If you are an individual and still can’t obtain a payment plan online, you can fill out Form 9465, Installment Agreement Request. Refer to Form 9465 instr...

House-flipping profits are at a 20-year high According to ATTOM Data Solutions, house-flipping profits have soared to their highest level in 20 years. In ...

57.5 cents per mile The standard mileage rate for transportation or travel expenses is 57.5 cents per mile for all miles of business use (business standar...

According to the IRS website, a number of distinct factors can trigger the review, including the need to verify the following entries on your return: Inco...

Accepted means your tax return is now in the government’s hands and has passed the initial inspection (your verification info is correct, dependents haven...

Yes, you can claim your stepchild as a Qualifying Child dependent (filing as Married Filing Separate) if: The child must be related to you. Your child mus...

Your distribution remains tax-free as long as the amount does not exceed your stock basis. The distribution amount that exceeds your basis is taxed as a c...

In order to qualify for an FHA cash-out refinance, your home had to have been your primary residence for the past 12 months. You can do a cash-out refinan...

Hold down the Windows key plus R to open the Run Window. Click browse and then navigate to the TurboTax CD on your CD/DVD/RW drive. Double click the setup...

Gross income includes your wages, dividends, capital gains, business income, retirement distributions as well as other income. Adjustments to Income inclu...