A list of payroll providers and financial institutions from which you can import W-2 and 1099 Forms into TurboTax or H&R Block tax software.
TurboTax 2020 CARES Act $300 Charity Donation Deduction
You need some patience to find the right place in TurboTax for the $300 charity donation deduction under the CARES Act when you take the standard deduction.
Self-Employed ACA Health Insurance Subsidy and Deduction In TurboTax
If you’re self-employed and you buy health insurance from the ACA exchange, here’s how to use TurboTax to calculate the subsidy and tax deduction.
2020 2021 2022 Federal Poverty Levels (FPL) For ACA Health Insurance
The Federal Poverty Levels (FPL) is used to determine the premium subsidy tax credit under the Affordable Care Act. You must know where the cutoff is.
How to Report Backdoor Roth In FreeTaxUSA: A Walkthrough
Follow these detailed instructions with clear explanation and many screenshots when you report your Backdoor Roth in FreeTaxUSA online tax software.
How To Report Backdoor Roth In H&R Block Tax Software: A Walkthrough
Follow these detailed step-by-step instructions with clear explanation and many screenshots when you report your Backdoor Roth in H&R Block tax software.
How To Enter Mega Backdoor Roth in TurboTax: A Walkthrough
Follow these easy step-by-step explanation with screenshots when you enter the 1099-R form for your mega backdoor Roth into TurboTax.
How To Report Backdoor Roth In TurboTax: A Walkthrough
Follow these detailed step-by-step instructions with clear explanation and many screenshots when you report your Backdoor Roth in TurboTax.
Stop Tax Return Fraud: Sign Up for the IRS IP PIN Program
The IRS opened the Identity Protection PIN program to everyone. Sign up to stop someone from filing a fraudulent tax return in your name.
2021 $300 Charity Deduction For Non-Itemizers $600 Married
Congress passed a new stimulus bill before the Christmas weekend. Although President Trump wanted to raise the second stimulus check from $600 per person to $2,000 per person, he still signed the bill into law. Unlike the previous stimulus law — the CARES Act — this new law doesn’t have a catchy name. The law […]
CARES Act Charity Donation Deduction: Ongoing or Only 2020?
CARES Act created a new above-the-line tax deduction for those who take the standard deduction. Is it ongoing or is it only for 2020?
CARES Act 2020 Charity Donation Deduction: $300 or $600 for Married?
The IRS Form 1040 instructions clarified the new CARES Act charitable contributions deduction for married filing jointly.