asked
I was enrolled in graduate school for fall 2011 and spring 2012 semesters. My school charged me the tuition fee for spring 2012 in December 2011 and reported it on my 2011 1098-T form. However, the loans I took out to pay for the tuition were in January 2012. Can I claim those loans taken out in 2012 for my spring 2012 semester towards 'tuition & fees deduction' on my 2012 taxes, even though the tuition amount was reported on my 2011 1098-T form?
June 3rd, 2024
I paid $85 online for an ITIN, but I need an ITIN letter from the IRS to prove my residency in Washington state for driving lessons. What should I do?
May 27th, 2024
Need help filing taxes for self-employment. My wife started a senior citizen babysitting job earning $192 a week and also works as a cashier with taxes taken out. She filled out a W-9 and will claim one child while we file separately. What forms should she fill out, and how should we estimate and pay her self-employment taxes?
March 5th, 2024
I filed my 2018 federal tax extension electronically for free on TurboTax online. I entered $0 as my tax liability by mistake instead of my estimated liability of $3700. I paid $4300 in taxes in 2018 and do not owe any taxes. Will entering $0 as my liability instead of $3700 result in my extension being rejected, and is it okay if I submitted a 2018 federal extension twice with two different websites?
January 3rd, 2023
Can I still claim my student son as a dependent for tax year 2018 if he has earned income and files his own taxes?
August 19th, 2023
I owe $200,000 in taxes and need a 120-day extension to pay. I am self-employed and made $900,000 last year, with some employee write-offs resulting in the $200,000 tax liability. I can pay some of the taxes but need an extension for the rest. What are my options for obtaining an extension and handling the payment process?
October 12th, 2023