I submitted my tax form and then received a 1095-C for my health insurance coverage. Do I need to file an amend for the premium tax credit?
Hello, I am trying to figure out if freetaxusa supports form 8881? In particular, I would like to claim 'Credit for Small Employer Pension Plan Startup Costs'. Thanks!
This spring I was a senior in college with my final semester paying ~$2,500 for tuition (1098T box 1) and receiving ~$12,000 in scholarships (1098T box 5). During the year I made ~$45,000 in income from a job. Based on my research, I believe I should be able to claim the entire scholarship as taxable income to take…
My son started college this summer. We got a 1098-T from the college. Where do I enter this information?
Hello, we added a heat pump to our home this year. How do we file for the tax credit for that?
Running FTUSA and HRB side by side. I notice in HRB, my wife and I (filing joint) get a $4,000 credit due to excess Social Security withholdings having both been employed and making more than $168,600 combined. A quick Google search shows this quote from TurboTax: For tax year 2024, you'll have excess Social Security…
I installed a qualified geothermal unit this year because my existing geo unit failed and needed replaced. I have a homeowners insurance policy that actually covers the replacement of the unit. Can I still claim the cost of this installed unit as an energy efficiency improvement? Do I have to claim the insurance as income?
In 2024 I installed solar and batteries at a cost where I had planned to need to rollover some of my available tax credits from these purchases into future years. With the new administration there seems to be some risk that the ability to roll over such credits may be rescinded and hence lost. Do you have an opinion on…
my son with autism turns 17 on 12/21 and the child care credit is gone. Is there another credit I can claim?
if I owe $1,700 in taxes. I have a child which is $2,000 (refundable) tax credit. And I have a savers credit (nonrefundable) for $1,000. Does the savers credit get applied first, and then the child tax credit to cover the rest, and then I would get refunded $1300. Or do they apply child credit first. And I would only get…
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