I was told that this qualifies for an energy credit (of up to $500?). The roof cost $30K. Where am I able to file this? Form 5695 does not seem to have any clear place to plug this in (nor do I know how to even find this form on FreeTax at this point). Please advise!!
I made $7000 non-deductible contributions to my traditional IRA account for year 2024 and $6500 for year 2023. The 2023 contribution was done in 2023 to Roth IRA but I recharacterized it in 2024. The immediately I converted all of it (both 2024 and recharacterized 2023 contribution) to Roth IRA. Because the conversion were…
Assume I am a 'hobby' seller who sells deces-old old broken computer junk from my basement. From ebay I received a 1099-K saying income was $750.00 (but I would have no 'gain' since I bought my stuff at higher prices 20 years ago). I believe I would enter into FreeTax as income the $750 amount. But how do I zero this out…
I'm wondering which state I should list my residence as. In 2024, finished up at university in MI, and that's where I'm registered to vote, and where my car is registered. However, after university I moved to Montana for seasonal work and ended up spending most of the summer and winter there with intermittent time back in…
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 deceased parents final irrrev living trust taxes to do this year. ( i am the trustee) can i file form 1041 and 1099-s (real estate sale) with free tax usa
Hey, I'm currently new with FreeTaxUsa. I've driven for Doordash for a year(2024 only) and i need help knowing what to EXPECT to be ask in the process of filing . Pls provide information here. I'm kind of worried cause u have to calculate those miles driven and add deductibles expenses. Does freetaxUsa ask for those…
I received two separate 1098-E forms for my students loans (one for my private and one for my federal) and I can't figure out how to enter them both. For the 1098-E section, all it says is "did you receive a 1098-E" y/n and then asks for the total amount of interest. There is no option to add another form. Thank you
For 2024, I was a live-in provider for my grandpa and received a W2. Box 1 and Box 2 have $0.00 wages, Boxes 3-6 have wages & tax withheld (social security wages & taxes, medicare wages & taxes), then box 12a has an amount, the same number as box 3 and 5. I put this in as a regular w2 however before I click to e-file it…
I just started a new job as a contract employee. The employer does not take out taxes, they said I would have to do this myself. How do I do this? Do I have to do this quarterly or just at the end of the year? Federal? State? FICA? or anything else?
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