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Are there any new tax credits for 2020?
The maximum credit for 2020 is $6,660 for a household with three or more qualifying children. To be eligible for the earned income tax credit, taxpayers a...
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What is a RRB 1099 recipient?
Form RRB-1099-R is used for both U.S. citizen and nonresident alien beneficiaries. These payments are treated as private pensions for U.S. Federal income ...
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Can I get a copy of my 2008 tax return?
To request either transcript online, go to and look for our new online tool, Order a Transcript. To order by phone, call 800-908-9946 and follow the promp...
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What happens if PPP loan is not used?
If you find that you are ineligible for full or partial loan forgiveness you will need to pay back at least some of your PPP loan. If you don’t apply for ...
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How long does it take to mail a refund check?
That is the same day those checks get mailed. It takes several days to prepare the checks to mail because the checks get separated, stuffed into envelopes...
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Do I get a tax break for buying a house?
Unfortunately, most of the expenses you paid when buying your home are not deductible in the year of purchase. The only tax deductions on a home purchase ...
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Does TurboTax link to Fidelity?
You can import your Fidelity transaction into TurboTax. How do I get my tax information from Fidelity? You may view and download copies of your 2020 tax f...
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Why did I not file taxes for years?
There are a number of reasons that one may not have filed taxes: Perhaps you or a loved one was preoccupied with dealing with a life-threatening illness, ...
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What is the AGI for head of household?
For tax year 2020, for example, the 12% tax rate applies to single filers with an adjusted gross income that’s between $9,876 and $40,125. If you file hea...
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When did I become a self employed therapist?
A little over 10 years ago, I made the decision to go into private practice and be self-employed as a therapist. It was a decision that was both liberatin...
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