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…
I have an IP Pin and cannot e file 2022 taxes. Is it too late? It says e file not available but I thought this was still possible
I have CRP income to enter on Schedule F and I don't pass any of the 7 tests for material participation. However, FreeTaxUSA defaults my answer to "Yes" and I don't see a way for me to correct it to "No".
Hi, I have a unique scenario where I do not have a 1099-R from a United Nations pension. However I know the amounts to fill out on 5a and 5b of 1040-SR, however I cannot update these fields from what I can see in FreeTaxUSA. Any advice? Thanks
This is my first time having to complete the Net Investment Income Tax Information (Form 8960) because of capital gains on an investment. FreeTaxUSA automatically put in the dollar values in the section I copied and pasted below. Where did FreeTaxUSA get those dollar amounts? Can you explain how they come up with those…
Prior to my husband's passing, we set up a Transfer on Death instrument to pass his house to me. We made a verbal agreement that after his passing, I would pay out to his three children half the value of the house. Do the rules for me paying them their portions fall under the rule for Gifts? The amounts will be more than…
Hello. I discovered that I over contributed to my Roth in 2022 because I was over the income limit (though within range for a reduced contribution.) I filled out a form 5229 for 2022 and 2023, which I already mailed in to the IRS and I paid the calculated tax via IRS direct deposit. I realized that I forgot to report the…
I have a trust and things have gotten complicated with my state taxes now.
I am a bit confused on our state filing this year (for 2025). We live in Minnesota. I am a sole-proprietor and all of my income was in MN, and I pay quarterly estimated taxes. My husband was not working most of 2025, but started a new job near the end of the year in Wisconsin (his only income during 2025). Our federal is…
I filed my 2025 and 24hr later it showed received on the where's my refund website. About 4 or 5 days later i checked the website again to see if anything changed and to my surprise the boxes we're now greyed out and it said unavailable. Below a little ways it said to call and bring up code 9001 to the service rep. I did…
I never my 2022 tax refund I'll send it to a Vista account I got the route number and the account number I can't seem to get my money I want my money tax refund money I need some help getting it I keep getting the runaround and run around a business reports about your IRS
I am filing jointly with my wife. We both have separate businesses and thus separate solo 401(k)'s. However, the website only asks if I have such a plan and never asks such a question about my wife. Is there a way to enter the information for both of our accounts?
Hello, We had a land sale from my late mother's estate account in 2025. The estate account holds the proceeds of the transaction which will be distributed to each sibling at some point. We're hoping to have the estate closed by the end of this year or possibly 2027. Does each sibling have to document their share of the…
or I have to register for him a new account
Husband and I moved from MA to CA last year, but our moves were four months apart. It almost seems like we have to file separately, not just for MA, but also for federal, if we want to be fully compliant with MA guidance. That would be a huge tax bill for us so we want to make sure we are not missing anything. Any and all…
Hi, I am struggling a lot to file this year as this is our first year of being married and trying to file our taxes jointly. I earned no income while being a part-year resident of NJ, before moving to VA and earned all of my income there for the remainder of the year. My spouse was a full-year resident of IL as a student…
I purchased a house on April 22, so I have owned it for 254 days of the year. I rented out a single room in the house for 201 days. However, I did not use the room for personal use at any point during the 254 days, it was just sitting empty. I understand that I use the percentage of square footage to prorate the expenses…
I have my son’s POA and need to do a paper return and submit along with form 2848 and a copy of the POA. How do I do that on your system without having the watermark on the return?
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…
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
