technology insights
What should I do to prepare my taxes for 2019?
INFORMATION FOR… Visit IRS.gov for steps you should take now for the 2019 tax filing season. Because of changes in the tax law, refunds or tax bills may b...
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Technology Insights
technology insights
Do marriages last after a child dies?
Marriages that have sustained the loss of a child through death experience the same valleys and peaks as any other marriage, just in a more exaggerated fo...
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Why was my tax return rejected by Turbo Tax?
Return was filed my taxes a few days ago on Turbo tax. Return was rejected because the AGI didn’t match the IRS. I checked 2018 return and the AGI is corr...
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How do I track a non-filer stimulus?
You can check your payment status with Get My Payment. Go to IRS.gov Coronavirus Tax Relief and Economic Impact Payments for more information. How do I ca...
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Are there any federal tax forms for 2019?
2019 IRS Federal Income Tax Return Forms and Schedules. You can no longer e-File the Tax Year 2019 IRS and/or State Income Tax Returns or forms. At this p...
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Can I withdraw from my IRA at 63?
Once you reach age 59½, you can withdraw money without a 10% penalty from any type of IRA. If it is a Roth IRA and you’ve had a Roth for five years or mor...
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Can capital losses offset K-1 income?
Your Schedule K-1 loss will first offset long-term capital gains from the same year. If the loss isn’t absorbed that way, it offsets short term capital ga...
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How is a LLC treated in New York?
A single-member LLC (SMLLC) that is treated as a disregarded entity for federal income tax purposes will be treated as a disregarded entity for New York t...
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How is a recharacterization reported?
If the recharacterization occurred in 2020, include the amount transferred from the traditional IRA on Form 1040, 1040-SR, or 1040-NR, line 4a. If the rec...
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Do you have to pay child support with SSI?
No. SSI is not counted as income when calculating the monthly child support order. I am a non-custodial parent and I receive SSDI. Will it be counted as i...
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