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Should I file using the married joint or separate filing status?
Contributed by: PhillipB, FreeTaxUSA Agent, Tax Pro Married filing jointly is commonly recognized as the most advantageous filing status. However, are there many reasons to use the married filing separate or (in some cases) the head of household filing status even while you’re still married? The answer is “it depends.”…
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What do I do if FreeTaxUSA keeps declining my card even when I’ve verified the card should work?
Contributed by: PhillipB, FreeTaxUSA Agent, Tax Pro Nothing is more frustrating than having a credit card that gets declined, especially when you’re confident the card should work fine. If this is something you’re experiencing with FreeTaxUSA, here are some things to try: Verify Card Details: Ensure the card number,…
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What is an SEP plan and how do I calculate my limits and enter it in FreeTaxUSA?
Contributed by: CoryF, FreeTaxUSA Agent, Tax Pro Please consult a Financial Institution for set-up instructions for your business SEP for a discussion on this complex subject. This article will cover the basic concept and example. Simplified Employee Pension explanation What options are available to save for my retirement…
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When should I fill out Form SS-8?
Contributed by: KristineS, FreeTaxUSA Agent, Tax Pro You were hired on to work for your new employer, congratulations! As far as you knew, you were an employee and every time you were paid, whatever taxes needed to be sent to the IRS were taken care of. You assumed you’d receive a W-2 at the end of year to file on your tax…
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When do I need to hire a tax professional?
Contributed by: KristineS, FreeTaxUSA Agent, Tax Pro FreeTaxUSA helps millions of customers across the nation prepare and successfully file their tax returns every year. Our software is simple to use and designed to guide our users from start to finish to maximize their refund or pay the least amount of tax due. Whether…
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How to use FreeTaxUSA software as a paid preparer
Contributed by: KristineS, FreeTaxUSA Agent, Tax Pro FreeTaxUSA invites paid tax preparer’s to use our software for the preparation and filing of their customers’ tax returns. It’s the same tax preparation software as many other retail level software applications, with the bonus of real-time available help from FreeTaxUSA…
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How do I change my filing status after the death of a spouse?
Contributed by: Henry, FreeTaxUSA Agent, Tax Pro The final tax return When a spouse passes away, their final tax return needs to be filed (if there’s a filing requirement), covering the period from the beginning of the tax year up to the date of their death. The final return is generally filed by the surviving spouse or…
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How do I file a tax return following the death of a family member?
Contributed by: Henry, FreeTaxUSA Agent, Tax Pro Losing a family member is a challenging experience. Amidst the grieving process, there are some practical matters that need attention. One important task is figuring out how to file a tax return for the deceased. Understanding the steps involved and the applicable tax…
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Video: How to claim a child who has to file their own return
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Video: How to file a Schedule C for Uber, Lyft and other rideshare businesses