Hi. What are we supposed to put in the blank box that follows "Carryover Explanation" on FTC, Form 1116? (There do not appear to be any columns or explanations.) "Enter any Form 1116 foreign tax carryover information from 2024 or earlier. "Foreign Tax Carryover: [I will enter $1,007 as "Carryover to 2025" from my last…
Hi. Does anyone know how to calculate the requested “Gross income from all sources” for the Foreign Tax Credit Form 1116 line 3e? (Sorry, the pop-up description is too vague for me!) The answer that FreeTaxUSA automatically calculates matches my Line 1040 Line 9, Total Income. However, that amount does not seem to include…
Hello, In recent years FreeTaxUSA was not able to attach Form 1116, the Foreign Tax Credit form, to my Federal Income Tax Return Form 1040. Namely, as per Form 1116 instructions, even though my foreign tax credit was related to interest from a CD in a foreign bank, since I do not receive a qualified payee statement from…
Do you have to mail in 1099 B with your tax return? If so, how would you send it when filing electronically?
Hi I have a consolidated 1099 due to the sale of some Restricted Stock Units (RSU) through employer plan The page 1 summary says IRS 2025 FORM 1099 DIV — DIVIDENDS AND DISTRIBUTIONS …1a…1b…2a…2b…2c…2d…3…4…5…6…7…8…9…10… IRS 2025 FORM 1099-B—PROCEEDS FROM BROKER AND BARTER EXCHANGE TRANSACTIONS … 1e. COST OR OTHER BASIS OF…
Hi! my situation is a little silly! I filed my taxes here on free tax and forgot to file a w2, since I have multiple jobs. I amended it but now I owe way more money then expected. I went to turbo tax and I was getting money back with all the same info. how is it different between the websites. if I filed originally here on…
Need to add an email and paystub for my W2 - where can I upload PDF documents?
Hello! My wife and I got married last year and it's our first year filing taxes as a married couple. We (I) thought it would be a good idea to file married but separate to possibly maximize our return, but didn't know about the Roth IRA penalties that come with that option. We filed her return first, and found out about…
Hello! Last year, I completed a degree-required educational internship in which I received stipends to reimburse my educational expenses. I received a 1099-MISC that reports that total reimbursement amount in Box 3, "other income," and again in Box 18, "State income." Since that amount was an educational reimbursement, how…
My husband passed away in 2016, but I was just able to apply for his Social Security for 2025. Since I retired in 2025 and received a retirement benefit from School Employees Retirement System is part of his social security taxable? I don't quality for social security because I worked under SERS. Do I have to include his…
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