asked
I would like to know about tax implications for life insurance proceeds after my mom's death. I didn't file taxes last year because I went on disability years ago and don't pay any taxes. I'm unsure about accessing my account online.
April 6th, 2023
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June 15th, 2024
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October 9th, 2024
I haven’t received my tax refund and it’s almost been a year. I filed my 2021 taxes using TurboTax online in January 2022, and it got approved on January 25th. I checked 'Where's My Refund' and it says it's taking longer than usual. The IRS sent me a notice in March correcting my refund from $13,000 to $11,000. I've tried contacting the IRS but can't reach anyone. What should I do?
December 14th, 2024
I am an independent contractor anticipating earned income over $41,000, putting me in the 22% tax bracket for 2022. I have contributed $3500 to a Roth IRA and have funds in an Inherited IRA (Inh IRA) that I have not withdrawn yet. Should I contribute more to my Roth IRA by 12/31/22 to possibly reduce my tax bracket? If I'm already in the 22% bracket, is it advantageous to withdraw most of the funds in the Inh IRA now if it doesn't put me into a higher tax bracket? Alternatively, if I contribute more to the Roth IRA now, might I be in the 12% tax bracket and thus not withdraw any Inh IRA funds for 2022?
October 25th, 2023
Is it legal to make tax-free or tax-exempt investments, and do you have to report them on tax forms or send records to prevent legal trouble?
February 27th, 2024