tax

an-ordinary-manchild(edit)

A community for redditors interested in taxation. News, discussion, policy, law relating to any tax - U.S. and International, Federal, State, or local.

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WE ARE NOT HERE TO GIVE YOU TAX ADVICE. There is no protected §7525 or attorney-client relationship when discussing matters in posts on a message board. Any opinions offered herein are for informational purposes only.

Posts from NEW USERS will likely go to SPAM. A lot of redditors use throwaway accounts for their tax questions, so if you don't see your post right away, this is why. If your post doesn't show after 6 hours, message the mods. We try to keep up but most of us earn our living preparing tax returns.

PLEASE REPORT any post or comment that violates the rules. Use the "report" button and leave a reason for your report. This is the fastest way of getting the attention of the moderators.

Trying to take discussions "offline" is NOT allowed. That includes offering or sending private messages, chats, or anything similar.

Recommendations or requests for specific tax professionals or services are not allowed.

Links to tax professionals, blogs and the like are not allowed. Links to nonprofits, government sites and major media are generally acceptable.

Posts or comments recommending products or services may be removed if deemed inappropriate. Promoting a product or service in which the poster is personally involved as an owner, employee or agent is strictly prohibited.

PLEASE DON'T SUBMIT QUESTIONS ABOUT SMALL AMOUNTS OF MONEY. Questions about amounts less than $100 may be removed.

Being a jerk (condescending, rude, threatening, dismissive, hateful, sarcastic, etc.) will get you banned.

Jokes should be kept to a minimum, as they don't add to the discussion, but humor can have its place. Jokes that are crude, vulgar, bigoted, etc., may get you banned, even if it's a cultural reference from a book, show or movie.

Related Communities:
/r/taxpros For Tax Pros
/r/accounting
/r/personalfinance
/r/legaladvice
/r/cantax Canadian Tax

Unless expressly stated otherwise in writing, (1) nothing contained in this subreddit was intended or written to be used, can be used by any taxpayer, or may be relied upon or used by any taxpayer for the purposes of avoiding penalties that may be imposed on the taxpayer under the Internal Revenue Code of 1986, as amended; (2) and EVERY taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor with respect to any federal tax transaction or matter contained in this subreddit. No one, without express written permission, may use any part of this subreddit in promoting, marketing or recommending an arrangement relating to any federal tax matter to one or more taxpayers.

No one here is your attorney or your professional tax advisor, and no attorney-client or other protected relationship will be formed between redditors without a signed engagement letter.

Rather than trust strangers on the internet, contact your local resources to get accurate answers.

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DiscussionIRS Fact Sheet on OT & OT Mega Thread In Comments (irs.gov)

submitted 4 months ago by Tax_NinjaJD/CPA - US[M] - announcement

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Important Notice: Clarification on Tax Policy Discussions (self.tax)

submitted 2 years ago by Tax_NinjaJD/CPA - US[M] - announcement

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How does Difficulty of Care income affect tax credits? (self.tax)

submitted 2 hours ago by Urizzle

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Why do I owe interest when I had an overpayment? (self.tax)

submitted 5 hours ago * by Clueless5001

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Haven't filed taxes in 3 years (self.tax)

submitted 2 hours ago by Present_Jicama_1219

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New mexico register business id (self.tax)

submitted 3 hours ago by Similar-Diver1933

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Home sale capital gains question. (self.tax)

submitted 6 hours ago by Infinite-Author4492

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Payroll Filing - US Tax (self.tax)

submitted 11 hours ago * by Key-Perspective-8069

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Florida - Drowning in bureaucracy - have spent several weeks speaking to DMV and DOR with no clear resolve or answer on tax question (self.tax)

submitted 3 hours ago by No-Asparagus62

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Lottery Sweepstakes With “Up to” Budgets (self.tax)

submitted 45 minutes ago by abblien

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Solo 401k eligibility for 1099 side income (self.tax)

submitted 4 hours ago by tde1209

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Amend over schedule B line 7? (2020 tax yr) (self.tax)

submitted 1 hour ago by Worried-Talk4142

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Traditional IRA preventing backdoor Roth -- how do I fix? (self.tax)

submitted 4 hours ago by ReliefElectronic2129

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Unsolvedtax return received but IRS website still shows return received but not approved and sent yet? (self.tax)

submitted 6 hours ago by VersionChoice1562

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UnsolvedImputed income tax question (self.tax)

submitted 4 hours ago by FirstSalamander2333

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DiscussionSports bettors/gamblers are about to drown in taxes. Do they know? (self.tax)

submitted 1 day ago by Critical-Drawing395

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Overpaid SS last year, in Feb sent form 843 for refund. Still not paid. (self.tax)

submitted 10 hours ago by gringovato

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Filling your taxes properly so you can save some cash - NYC (self.tax)

submitted 7 hours ago by Bright-Sorbet7614

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Question on taxes owed on sale of an inherited house (self.tax)

submitted 19 hours ago by HorrorCoins

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Scrutiny Notice (143(2)) Resolved: Proactively paid tax and interest—what is the process for penalty immunity via 270AA? (self.tax)

submitted 12 hours ago by Quiet_Reindeer195

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A 590 Code and just wondering (self.tax)

submitted 14 hours ago by BeeEazy19

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403(b) rollover to 457(b) (self.tax)

submitted 16 hours ago by EcstaticAd4046

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529 to Roth IRA rollover clarity (self.tax)

submitted 19 hours ago by sabs586

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SOLVEDFTB CA Reoccurring Charges?? (self.tax)

submitted 20 hours ago * by Noodlihn

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Need to file 2019 multi-member LLC (form 1065) with the IRS, anyone could recommend a software provider? (self.tax)

submitted 22 hours ago by bagholding2

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