health
Can I claim my son as a dependent if he is 18?
You can claim someone older than 18 as a dependent if you meet the requirement of the law. If the individual is your child, you can claim them if they are...
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education
Is Utah a good state to form an LLC?
Since, Utah is considered to be an excellent state for start-ups or new businesses; it is also home to some really great upstarts like Tranont with revenu...
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global news
Can Retirees get Social Security without contributing?
The only people who can legally collect benefits without paying into Social Security are family members of workers who have done so. Nonworking spouses, e...
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technology insights
Is there a penalty for not having Obamacare in 2019?
According to healthcare.gov, the penalty for 2018 (paid when you filed 2018’s taxes in 2019) was $695 per adult or 2.5% of your taxable income – whichever...
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local updates
What should be in box 18 on W-2?
Box 18: Local wages. Box 18 reports the total amount of wages subject to local, city, or other state income taxes. Often different than Box 16 and Box 1 (...
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technology insights
How do I apply for Eidl as a sole proprietorship?
To apply for an EIDL, you’ll need: Credit score. IRS Form 4506T. Most recent federal income tax returns. SBA Form 5 (The Disaster Business Loan Applicatio...
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science
Do you still get a stimulus check if you owe taxes?
You will still get a stimulus check if you owe taxes. The IRS will not offset any unpaid taxes against the stimulus provided by the government. The IRS st...
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business
Where do I send my NYS federal tax return?
STATE PROCESSING CENTER, 575 BOICES LANE, KINGSTON NY 12401-1083. Can I mail my NY state tax return? You may file a NY state tax return by mail. The New Y...
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culture
Can H1B and F-1 file taxes jointly?
I am H1B and wife is on F1 Visa, Can we file taxes MFJ? Yes, you can file married filing jointly if you make a written election, signed by both of you, on...
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education
How do I notify the IRS of my bank account?
If you want to change your bank account or routing number for a tax refund, call the IRS at 800-829-1040. What does an IRS account show? Online Account sh...
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