asked
If I choose the standard mileage rate to deduct car expenses, should I use the actual business mileage times the standard rate ($0.545/mile) and then put the result onto Line 6 of Schedule E? Should I also put anything in Form 4562 or other forms?
October 18th, 2023
I am filling out my taxes and wondering what I should do about a 'Hlth' code in box 14 (of the W-2) for the tax year 2018. I am using TurboTax and entered 'Unway' for a donation. Should I ignore the 'Hlth' code and continue?
April 24th, 2024
I cannot locate my 2017 taxes and need the AGI to do my 2018 taxes. How do I access that information without my tax return from last year?
April 6th, 2023
I received a Letter 12C from the IRS and had a premium tax credit of almost $400 each month. I estimated my income at around $21K but claimed $55,000. What should I do? Will I owe money if I send in the form? Additionally, my adjusted gross income for 2018 was $50,969, and I received a premium tax credit of $4,596 based on an income of $21,000. What will happen when they reconcile this discrepancy?
December 23rd, 2023
My daughter filed her taxes and forgot to indicate that she is a dependent on someone else's claim. She is 17 and this was her first time filing. How can I amend her return and my own to correctly claim her as a dependent?
November 20th, 2024
I am using TurboTax to file my federal and state tax forms. I live in Ohio but work in Kentucky. TurboTax is showing that I owe Kentucky $879.00 in state tax, but I thought I wouldn't owe them anything due to reciprocal agreements between the two states. What am I doing wrong?
March 6th, 2024