Will I get in trouble if I file head of household if married?
Penalty for Filing Head of Household While Married Head of household rules are strict. If you incorrectly choose head of household as your filing status, ...
Category: Updates
What does it mean when it says our records indicate you are not entitled to efile one or more Formsets?
What does “Our records indicate that you are not entitled to efile one or more formsets.” mean? It means that one or more forms aren’t available yet to e-...
Can unmarried couple file joint taxes?
In addition, joint filers are eligible to take a standard deduction that’s double that of a single taxpayer. However, since the IRS only allows a couple t...
What is the taxability of Social Security benefits?
between $25,000 and $34,000, you may have to pay income tax on up to 50 percent of your benefits. more than $34,000, up to 85 percent of your benefits may...
Can I reprint confirmed EIN letter?
If you have lost your EIN Verification Letter from the Department of Treasury, you can request a new one. To do so, call the IRS Business & Specialty ...
How do I gift a car in PA?
A copy of your current insurance identification (PDF) card is required if registration is to be issued. VIN verification is required for out of state vehi...
What is the name of the form you have to send in if you have a foreign bank account?
located outside of the U.S. But you may be surprised to know that just by keeping your money in a foreign account, you might have special reporting requir...
How do you determine lane position?
Lane position is the placement of your car in the center, on the right, or on the left of a lane. Use these different lane positions to make adjustments f...
What happens if my ex-spouse refuses to sign the final?
That sounds a little confusing but the deal is that if a party does not file an Answer by this deadline they are in “Default” and there are consequences t...
How do I report reverse exchange?
HOW TO REPORT THE EXCHANGE. Your 1031 exchange must be reported by completing Form 8824 and filing it along with your federal income tax return. If you co...
