asked
When entering health insurance for medical expenses on Schedule A while doing taxes with online software, do I enter the amount I actually paid out of pocket for premiums, or do I use the total at the bottom of the 1095a, 'monthly enrollment premiums' from part III, column A?
July 3rd, 2023
Sold ESPP shares and am subject to AMT as I made about $250k. I know to adjust my cost basis on the 8949 but do I need to enter something different for AMT cost basis or make any AMT adjustment to gain or loss?
June 26th, 2023
Hello, I have an LLC (sole prop) and would like to file an extension. I estimate that my tax owed is $0. Does this situation require special handling beyond submitting form 4868?
December 3rd, 2023
I am applying for an EIN number for an irrevocable trust. I am the grantor. Can I use my information for the trust, and what does it mean if the trust is filing as an estate under Section 645?
June 23rd, 2024
I am an F1 student who entered the US on August 14, 2017, and received a total of 240K dollars from my parents, with 190K sent to my US bank account before I entered the US. Am I considered a US person before I entered the US, and do I need to fill out Form 3520?
January 18th, 2023
I have a dependent who is 18 years old and we claim on our taxes. He received a 1099-INT (<$1050) and a 1099-Q (all used for education expenses). Does he need to file a separate tax form? And since the entity reported the 1099-Q to the IRS, do we need to also file it on our taxes?
July 27th, 2024