The IRS made a mistake on my federal refund by not applying premium tax credits for health insurance premiums, resulting in a $1,300 overpayment. I have tried contacting them but the call volume is too high. How do I return this money without being penalized or charged interest?

May 6th, 2023

How can I get a copy of my state and federal tax returns?

April 3rd, 2024

I am a 75-year-old US citizen with an income of $12,720 from Social Security in 2021. My wife, who is Indian and had a Green Card, sold her apartment in India in 2021 and transferred the proceeds of $62,737.21 to our joint account in Bank of America. The sale did not incur a capital gain, and 5% tax was paid to the Indian government. My questions are: 1. Will there be a tax in the USA on the proceeds transferred from India, and if so, what would be the tax? 2. Should I file tax returns this year (before April 2022) since tax has been paid to the Indian government and there is no capital gain? 3. If so, which IRS form should I use and what documents should I submit?

June 19th, 2024

What is the tax status of an organization that meets to educate members on political issues, collects about $300 in dues over two years, and currently has no professional account?

April 9th, 2023

I’m in bankruptcy and need a plan to pay back. I’m 71 years old, located in Inkster, Michigan, with a dependent wife. My typical filing status is married, and I made about $48,000 this year. Additionally, I’m repairing my house from a flood in June.

June 28th, 2024