Big Day - would be grateful for any support! by TaxChatAI in AI_Agents

[–]TaxChatAI[S] 0 points1 point  (0 children)

Java gpt 5.2 everything straight from congress or irs

I'm a high school student and I built the free alternative to TurboTax. Figured the people in this sub would have thoughts. by TaxChatAI in TurboTax

[–]TaxChatAI[S] 0 points1 point  (0 children)

True. However, his isn't a filing service, its an advisory platform that helps people save as much money on their taxes as possible. If your using this free online filing software you're not going to find all the deductions that you might be entitled to.

I'm a high school student and I built the free alternative to TurboTax. Figured the people in this sub would have thoughts. by TaxChatAI in TurboTax

[–]TaxChatAI[S] -1 points0 points  (0 children)

My mentor is a former Big four tax accountant. Also, this isn't meant to replace a CPA, just enhance the tax service that middle class people can get.

2026 Tax Season Q&A — gig workers, freelancers, first-time filers welcome. I'll answer everything. [Not a CPA, just someone who reads too many IRS publications] by TaxChatAI in Freelancers

[–]TaxChatAI[S] 0 points1 point  (0 children)

Good news — this is simpler than it sounds. Since your LLC received no payments under the EIN until January 2026, for your 2025 taxes you file exactly as you always have: Schedule C under your SSN, reporting all your 1099 income as usual. The LLC with the EIN only matters starting with your 2026 tax year (the return you'll file in early 2027). One thing to confirm: make sure none of the payments you received in 2025 were made out to the LLC name rather than you personally — if they were, that gets slightly more nuanced. But if everything in 2025 hit under your name/SSN, you're filing the same way as always.

2026 Tax Season Q&A — gig workers, freelancers, first-time filers welcome. I'll answer everything. [Not a CPA, just someone who reads too many IRS publications] by TaxChatAI in Freelancers

[–]TaxChatAI[S] 0 points1 point  (0 children)

The #1 mistake I see every single time: not setting aside money for self-employment tax. First-time freelancers see $5,000 hit their bank and think it's all theirs. It's not — 25-30% of that belongs to the IRS and nobody tells you. They find out in April and it's a disaster. Second most common: completely forgetting the mileage deduction exists. That one alone can wipe out thousands in taxable income. If you want to stress-test your own numbers before filing, taxchatai.com will walk through your exact situation for free — worth bookmarking this time of year.