2023 Tax Season Updates on Refund Checks
Tax refunds are on the way! An update on the 2023 tax season.
TurboTax 2022 Form 1040 – How to Record Tax Extension Payments
Did you file a Form 4868 extension request for your Form 1040? If you made a tax payment with your extension, you need to account for that payment. This video walkthrough shows how to record an extension payment in TurboTax.
My Form 1099 is Wrong – What To Do Next?
Sometimes you might receive a Form 1099 with incorrect information. So what do you do next? Here are some options...
Form 1040 Filing Deadlines for US Expats
A U.S. citizen is required to file an income tax return even if they do not live inside the United States. Expats have different tax filing deadlines when they live outside of the U.S.
TurboTax 2022 Form 1040 – How to Record HSA Contributions on Form 8889
If an individual makes a contribution to their health savings account (HSA) during the tax year, they are generally allowed a tax deduction for the contribution. This article demonstrates how to record those amounts in TurboTax.
TurboTax 2022 Form 1040 – How to Apply Tax Refund to Next Years’ Taxes
When an individual is due a tax refund from the IRS or state, they generally have the option to either receive the cash or apply the refund to next year's taxes. This walkthrough shows how to apply a tax refund in TurboTax.
IRS Forms 1099 – Wait For the Corrected 1099 Before Filing Your Taxes
Many taxpayers rush to file their taxes once they receive their W-2s and 1099s. It may be a good idea to wait. This article discusses corrected 1099s and how they impact your taxes.
TurboTax 2022 Form 1040 – Home Office Deduction for a Homeowner
Business owners and self-employed taxpayers may be entitled to a home office tax deduction when they work from their home. This tutorial demonstrates how to enter those numbers into TurboTax.
TurboTax 2022 Form 1040 – Home Office Deduction Using Actual Expenses
Business owners and self-employed taxpayers may be entitled to a home office tax deduction when they work from their home. This tutorial demonstrates how to enter those numbers into TurboTax when you claim actual expenses.
TurboTax 2022 Form 1040 – How to Record 401(k) Rollover to Traditional IRA
If a taxpayer decides to rollover their 401(k) plan to a Traditional IRA during the year, they will receive a Form 1099. The rollover should be recorded on the Form 1040 tax return.