updates

Who is not eligible for a stimulus check in 2020?

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...

Jun 09, 2026 • 1 READS

updates

When you sell your company do you pay taxes?

You want to do that because proceeds from the sale of a capital asset , including business property or your entire business, are taxed as capital gains. U...

Jun 09, 2026 • 1 READS

updates

What kind of tax form is Social Security 1099?

A Social Security 1099 or 1042S Benefit Statement, also called an SSA-1099 or SSA-1042S, is a tax form that shows the total amount of benefits you receive...

Jun 09, 2026 • 1 READS

updates

What are the withdrawal and distribution rules for a traditional IRA?

Traditional IRA Withdrawal and Distribution Rules. A traditional IRA can be a great retirement savings tool, but it can also be a great tax planning tool ...

Jun 09, 2026 • 1 READS

updates

How much does TurboTax usually charge?

TurboTax Plans and Prices TurboTax Free – Cost: $0 + $0 for each state return ($0 for TurboTax Live) TurboTax Deluxe – Cost: $40 + $40 for each state retu...

Jun 09, 2026 • 0 READS

updates

Can I amend my tax return to remove an adult dependent?

If you are claiming adult children as dependents, they can still file their own returns. However, they can’t claim a personal exemption. If they aren’t yo...

Jun 09, 2026 • 1 READS

updates

How much do you get for claiming head of household?

There’s a good reason many people want to claim head-of-household filing status with the IRS: It’s a great deal. The head of household can claim a 50% lar...

Jun 09, 2026 • 1 READS

updates

How do I find an address for Social Security?

Go to the My Profile Tab on my Social Security. This service is not currently available to people who receive Supplemental Security Income (SSI) or do not...

Jun 09, 2026 • 1 READS

updates

Do you have to file back taxes if you did not pay last year?

Back tax returns cannot be filed electronically. You will need to include any payment you owe when you submit your prior year return. Since you did not fi...

Jun 09, 2026 • 1 READS

updates

What does it mean when non-filers get accepted?

What that means is that the IRS accepted your tax return. The non-filers website contracted by the IRS takes the information you give them to create what ...

Jun 09, 2026 • 1 READS