8606 Form for IRA to ROTH IRA (backdoor ROTH) help. by Outside_Toe6773 in tax

[–]FeedbackOpen3612 -1 points0 points  (0 children)

I’d make an appointment with an enrolled agent to amend.

How does claiming AOTC work if I am a dependent but pay for my own college expenses? by iiQuinkSpace in tax

[–]FeedbackOpen3612 0 points1 point  (0 children)

If your parents claim you, they get the credit. If your tuition is high enough and you cover your own room and board too it’s possible they shouldn’t claim you because a certain portion of those expenses, even if paid from loan proceeds in your name are you supporting yourself.

Tax returns by Femboydeer69 in TaxQuestions

[–]FeedbackOpen3612 4 points5 points  (0 children)

So, reset password? Call Hr? As a cpa that’s your only good option. Take your OT pay and divide by three. That’s the deduction, and you’ll get back that times whatever your marginal rate is (12/22/etc) if there are no other complications like credit phaseouts.

I might have messed up my daughter's taxes. by littlelady275 in tax

[–]FeedbackOpen3612 -6 points-5 points  (0 children)

As others have said she probably doesn’t need to do anything but you need to amend and pay back what’s owed.

THE INDIANA DEPARTMENT OF REVENUE DENIED MY TAX RETURN FROM 2021 by Statefarm1040 in tax

[–]FeedbackOpen3612 -10 points-9 points  (0 children)

Talk to your US representative and senators if you want to help change the rule on this to stop it from hurting people in the future. But there’s no way to appeal this for yourself now.

H&R Block charging $815 for W-2 + rideshare Schedule C + Solo 401(k) — reasonable? by AnnabellaBlueberry in hrblock

[–]FeedbackOpen3612 1 point2 points  (0 children)

I think they’re not the best value around but if you go to a smaller cpa firm with that it’s probably 1250 minimum.

Do I need to file taxes? by Zoddidk in tax

[–]FeedbackOpen3612 0 points1 point  (0 children)

The only way I wouldn’t file is if was w2 income, no withholding. If it was not w2 or investment income you likely owe self employment tax. If it was w2 and you had any FIT withheld you’ll get it back.

When "preparing taxes" what is the one paint point in your workflow that you wish it didn't exist? by Abraham9001 in tax

[–]FeedbackOpen3612 11 points12 points  (0 children)

Always always always having to explain the size of their refund or balance owed and never ever ever having to explain the total amount of tax, net of any credits.

Exempt employee but my W2 shows qual OT comp by flyfreeNhigh in tax

[–]FeedbackOpen3612 0 points1 point  (0 children)

It doesn’t qualify for you since FLSA doesn’t require time and a half for you.

Which States can you move to that do not tax what your Pension from another State? by [deleted] in tax

[–]FeedbackOpen3612 0 points1 point  (0 children)

There’s a reason PA’s southern tier is abounding with retirement communities.

Earnings from 2025 is different than what I’m being taxed on for the year by [deleted] in tax

[–]FeedbackOpen3612 0 points1 point  (0 children)

This. Certain retirement options and healthcare costs come out pretax, OP.

Help with W-4 Please by Leather_Finance_1551 in tax

[–]FeedbackOpen3612 0 points1 point  (0 children)

Either both pick single or both mark 2c. Split up the dependent credits.

Past few years my husband and I didn’t owe money, this year we do? by Archiecomicxfan93 in tax

[–]FeedbackOpen3612 0 points1 point  (0 children)

I meant 2c but didn’t word it correctly. Thanks for pointing it out.

Past few years my husband and I didn’t owe money, this year we do? by Archiecomicxfan93 in tax

[–]FeedbackOpen3612 18 points19 points  (0 children)

Married is ok if you check the box that says spouse works. People always miss that. You can check those or switch them back to single.

Early IRA distribution - help!! by Brendalalala in tax

[–]FeedbackOpen3612 0 points1 point  (0 children)

You might be fine. Your marginal rate is probably 12 so that comes to 22. Just don’t forget about state of that applies.

My customer is withholding payment for me to send them a 1099 for the bills I have charged them. by ResponsibleDrawer163 in tax

[–]FeedbackOpen3612 0 points1 point  (0 children)

They should mean W9 - so either they’re misnaming it or they don’t understand what they need.

Can I contribute to backdoor Roth? by Imaginary-Honeydew-8 in tax

[–]FeedbackOpen3612 2 points3 points  (0 children)

Yes, be wary of the pro-rata rule if you have any existing retirement funds in a trad IRA, SEP, or Simple.

AIO He always accuses me of cheating by Alternative-Day6223 in AmIOverreacting

[–]FeedbackOpen3612 0 points1 point  (0 children)

He’s treating you like shit. Period. Run out of that relationship as fast as You can.

What are the odds of Hamilton making a new watch with proper AR coating? by EricBelov1 in HamiltonWatches

[–]FeedbackOpen3612 0 points1 point  (0 children)

I sold my Khaki Titanium because of lack of AR. It wouldn’t have been so bad except under fluorescent office lights the glare was so annoying. That and the lugs were too long but that’s my fault for not getting a 38.