asked
I received a notice from the IRS proposing changes to my 2021 Form 1040 tax return, indicating an additional amount owed of $3,058. The notice states that there are discrepancies between the IRS records and what I filed, specifically regarding the reported income on lines 15, 16, and 24 of Form 1040. The IRS corrected my reported income on line 15 from $41,380 to $55,285, and on line 16 from $4,851 to $7,909, resulting in a difference of $3,058. Additionally, the IRS mentioned that I did not show any deductions, and they corrected this by adding $13,905 to my income. I am unsure why these corrections were made and how to proceed with resolving this issue.
June 20th, 2024
I became a green card holder in November 2022. Can I amend my past tax returns for 2020 and 2021 since I was informed I didn’t get full tax credits due to my immigration status? I filed my tax returns for 2020 and 2021 as a non-resident and paid more tax. Now that I’m a resident, can I amend my taxes for 2020 and 2021 and get a refund?
August 18th, 2024
How is the 2620 Amounts Payable and Accrued Liabilities account calculated for a small business, and what types of liabilities would be included?
February 8th, 2023
I need a new 6-digit IP PIN to file my taxes, but I didn't receive the paper they usually send. How can I obtain a new IP PIN?
September 25th, 2023
I would like to continue our conversation regarding my tax situation. I am unsure about the status of my tax years and need to determine if there are any tax debts for past years and their amounts. What steps should I take to get this information?
May 12th, 2024
I am a 36-year-old surviving spouse and mother of two minor children, ages 3 and 7, of a 40-year-old man who recently passed away. His annual salary has been over $300K for the last 5 years. I assume his benefit is approximately $3600/month. My understanding is that each of the three survivors (myself and my two children) get 75% of his benefit, up to a maximum of 150-180% of his benefit. The family benefit and the surviving children are not taxed, but the spouse is taxed and has her benefit reduced by her earnings. How do we minimize tax and penalty to get the maximum family benefit?
June 26th, 2023