For an LLC owned evenly by two 401k accounts, can we list the 401k plan's Trust as the Partnership Representative (PR) on the Schedule B of the Form 1065, and with the Trustee as the PR designated individual? The goal is to avoid directly listing the 401k account holder. Is this advisable, or is there a better alternative?

September 12th, 2024

I have a 1095-B form for health insurance but cannot locate where to enter the information from this form in my tax return. What should I do with this form?

November 19th, 2023

Where can I get 2021 blank forms and instructions to complete my 2021 tax return, including supplementary forms and instructions for disclosing itemized deductions such as donations, mortgage interest, capital gain taxes, property taxes, and others, in the state of TN?

March 28th, 2024

Brother and I split the proceeds from the sale of $534,000 family house. Do we owe capital gains taxes?

February 9th, 2023

I filled out my tax form and obtained a security code, but I lost the form I was ready to send to the IRS. Do I have to start over again, or is there something I can do to find the form?

July 14th, 2024