What is the status of my tax return for the amount of $885.00?

May 4th, 2023

My wife received TDI benefits in Rhode Island after shoulder surgery, which caused her to be out for 5 months. She collected TDI $ which she contributes to in each regular paycheck. Now we have a W2 stating it as income, and our tax consultant cannot negate that claim using Drake Tax Software. We will be responsible for taxes on those $3500. How can we ensure this income is not taxable?

June 29th, 2023

My son has raised his 5-year-old daughter since 2010. The mother is out of the picture but will not sign any papers allowing him to claim income tax refunds for daycare, etc. What other options does he have to receive full income tax refunds for raising his daughter? He is married and they are a true family in every sense of the word. He has tried contacting Revenue Canada but has not received satisfactory solutions.

April 1st, 2024

I moved $13000 in after-tax money to a Traditional IRA in early 2016, representing contributions for 2015 and 2016, and then converted all of this money to a Roth IRA. I have learned that Roth conversions should ideally be done within the calendar year. I received a 1099-R with a $13000 distribution and am unsure how to handle this on my tax forms, specifically Form 8606, and if there are any penalties or additional forms I need to fill out.

December 17th, 2024

My daughter and I live together. She works and has 2 children. Her yearly income is about $15,000. Could I combine our incomes and file our taxes together?

January 9th, 2024