make more sense for me to incorporate? Also, if I incorporate, can I keep my EIN number?
August 14th, 2023
How do I file a discrimination charge against a revenue officer?
September 10th, 2024