I always get paid from my employer on a w4 but me and my wife each did some self employment work on the side probably aroud 12,000. Will we be fined for not paying quartley taxes? Should we pay now? Is April when we file OK?
CA FTB is withholding a significant amount of funds indicating we should have filed a CA Income Tax return several years ago since we own a rental property though we moved out of state the prior year. It's unclear why Turbo Tax didn't flag this given...read more
Hello Turbo Tax community, Sold my house in April 2018 and may have to pay capital gains. I know I get $250K single person deduction. After mortgage was paid, I still realized about $530K. This was to be my retirement. I have no other source of incom...read more
I retired in May of 2018, with that, my sources of income was/is SS, former employer, and a rollover of pension to my 401k (also from my former employer). The rollover was viewed as a Lump Sum and I paid 20% tax upon the rollover. What I am confused ...read more
I want to write checks to charities directly from my IRA so they count as Required Minimum Distribution(RMD) but are not taxable. Fidelity says the tax from they send me will include the entire RMD and somehow I have to tell the IRS that part of that...read more
For some reason the app where’s my refund isn’t working does anybody know why??? I files on February and it’s been 9 months and still nothing still waiting for a response.. is anybody going through the same problem
Hi to y'all! I am a permanent residence since December 15, 2017. Now I live with my US citizen wife in Georgia. Because I want to enroll in insurance, I have to know my MAGI income. I read about income exclusion. I am 70 yo and have a company pension...read more