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Re: How can I claim the heat pump tax credit?
Hello Tyler, You can claim the Energy Efficient Home Improvement Credit by navigating to the Deductions/Credits > Home Energy Credit page in our software. Starting on that page, you will be walked…1 · -
Want to file Federal Jointly, but live in separate states? How do we file for this?
I have read numerous posts related to this question but none seem to really fit what I am looking for exactly. We recently got married but my spouse lives and works in Virginia. I live and work in Ma…1 · -
Re: Which section do i take my 529 state deduction? Is it under deductions?
There's no Federal deduction for contributions to a 529 plan. Are you asking about the deduction on the Virginia tax return? It's under Commonwealth Savers.2 · -
Which section do i take my 529 state deduction? Is it under deductions?
Im in Virginia and have been through the entire form online and do not see the section where I can deduct my 529 contribution up to the $4000 limit? I just need to know where this is located in freet…1 · -
Re: MAGI for Determining Roth IRA Contribution Limit
How can I see the MAGI the was calculated for Roth IRA contribution purposes?1 · -
Re: NYS Paid Family Leave Payments Received 1099-misc
Hi SCRANE6988, Congrats on adding a new member to your family! Yay! According to the Department of Taxation and Finance, New York Paid Family Leave benefits are taxable. You can read more about that …1 · -
Re: How to deduct closing costs from sell my home
Okay, thanks for setting me straight.1 · -
Re: Box 12 on W2
I'm not sure what you're asking. The 1099-SA is the form you receive to show your distributions from a Health Savings Account (HSA). Neither of those codes has anything to do with an HSA. Those amoun…1 · -
Re: Help with cost basis on Roth IRA non-qualified distribution
Your direct, non-payroll contributions are tracked and reported annually on Form 5498 which is issued in May of each year. Make sure that the contribution amounts total the $12,550.1 · -
Re: My wife and I are retired and we listed our ss income at around 50K but on the 1040 tax
Thank you for the info. It answered my question. Appreciate it.1 ·