I am trying to prepare my taxes using Deluxe Online software and am unable to enter my 1099R information. The program locks up and will not let me enter the info. What can I do to resolve this issue?

March 17th, 2023

I cashed in a 1099-R in the amount of $26,421. I am 79 years old. Will I have to pay more than the regular percentage on these taxes since I withdrew all the funds? The entire amount I received with monthly benefits was $29,733.72, and $496.80 was taken out for Federal taxes and $132.48 for State taxes. They did not take taxes out of the $26,441.00 that I received in a lump sum. I usually got all of what I paid in back as I only have two small retirement checks and Social Security.

February 7th, 2024

I created an LLC in Texas but moved to Virginia. I want to use the LLC for making software from Virginia. Texas imposes a franchise tax of 0.25% to 4%, and Virginia has a personal income tax of 6%. Should I create a new VA LLC or keep the TX LLC for tax purposes? How will the taxes be affected if I use the TX LLC instead of creating a new VA LLC?

December 20th, 2024

I did my girlfriend's taxes about 2 weeks ago through H&R Block. I want to know if her taxes have been processed and sent to the IRS.

September 9th, 2023

Can Schedule C losses be taken 3 out of 5 years since the business started or the previous 5 years if the business has existed for 12 years?

September 13th, 2024