I used TurboTax Premier software to prepare my tax return. There is a $6181 tax on Line 6, which I don't believe applies to me as all my distributions from IRAs are minimum amounts. My income is mainly from a government pension and $18000 in interest from cashing in savings bonds. What could be causing this tax, and how can I resolve it?
October 19th, 2023
My daughter, who is an American citizen with dual citizenship, moved to Canada in 2009, attended college there, and now works as a teacher. She files taxes as a Canadian resident but has been told she should also file a tax return in the US every year despite having no US income sources. What should she do to comply with US tax laws, especially for the years she did not file?
October 27th, 2024
I am employed in sales and work from home. I want to contract (1099) with someone for 10-15 hours a week to do phone calls, set appointments, and complete some weekly reports. This will allow me to be in the field more. Can I deduct the cost of what I have to pay to this contractor on my personal tax returns?
January 15th, 2024
What is the highest credit score one can have?
October 26th, 2024
I need information on claiming income from out-of-country investments, specifically related to cryptocurrencies. What am I allowed to put money into and claim as income?
August 17th, 2024
I am married but have been separated for 4 years now. Am I able to file single?
September 15th, 2024