I withdrew $20,000 from my 457b plan which is exempt from nys tax but I cannot find where on the tax form that marks it as exempt from nys tax? it shows up in my taxable income.
Hello, When entering information about a rental property there is a question: "Is this rental activity considered a business for tax purposes?" What are the implications of selecting 'Yes' versus 'No'? The property is a 3 family home in which I occupy 1 unit and rent out the other 2 units.
Hello, in 2024 I was a California permanent resident while attending university in Illinois. For the final few months of the year I became a graduate student and received a W-2 for most of my income (which had Illinois and Federal taxes withheld). I also received a Graduate Fellowship totaling a little over 2600 for FY…
Hi, In 2024 when I still lived and worked out of state in January and February, I earned money at a job and they sent me a W-2 form for most or all of what I earned, $6,192.35, also a family member gives me money very frequently to help support me, but maybe part of the time to pay me for chores maybe no more than $4,000…
Where do I enter my business 1099-INT so it is reflecting my Schedule C? I only see 1099-MISC & 1099-NEC for my business and 1099-INT for personal interest. The 1099-INT was reported under my EIN.
I purchased a home in 2022 that had a large side lot contained within the boundary. The land was subdivided in 2024 and an additional lot was created and sold in 2024. The lot was sold for 180,000 but gross proceeds on 1099-S says 90,000. I’m unsure what to put for the land value of land at purchase.
Hi, I was unaware that i should not be using free tax USA to file my taxes as a F1 student and did file my 2023 taxes using this. Can you please help me if i can amend this, and file the returns using any other website?
So if I had payment made to me in 2024 from long term insurance company and I had to pay half the amount back when I got my ss disability. So when I received my disability back pay in Jan 2025. Shouldn't they deduct the amount I repaid from the amount they paid me?
I can't quite got to Schedule 1. The prompts kept taking me to schedule c or to the page where I have to pick an income; and I am back in the 1099K page. Any step-by-step guidance on how I should file my 1099-K from ebay.
Hi, I already filed my return with FreeTaxUSA last week, but I just got a Schedule K1 in the mail. I attempted to amend the return but because this is a PTP FreeTaxUSA won't accept the form and says I have to use another tax service. If I'm interpreting this K1 right, I only have $21 in income. I entered the form without…
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