Why is TurboTax charging me for premium?
The Premium Services bundle is an optional add-on package offered to customers using a paid version of TurboTax Online with a California state return who ...
Category: Updates
Can I run a small business without an LLC?
You don’t need an LLC to start a business, but, for many businesses the benefits of an LLC far outweigh the cost and hassle of setting one up. You can als...
What was it called when we went from 1999 to 2000?
What Is Y2K? Y2K is the shorthand term for “the year 2000.” Y2K was commonly used to refer to a widespread computer programming shortcut that was expected...
Where do I report charitable contributions on k1?
Individual (1040) Cash charitable contributions may be entered on the A screen, line 11. An entry can be made on the A screen > line 11 Qualified cash ...
When did I Rent my Home for 5 months?
Mine was my primary home for 2.5/5 yrs, rented 3 months in 2016, vacant for 5+ months, sold in Sept 2016. Are all utilities, insurance, taxes reported on ...
Is there a difference in Social Security at age 70?
“For example, your monthly payment can be as much as 32 percent more starting at age 70 than what you would have collected at age 66.” Did You Know: The S...
Can I contribute to a Roth IRA if I am 72?
Key Points. Under the SECURE Act, you can contribute to a traditional IRA after age 70½. Required Minimum Distributions still apply to traditional IRAs at...
Do you have to file Form 1065 with IRS?
All partnerships in the United States must submit one IRS Form 1065. The IRS defines a “ partnership ” as any relationship existing between two or more pe...
When was Vermont settled?
July 4, 1776 Vermont/Dates settled Is Vermont the oldest state? The U.S. Census Bureau says Maine is still the nation’s oldest state, with New Hampshire a...
What is the IRS slogan?
The IRS mission is to “provide America’s taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the ...
