Create a free account or sign in to ask a tax question. Experts typically respond within 24 hours.
Contributed by: TriciaD, FreeTaxUSA Agent, Tax Pro For many employees, the annual arrival of W-2 forms signals the start of tax season. While most people focus on wages, federal income tax withheld, and social security details, Box 14 often stands out as a source of confusion. What do the codes in Box 14 mean, and how do…
Contributed by: CoryF, FreeTaxUSA Agent, Tax Pro You’ve heard about the new ”No Tax on Overtime” deduction from the One Big Beautiful Bill Act (OBBBA), and you have your 2025 W-2. Now you’re wondering what this deduction means for you and how to apply it to your tax return. This article will help you understand the…
Contributed by: PhillipB, FreeTaxUSA Agent, Tax Pro Not receiving your tax refund when expected can be extremely frustrating. To make the issue worse, the IRS is not very clear as to why your refund is taking more time. While FreeTaxUSA doesn't have any control over IRS refund processing, we can provide some ideas on why…
Contributed by: Henry, FreeTaxUSA Agent, Tax Pro On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law. This new law extended and replaced the Tax Cuts and Jobs Act (TCJA), which was set to expire at the end of 2025. The OBBBA takes effect from 2025 through 2028. You may be wondering what…
Contributed by: AndyS, FreeTaxUSA Agent, Tax Pro The One Big Beautiful Bill Act (OBBBA) passed this year and will introduce several tax law changes, affecting 2025 tax returns. One of these changes is the child tax credit (CTC). Many taxpayers with dependents find a lot of relief with the child tax credit on their tax…
Contributed by: MatthewD, FreeTaxUSA Agent, Tax Pro With the introduction of online brokerage accounts and apps for smart phones, more people are investing in the stock market on their own. The statement you get from your brokerage company will likely be a composite or consolidated statement and will have several 1099…
Contributed by: RachelR, FreeTaxUSA Agent, Tax Pro and Henry, FreeTaxUSA Agent, Tax Pro This article applies to 2024 and later. The basic example assumed both the traditional IRA contribution and the Roth conversion step happened in the same year (for example, both events happened during 2024, for the 2024 tax year).…
Contributed by: Henry, FreeTaxUSA Agent, Tax Pro The sale of an inherited home is a significant event that comes with its own set of tax implications and requirements. Understanding how to correctly enter Form 1099-S from a sale is crucial for accurate tax reporting and compliance. Information required to report the sale…
When will the issue be resolved that prevent filing stating the IRS has not finalized the instructions for filing no tax on tips
Is anyone dealing with this tax credit and not being able to put it in their state return. I've attempted to go through support but they keep telling me I just put in my cctc-a certificate number wrong after I've explained it's a new tax credit from this year and nowhere on my form says cctc-a but form 7203
I am still working with a lot of my 12% bracket available for Roth conversions. I did a large Roth conversion in August of 2025. I paid an estimated tax in August to cover the conversion. This will require a penalty because I didn't pay the taxes evenly through the year. It should be considered uneven income so I need to…
Hello I just wanted to see if this is something I need to correct or if its right as is. I have two jobs both located in the same county but different from the one I live in. My full time job has my locality name as Boone, the county I live in, but the other w2 has the locality name as Marion, the county I work in. Should…
We need to file taxes for our deceased family member who used FreeTaxUSA. How can we do this?
I received a W2, 1099B and statement of taxable income. The information on the statement of taxable income says this was received as a result of Restricted Stock options but also says its possible to receive for Incentive Stock Options. I am trying to figure out which option it is. The amount of stock reported as income in…
I have been going through all the literature and I need clarification on whether or not I'm reporting the taxes I paid on my Roth IRA conversion to the IRS. Here's my situation: I converted some pre-taxed dollars from my employer-sponsored 401K plan to my Roth IRA. The IRS classifies a conversion from a 401K to a Roth IRA…
I purchased a house in 2025 and paid for points on my purchase. My bank immediately sold the mortgage to another company so I received two form 1098 for the year. Both 1098 forms have the same amount entered in box 2 and in box 6 for points paid on the purchase. Do I enter the amounts in boxes 2 and 6 in only one 1098 when…
I applied for health insurance through the marketplace, I received a form saying that I had gotten insurance. I did not have to pay any premiums for this insurance I did not receive any premiums for this insurance. I never used this insurance, because no doctors accept this insurance either. So why has my refund lowered…
Hi, I submitted my return a couple of days ago and it's been received by the IRS. I just got another 1099R in the mail today 2/2/26, and I'd like to recalculate my taxes. FreeTaxUSA says that I can't submit an ammended return until February (don't know when in Feb). I'd rather wait until my return is processed anyway…
Hello me and husband had some issues and long story short I am trying to catch on a few years of missed filing..Intially I filed 2023 back at end of December, sent off and have even received our state refund for the state we live in (as my husband works in a different state so we always have federal and 2 states to file) I…
I am a university student in CA, but my hometown is in MD. I just finished putting in all of my information for the 2025 tax year, but when I get to the checkout section, the top bar still says $0 for both federal and CA return. Is this because I'm filing as a nonresident? For my address, I put my current apartment…
Divorce was finalized in 2002. I was offered/received a maintenance/alimony settlement in 2025. Would I receive a 1099? Do I pay taxes on this?
Tengo un problema no encuentro mi estado en la.casilla 15 para continuar
I sold my home in South Carolina Aug 2025 (lived there for 3 years) bought a condo in Portland Oregon same month-Aug. 2025. Can I use this service to file my taxes for both SC and OR? Can someone assist you online as well? Thank you.
Hello, I received a referral bonus from Rakuten and was issued a Form 1099-NEC for this income. When entering the 1099-NEC information in FreeTaxUSA, I am prompted to categorize this income, but the system only provides the following options: Farm income Farm rental income Business income This income should be reported as…
I’m my late uncle’s niece and I filed his last tax returns through your software. He faithfully used your software. He has a refund and I’m not an official representative. The refund is now delayed. Is it true that the form 1310 was to be printed and sent in separately? How does someone know to do that if it’s not…
I received some advice to use my Roth IRA as a savings account (I'm not retired) so that my funds can be invested and not sitting in the bank, as long as I don't withdraw any growth that those funds had. This past year I needed a chuck to make a larger purchase and took it from my Roth. I took out an amount less than I…
Is there any reason I should create a LLC for my freelancing? Is there a certain amount of money I should be making annually before this makes sense? I know a lot of people create an LLC when starting a small business, but I don't fully understand why.
With the OBBA and the new overtime deduction, how do I properly calculate the half amount of time and a half overtime? And where would I find the information on my forms?
Take a quick tutorial to learn how the FreeTaxUSA Community works!
View all the available categories, and dive into a topic
