Taxes & Economy Questions

Can you recommend the best option for someone who wants to get back taxes filed, and paid? Taxes have not..

This year i had to pay taxes on unemployment from illinois. Last year Idid not, is this correct?

Our 2020 federal tax filing includes QCD information on form 1040 lines 4a and 4b as per instructions at https://www.irs.gov/pub/irs-pdf/i1040gi.pdf...

My only income in 2022 was social security($19,000) I withdrew $9000 from an IRA savings account. (I purchased a series..

Hi Terry, I owe $20,000 in back taxes and tried to get installment payments setup with IRS but that was..

Rather than pay quarterly estimated federal tax payments I have it withheld from my RMD and this year I will..

My mother passed away last year. She owned some stock for which I was joint tenant. I’m transferring the stock..

Why do you support those who gambled (invested -not a small accounts) being bailed out by government??? Shame on you...

Terry, Is the $350. rebate that we received from Governor Pritzker shortly before the November election, which probably could have..

I work at a governmental agency (23 yrs). I have several years where I didn’t file my state taxes. For..

I received funds from the sale of a house I inherited, in 2022 .where does this go on my tax..

If I have a 13 week t bill, and set it up fr reinvestment will I be subject to taxes..

does the proceeds from the sale of inherited property have to be reported as income ?

I have 2 HSA plans from 2 different employers. The 1st HSA is from a former job; in 2022, there..

I made a mistake on our 2011 Q4 estimated tax payment. I put our pass through LLC ein in our..

In other words; If you were to close out a low interest rate CD that your IRA is currently in,..

A recent AARP article indicates a$1,000 savings is available to low income earners by depositing to a IRA or 403b..

Hello, last year(2022)I was put on disability. I worked the first to months of the year. I also received back..

On December 30th, 2022, I converted $96,928.00 from traditional IRA to my ROTH. Knowing this is a taxable event, I..

my tax preparar said that i did not have to file because my income is where i didnot have any..