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I filed my taxes and claimed my daughter for the 6 months she was with me, but the TurboTax app mistakenly entered it as the full year. The relative she was staying with also tried to claim her. I need to amend my taxes, but I'm unsure of what to do since the relative has already filed. Should I wait to amend and wait to hear from the IRS?
August 19th, 2024
I lost my IP PIN number for tax filing. How can I retrieve it, and will I receive it by mail or phone?
April 6th, 2023
My Dad passed away in February 2022 and my mom inherited his municipal retirement fund. It was fully cashed out in July and the customary 20% was withheld. It looks like she may owe $56,000 - $82,000 in taxes additionally. How can we bring that number down or eliminate it altogether? She has a Schedule C and can contribute her maximum amount of $61,000 to a SEP IRA before her return is filed. Even though my dad passed earlier in 2022, would his contribution be able to be made?
April 17th, 2024
How should I report the sale of inherited property on my tax return, specifically regarding the use of K-1 forms and 1099-S forms in TurboTax, given that I have already reported a loss from a previous sale and now have a new K-1 with a net capital loss?
May 2nd, 2024
I am having issues with TurboTax because it is asking for information about Employee contributions/Designated ROTH Contributions or Insurance Premiums, which I have never had. TurboTax will not let me proceed without this information. What can I do to resolve this issue?
April 22nd, 2024
I put the wrong banking number on my tax return. How can I fix it?
March 25th, 2023