I immigrated to the US on 2/26/2022, resided in Jersey but worked in NYC till 5/31, then worked in MA until 12/31. I filed a 1040 based on advice from CPAs and acquaintances. However, I feel I need to file a dual status return. Is that correct? If so, do I need to file a 1040X along with the dual status return? If I amend my return after receiving a refund and end up owing money, how does that work? Could filing the wrong form lead to jail time? Should I amend my return or leave it as is, given that all other information in my returns is accurate?

August 16th, 2023

How can I pay for an extension? I am in Milwaukee, 76 years old, with one grown dependent. I tried to do TurboTax but it came back saying I need to pay $300.

February 10th, 2023

How can I obtain my Adjusted Gross Income (AGI) from my 2021 tax return to complete my 2022 tax return?

April 29th, 2024

I won $2100.00 at a video lottery game. How can I pay taxes on it?

November 25th, 2023

I need assistance completing our 2022 joint tax return, which I filed an extension for. I exercised, sold, and held ISOs, and need to figure AMT. My spouse and I are both retired and drawing Social Security. I am concerned about taxable Social Security, gain on sale, and sizable tax liability for 2022. I have an accounting background and have filed our taxes for years, but I believe the short-term gain and AMT will result in a significant tax liability. We have a financial advisor, but she is not a tax specialist.

December 28th, 2024