Social Security Questions
Taxation on capital gains (carry) that I received from former employer ($103,000) that was received Dec 2021.
How is this taxed? I went to H&R Block and they said I’m taxed at about 32%. It was added..
2021 IL refund depay?
My 2021 IL tax return was accepted, per Turbo Tax, on Feb 19 and my refund still has not arrived...
W-2 still missing — updated
Hey Terry! My employer from last year, has still not sent my W-2. I only worked Jan-April 2021. Should I..
Mother as dependent on tax form
Hi Terry, My mother is 93 years old and living with me since 2011. She is now on hospice. I..
Retirement Savings and Real Estate
I am 62 and semiretired. Can I withdraw money from my retirement fund to by real estate and not be..
Turbo Tax & privacy
Last year I prepared our taxes with the online service because my computer couldn’t support downloading the software. Now this..
Zelle reportable?
If I send money through Zelle in 2022 will the recipient need to claim it on their taxes?
Advance Child tax Credit payment
Hi Terry I enjoy listening to you on WGN. My question pertains to the Advance Child Tax Credit payment that..
W-2
Hey Terriy! I worked for a construction employer, January through April last year and have not received my W-2. I’ve..
Taxes
Even tho I’m on full disability should I file taxes I make under $900.00
Child tax credit
I haven’t worked since 2018. I dont have earned income. My daughter claims me and my 16 yr old son..
Taxes
The stock market was to good for us so we owe$11000 in taxes. Can payment be split up so it’s..
EE Series Savings Bond
I have Series EE $100 savings bonds that have matured. Is this a good time to cash them in, or..
Mistake on 2021 return electronically filed
I helped prepared my son’s 2021 1040 with Turbo Tax electronically. It has been accepted and as soon as it..
Earned Income Credit
Do I need to attach any forms or schedules to my 1040 when claiming an earned income credit? Or do..
How To Correct Mistake On 2020 Return
I just realized my mother’s 2020 federal tax return did not have a box checked at the top of page..
Track estate IRS return
To set up an IRS account to track my sister’s 2020 estate tax return do I use the estate SS#,..
Lack of IRS response
Still awaiting refunds from 2018? I’m patient but this is borderline ridiculous. Thanks and love you on WGN radio in..
Interest rates/Inflation
Dear Terry, Always respect your opinions on everything and wanted yours on this. I realize that inflation is at its..
Tax Deductions for home office
My husband and I have both moved to remote working in the last 2 years and have set up 2..