I received a letter stating that my tax return has been corrected. The letter mentioned lines 6, 8, and 11 were corrected. I filed my return using Tax Act software in March and made an inquiry on May 24, 2021, but never called them. What does this mean and what should I do?

June 1st, 2024

How can I check the status of my tax refund?

December 1st, 2024

Where is my refund mailed on 3-12-2022 for $597.00 for the 2021 tax year?

May 1st, 2023

We bought a townhome in May 2011, used it as our primary residence until July 2016, and rented it out from July 2016 to August 2022. We claimed depreciation for the last 6 years. If I sell this property, can the gains be used to pay off the mortgage of my primary residence that I am planning to rent out as an investment property? Does this transaction qualify for a 1031 exchange? Additionally, what are the tax implications for the depreciation claimed on the rental property, and are there any capital gains deferral options like Opportunity Zone Funds (QOF) that I could consider?

May 6th, 2024

How was my penalty amount of $77.95 determined?

November 20th, 2024