I received a 1099c for my only home that I bought 15 years ago, it was repoed and sold. i got it 12-25-25 I have never owned another home and it was the original loan. I think I may be able to write off this 12000 canceled debt with the mortgage forgiveness act right? i'm insolvent for about half of it but from what I'm…
Hello, I am a registered nurse working as an aesthetic nurse in a med spa. I do not work in a hospital or traditional clinic. My role involves performing injectables (Botox and fillers), IV therapy, and IM vitamin injections under my RN license. Because of the nature of the industry, I regularly receive tips from clients,…
Due to the way my W2 is filled out, and exemptions I am receiving, I am needing to mail in my state (ca) tax return. However, when hitting "download" or "Print now" a good portion of my forms are watermarked "Do not file, Form not Finalized" Am i too early in preparing my taxes and my states forms aren't fully…
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…
I have two w2s this year both for Medicaid waiver payments. One w2 has an amount in box 1 but the other w2 has no amount. I'm eligible for earned income credit . How do I input both my w2s without getting errors?
How to I report the loss of investment of a company that I had held shares more than 5 years and they became junk and declared bankruptcy. I believe it was bankrupt two years ago and I did not notify that in my return as loss. How do I go about it in my upcoming return for 2024?
I recently got a new, higher-paying job that I expect to have next year. (hired in August). I will most likely be in a new tax bracket this year and probably an even higher one next year. What are some of the things I can do to minimize my taxes paid overall? I am not concerned about taxes in a particular year; I would…
Im supposed to get the EIC FOR $1.400,AND IVE BEEN TRYING because I need the money?
I'm filing my taxes online this year and have a question regarding the Earned Income Credit (EIC). I received two W-2 forms, one of which was Medicaid Waiver Payments that can be excluded from taxable income. This exclusion has brought my taxable income below the $16K threshold, making me eligible for the EIC. However, my…
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