provide one-on-one question-and-answer support with a tax professional, if requested through our Audit Support Center, for audited individual returns filed with TurboTax Desktop for the current 2024 tax year and, for individual, non-business returns, for the past two tax years (2022, 2023). ...
(2022, 2023). Audit support is informational only. We will not represent you before the IRS or state tax authority or provide legal advice. If we are not able to connect you to one of our tax professionals, we will refund the applicable TurboTax federal and/or state license purchase price...
Trabajar duro durante todo el año para que tu empresa cumpla sus objetivos anuales merece una recompensa y, definitivamente, te has ganado ese bono. Sin embargo, hay que tener en cuenta que los bonos también son considerados ingresos del año, de m
If your tax refund amounts are insufficient to pay what you owe on your loan, you will not be required to repay any remaining balance. However, you may be contacted to remind you of the remaining balance and provide payment instructions to you if you choose to repay that b...
If your boss is one of them, make sure you contribute at least as much as needed to capture your employer's match. Otherwise, it's like walking away from free money. 3. Pay your 2nd-quarter estimated tax payment Avoid end-of-year tax surprises or IRS penalties. If you are self-...
The childcare provider cannot be your spouse or dependent or the child's parent. Qualifying expenses for the Child and Dependent Care Credit You may be aware that daycare fees qualify for the Child and Dependent Care Credit, but the IRS actually considers much more t...
Those who have no money deducted from their income for taxes — such as the self-employed — can encounter problems when it's time to file their income tax returns. One common problem when you’re filing taxes as self-employed is a surprising and substantial tax bill at tax time, es...
That’s why they’re so valuable. To help you take advantage of them whenever you can, here are five other things you should know about refundable tax credits. Some credits are only partially refundable Some federal tax credits – such as the Child Tax Credit and Ameri...
02:45.65] LISA GREENE-LEWIS: Yes. So self-employed, you can contribute to your SEP-IRA. It's very generous in how much you can contribute, and you may get a deduction for what you can contribute. And you can contribute the lower of 25% or up to $61,000 into you...
Depending on the tax credits you're claiming this tax season, you may need to complete Form 1040 Schedule 3. Thanks to a recent form redesign, certain tax credits are no longer included in the standard Form 1040s. Instead, they're listed in a separate form known as 1040 Schedule 3. ...