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I filed my taxes last night for both state and federal. When I checked, I got a message from the federal return that it was rejected because of an error with the last name. I fixed the name and sent in an amended 1040X. The state return accepted the incorrect name. I refiled my amended federal return but noticed there were no amounts in the boxes, just 0's, and no refund showing unlike the first return. Was I supposed to fill in all the boxes on the amended form that were in my first form? I am confused and don't seem to be getting any of this amended stuff right. Could you explain all this?
January 12th, 2023
How do I verify my identity using the IRS 5071C form?
June 9th, 2023
Can a 75-year-old client with $700,000 in a traditional IRA, who is still working full-time and making $100k per year, selectively transfer stocks from a traditional to a Roth IRA? If so, how would this be taxed, and can he choose to transfer stocks that have lost money or have nominal gains?
December 25th, 2024
My husband is a truck driver who leases his truck and receives a 1099 each year. We filed our taxes and received a refund but were not asked to pay taxes. What does this mean?
October 26th, 2024
When can I expect to receive my tax refund?
March 1st, 2023
I have a tax balance due of $4,342 with the IRS and made an installment agreement for $70 per month starting April 11. However, the IRS did not debit my account for the May 11 payment. I made another installment agreement for $200 on Friday. Will there be any penalties if I pay off the remaining balance before 180 days? Additionally, why do I owe taxes to the state of Pennsylvania every time I file, and how can I adjust my W2 withholdings to avoid this? Lastly, if I file my federal taxes through TurboTax, do I still need to file local taxes separately?
March 1st, 2023