I’m finalizing my 2021 federal tax return. I have only Social Security income and no W2. When using the Earned Income Credit (EIC) look-back, can I use line 1 on my 2019 1040 even though those wages were earned by my wife who passed away in November 2020? I’m filing as head of household with my youngest son as a college dependent.

April 4th, 2024

I have received a large cash bonus and a significant capital gain this year, which will significantly increase my income and taxes for 2022. My withholding for 2022 is estimated to be $464k, which is more than double my total taxes of $203k in 2021. Given the general rule that estimated tax payments are due if withholding is less than 90% of the current year's tax or 100% (or 110% for AGI >$150k) of the previous year's tax, do I need to make an estimated tax payment by September 15, or can I rely on my withholding to cover my increased tax liability for 2022?

November 29th, 2024

I need help obtaining a copy of 1095-A. I misplaced it or did not receive one via postal service. I need to file taxes. My husband and I both have Medicare Plan G supplements and Medicare Part B. Do we need a 1095-A to file taxes for 2021?

June 21st, 2024

If I transfer my ex-husband's pension to a locked-in RRSP in my name, can I claim that on my income tax for a credit?

July 24th, 2024

I need to change my address with the IRS. I am currently located in Tampa, FL 33617, 73 years old, with no dependents, and typically file electronically through an accountant. My annual income is roughly $40,000. What are the steps to update my address with the IRS?

April 28th, 2024