When requesting to do uncollectible because of unemployment how does the lien process work and will you be able to go into a payment arrangement once you become employed again?
Is RMD required by end of SAME year of death for Inherited Traditional IRA? The FOLLOWING year for Inherited Roth IRA? Much confusion around IRS Notice 2024-35…
Is income the only tax or penalty applicable to liquidating an Inherited Traditional IRA same year of death?
My health insurance is not great and I was thinking of dropping it, will I be penalized by the IRS for not having insurance ?
Please use this IRS website to find state by state or year by year disaster relief information on hurricanes, wildfires, floods and other disaster situations that may affect your federal and/or state tax filing obligations.
Are the wildfires in 2019 tax free from settled settlement in 2024
Does anyone at FreeTaxUSA have information about when the IRS will open for e-file. Seems like the IRS is somewhat inconsistent on this. I saw this IRS Newsroom article: https://www.irs.gov/newsroom/get-ready-irs-website-has-helpful-resources-for-taxpayers All the IRS says is, "Later this month, the IRS anticipates…
The IRS "Where's my Refund?" tool is the most commonly used IRS tool. The frustration most people have, is the messages in the past have been very vague. For example, if your refund is taking a long time, the message may just be, "Processing". This year the IRS has made some improvements. Here is a list of enhancements:…
The IRS announced it will begin processing 2023 tax returns on January 29th. However, several states have yet to update or complete their state tax return filing requirements. You may file your federal tax return beginning January 29th and come back to file your state return when your state is ready to accept tax returns.…
I have stocks in my traditional IRA, I have never made any profit in traditional IRA, is it possible to move stocks from traditional to roth IRA? do i need to pay any taxes on it?
It looks like you're new here. Sign in or register to get started.