education
What taxes do I pay as a sole proprietor?
Self-Employment Taxes Sole proprietors must pay the entire amount themselves (although they can deduct half of the cost). The self-employment tax rate is ...
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education
What forms are included in TurboTax free edition?
Taxpayers are eligible for TurboTax Free Edition if they file a simple tax return (Form 1040/Form 1040-SR or Form 1040/Form 1040-SR + unemployment income ...
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science
What does it mean when your TurboTax case is closed?
When my TurboTax account is closed does that mean the irs successfully paid my fees from my refund? The IRS does not deduct your TurboTax fees from your r...
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global news
Where can I get my taxes done for free in NJ?
During the tax season, you can find a VITA site near you by calling the IRS at 1-800-906-9887. Site information is also available online by entering your ...
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technology insights
Where in TurboTax do I enter 1095-a?
Here’s how to enter your 1095-A in TurboTax: Open (continue) your return if you don’t already have it open. Search for 1095-A and select the Jump to link ...
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global news
Will Cuomo Offer Early retirement Incentive 2021?
–Pursuant to Legislative Law, Section 50: This bill would provide a temporary retirement incentive during fiscal year 2020-2021. This incentive would perm...
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local updates
What is the order of tax return forms?
Your income tax return forms must be shown first, followed by any additional IRS schedules, forms or statements required for your annual business activiti...
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science
How to get a check from a class action lawsuit?
When you click on the claim deadline, you’ll actually be navigated to where you input your information to get your check from the lawsuit, so the site mak...
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local updates
What keeps you from being eligible for stimulus check?
Individual taxpayers with AGI of $80,000 or more aren’t eligible. The new stimulus check will begin to phase out after $75,000, per the new “targeted” sti...
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business
What does filing a tax return mean?
A tax return is documentation filed with a tax authority that reports income, expenses, and other relevant financial information. On tax returns, taxpayer...
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