Hello - I own 60% of my home as tenants in common. Is it now possible to attach an explanation statement to Schedule A line 8a, to explain the modified amount? I want to e-file and not mail in my taxes. I saw in a response to a different community question on "1098 filing separate" in 2024 that it wasn't. But hopefully…
Hi, my wife received a 1099-NEC, and it is a medicaid waiver, and I am seeing a mixed result when I look up if I need to include it on my tax. When I entered it on Schedule 1 and subtracted it from other income under Notice 2014-7, it significantly decreased our refund, but when I deleted it, it increased our refund. I am…
Hi, I entered my payment information for Georgia taxes to be auto-deducted on the 15th of April, 2026 and submitted as e-filed. Can this be modified after e-filing on freetaxusa.com so I can pay in installment? Also, what process steps I follow on freetaxusa.com. I have printed and filled the GA-9465 form "Installment…
So I purchased crypto four times [ the same type ] within two months back in 2021. I sold it all in 2025. I reported the dates bought and sold for all four purchases and calculated the units that were sold with the value of each unit on the day it was sold so it gave me the profit of each individual purpose. My issue that…
Where enter form 8995 line 3 info - Loss carryforward?
Hi all, My wife had HSA eligible plan from Sep 2024 - Aug 2025. She did a full contribution using the last month rule for 2024. I'm aware that we needed to pay the 10% penalty for the excess 8 month of contribution for failing the test period. But I could not find anywhere to do that. I can see the form 8889 is supported,…
I live in Wisconsin (full-time resident) whereas my wife lives in Georgia (full-time resident). I had no income in georgia and my wife had no income in wisconsin. Federal taxes looks straightforward but filling state taxes are complicated right now. We are trying not to get double taxed in both states. Georgia is allowing…
I rolled over $7,000 through a qualifying 529 to Roth IRA trustee-to-trustee transfer, but FreeTaxUSA reports this as an excess contribution because of my MAGI. However, 529 to Roth IRA contributions can be made regardless of MAGI provided they're qualifying (under the annual limit, under the $35,000 lifetime limit, etc.)…
With all the new adjustments this year handled on Schedule 1-A (No Tax on Tips, No Tax on Overtime, and the Enhanced Deduction for Seniors), the IRS's way of dealing with them on 2210 Schedule AI was to tell you to just adjust for them when going from Line 13 which is essentially your annualized taxable income before the…
I live in CA. I purchased treasury notes on the secondary market that matured in 2025. The 1099-B shows an Accrued Market Discount (AMD) in box 1f. My understanding is that this AMD should not be deducted on my CA return. However, I entered the 1099-B and FreeTaxUSA deducted the AMD on my CA state return (the deduction…
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