Your calendar year 2021 tax return is due on April 18, 2022, however you can request an automatic extension for up to 6 months by filing an IRS Form 4868. The extension allows you to file your return later but it does not provide you an extension to pay your taxes due. If you expec...
but it’s important to remember (don’t forget!) that it doesn’t give you extra time to pay your taxes. Be sure to estimate the amount of tax you owe and make a payment by the April deadline to avoid penalties and interest charges. And remember, if you have any questions or conce...
I have met some expats living full time in Colombia who do not file taxes in Colombia. This is even though they are likely required to file. Be aware that there are penalties, which can be quite stiff, for failing to file if you are required to, even if you don’t have to pay tax...
000, you need to file a tax return. This is still true if you have done any additional work around a full time job, like freelancing, or earned more with a side hustle, like selling on ebay, on top of any earnings from a PAYE job that...
Form 1700– Please use this form if you haveno other sources of incomeother than employment income. With this form, you’ll need to add all employment income and deduct all payroll taxes withheld by your employer(s) and pay the remaining tax due (if any).Since this is used by individual...
Hi, 2022 was a disaster for while I was doing the 1099-K. the person that I usually hire to do my taxes did not knew all the details about this form. since its so complicated with the IRS making changes and making pause, I am ready to file the 1099-K for 20...
The IRS offers a series of directions on its website to help US citizens figure out their taxes. Here’s a rundown of what’s available and where you can find it.
forums instead of a customer service department. From there, we realized that consumers still needed more detailed help solving the most common problems, so we expanded to this set of guides, which grows every day. And if you spot any issues with our How Do I File My Taxes with TurboTax?
If you worked remotely in 2022, you may have to file in two states – and you might owe more than you anticipated.
Making less than the standard deduction will bring your taxable income to zero, which means you owe the IRS nothing if all of your income is from typical W-2 work. However, even if your employer withheld taxes throughout the year, you might still wish to file a return. This will enable...