How do I claim my social security benefits at age 68, with no dependents, and a single filing status?

June 23rd, 2024

Do I need to file taxes or report gifts received from family members if I have no other income and the total amount of gifts is below the gift tax exclusion limit?

August 15th, 2024

How do I file an extension since I have been in the hospital and rehab for 3 months due to a broken hip?

September 3rd, 2023

I received $5,000 in dependent care expenses through my job and it shows on my W-2 form. I paid this to my mom who takes care of the children. Where do I need to report this and does it become taxable? Also, if I report my mom's information, would she be considered a household employee and would I need to file Schedule H?

March 16th, 2024

I had a premature IRA distribution and the 10% penalty on my tax return seems incorrect. Line 23 shows $2000, but I only took a $10,000 distribution, so the penalty should be $1000. The 1099-Rs are correct. I retired early and used the funds for living expenses. I had 401k rollovers from different places, with two 1099-Rs, one premature and one normal. It looks like the premature distribution is being doubled. I already filed my return before noticing this issue.

April 7th, 2024