Taxes & Economy Questions
New Cash App Tax Law
Hi Terry. After my recent divorce (2021), I stayed in my home (which was discharged in BK long ago) and..
Cash Apps
Will cash apps like; Zelle, Venmo, QuickPay, etc, be reporting personal accounts that receive money over a certain threshold to..
Taxes
I was called for jury duty in April 2021 in Du Page County, will I get a 1099 from the..
3rd Stimulus
The 3rd economic impact payment was based on the 2020 tax returns but was an advance on the 2021 tax..
Tax filing
I’m 74 and I only receive social security. After I apply my standard deductions my income is below 10K do..
taxes — sharing deductions for house
My son and his girlfriend bought a house in 2021. They aren’t married so they file separate tax returns. How..
IRS pin number
Last year i was able to obtain a pin number from the irs, is that being done this year and..
I’m on Social Security and do I need to file taxes?
I’m on Social security and made 20,466.00. That is my only income. In December I won $1,900.00 in my church..
Electronic Filing of Federal Tax Return
Hello Terry. My wife had me listen to an interview with on (I believe on WGN) where you stated that..
1099-s form
What info do I need to give my tax preparer about a 1099-s form. My siblings and I inherited th..
Fraudulent taxes filed
My daughter found out that someone had fraudulently filed her taxes for 2020. Her tax man filled out the forms..
W-2s
How do I get my w-2s from past years? I need 4 or more. Thanks
Tax return
I filed my IRS taxes on time for 2020. Using the website showed when it was received . I had..
Capital Gains and 1031
Hey Terry, If you sell stock and have a lot of Capital Gains to pay can you roll into a..
CP-80 IRS Notice
This is not a question. I read your article. I got my CP-80 letter yesterday (surprise!). The experience you described..
Federal tax refund
What can I do if I have not received my 2019 federal tax refund?
IRS letter indicating ‘We haven’t received your tax return’ Terry gets IRS answer!
Hi Terry. No question this time – I just want to alert your readers that the IRS is now sending..
2019 Tax Return Refile? Help
My 2019 tax return has still not been processed. I can’t get through on the phone with the IRS. I..
Quarterly payments and sold condo at a loss
I recently received Long Term Dividents of $68,571 and Short Term Div. of $18,124 plus regular div.of $2,332. I have..
Social security tax — how to decide withholding
I’ve started collecting my SS and am currently not having taxes taken out. I know you fill out the voluntary..