asked
I sold part of my land. What percentage of the sale do I have to pay in taxes, and how is my tax bracket determined?
June 15th, 2024
I am filing my taxes using the 1040 form and have verified my AGI with the IRS, but my filing is being rejected due to an AGI mismatch. What could be causing this issue and what should I do to resolve it?
January 24th, 2024
Where do I enter 1099-C in a regular C corp return?
March 18th, 2024
I made $26,907.18 and paid $1,737.18 in federal taxes. Why do I owe an additional $1,400.00 in federal taxes? I am 68 years old, married filing separately, and have no dependents. I also receive social security retirement income. My employer seems to be taking only 6% in federal taxes, while my tax preparer suggests they should be taking 12%. How can I ensure my employer is taking enough federal taxes, and how do I avoid owing additional federal taxes in the future?
May 13th, 2024
Trying to get my IP PIN. I am located in Calumet City, Illinois, 57 years old with no dependents, and made approximately $37,000 this year. What is the process to retrieve my IP PIN?
February 18th, 2023
Do I have to report rental income from my daughter, and can I claim expenses incurred from this property even if I visit once a year?
September 19th, 2023