After writing a walkthrough for how to enter mega backdoor Roth in TurboTax and how to enter mega backdoor Roth in FreeTaxUSA, a reader asked me to do one for H&R Block software as well. A mega ...
How to Report Backdoor Roth In FreeTaxUSA: A Walkthrough
TaxAct used to be a low-cost alternative to the big two tax prep software TurboTax and H&R Block. However, its pricing strategy changed in recent years. Now TaxAct is just as expensive or ...
How To Report Backdoor Roth In H&R Block Tax Software: A Walkthrough
Updated on January 20, 2021 with updated screenshots from H&R Block software for 2020. If you use other tax software, see: How To Report Backdoor Roth In TurboTaxHow to Report Backdoor Roth In ...
Tax Software: Buy the Download, Not the Online Service
The latest statistics from the IRS show that of all the e-filed individual tax returns for a recent tax year, 59% were done by tax professionals and 41% were self-prepared. That 59% number is still ...
California and New Jersey HSA Tax Return Special Considerations
After Alabama made its state law conform to the federal law, California and New Jersey are the only two remaining states that don't recognize Health Savings Accounts. After reading my updated Best HSA ...
If IRS Offers Free Direct Filing How Many People Will Use It?
The tax season is over unless you filed an extension. If you had angst in filing your taxes you are not alone. ProPublica published this report about a month ago blaming it in part on the tax software ...