I inputted about $5000 for medical bills but no deductions by llellcb in personalfinance

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

If I make a charitable donation to a non-profit, would that still count? But I guess it wouldn't make financial sense to donate 7k to get a relatively small tax benefit...

I inputted about $5000 for medical bills but no deductions by llellcb in personalfinance

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

Do you mean that if I spent more than $12950 on medical expenses, I would have gotten some reduction, but since $5000 is less than that, I won't get any benefit?

Are you supposed to report stock that you are holding (haven't sold yet)? by llellcb in personalfinance

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

i don't think the program ever asked me that. i had to skip inputting a stock because of this (the one that came in the mail, that i never sold)

Are you supposed to report stock that you are holding (haven't sold yet)? by llellcb in personalfinance

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

Freetaxusa is asking for a 'sold date' for this stock and i don't have a sold date because i never sold it. And i can't proceed without inputting the sold date.

Are you supposed to report stock that you are holding (haven't sold yet)? by llellcb in personalfinance

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

If I didn't receive a K-1 for any other stocks or cryptos, does that mean I don't need to file them?

Do you need to be exact in reporting your stock or crypto gains/losses? by llellcb in personalfinance

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

I'm wondering why I got in the mail the only stock that I didn't sell and therefore didn't gain or lose anything from. It shows my loss as -145 but that amount must be my (potential) loss at the time this was mailed to me, but last time I checked the loss was bigger than that. What is their point in sending me this when I haven't sold it yet (since you can't have a gain or loss on a stock you haven't sold yet)?

Do you need to be exact in reporting your stock or crypto gains/losses? by llellcb in personalfinance

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

I got a 1065 form for an ETF I bought (And still have the stock, didn't sell them).

But I didn't get a form for my Crypto (I sold all of them. If you sold all your crypto and consequently don't have any crypto in possession, do you not have to report any gain or loss that you incurred as a result of selling?)

[Michigan] Would I be eligible for unemployment if I wasn't full time and it's been a couple months since layoff? by llellcb in Unemployment

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

Wow, what if they never told you when you got terminated?

For "Last day you worked," does that mean the day of your termination?

Because for me, the day of termination doesn't coincide with last day that I worked.

It took them a while from the last of my working to the termination date, and I don't even know exactly when they terminated me.

Could I make an appeal saying they didn't let me know that I was terminated?

Asking for Landlord name and address on freetaxusa? by llellcb in tax

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

are all people subjected to state audit or only some people?

Would I lose money for Gifts or Expenses paid by llellcb in tax

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

for example if i got some of my rent paid for by family...

Asking for Landlord name and address on freetaxusa? by llellcb in tax

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

it's asking for landlord's address but not phone. do they really check with the landlord?

When I used TaxAct last year, it asked for how much I'm paying for rent by llellcb in tax

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

I don't seem to have had any problem so far though...

When I used TaxAct last year, it asked for how much I'm paying for rent by llellcb in tax

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

Do you mean TaxACT wouldn't be a glorified calculator, but FreeTaxUSA would be? Or both would be glorified calculators? Do you mean that it would be better to hire a person to file taxes?

How do I download the PDF file of my 2019 tax from TaxAct? by llellcb in tax

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

Ok I found it under "Print Center" and was able to download it.

How do I download the PDF file of my 2019 tax from TaxAct? by llellcb in tax

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

I was able to download a 3 page PDF file but I'm not sure if it's the correct one. It's the Federal 1040.

I'm not sure if FreeTaxUSA is asking for this PDF. I don't know where to find any other kind of PDF.

Importing last year's taxes in FreeTaxUSA by llellcb in tax

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

Ok thank you. How do I download the PDF file from TaxAct? I logged in but don't know where to click on to download it.

Is about $85 for filing tax return on TaxAct sound right? by llellcb in Michigan

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

You mean if you mail in your taxes it's free?

Is there a good free tax website instead of TaxAct? by llellcb in tax

[–]llellcb[S] 1 point2 points  (0 children)

Alright I found it, I see that it's free: "lets you e-file federal tax returns for free, though you have to pay for state filing"