IRS Accepted Return but Not Approved: What It Means and What to Do
Understand the IRS return process, reasons for delays, and steps to take if your tax return is accepted but not yet approved.
Investment and Financial Markets
Common Law Marriage Taxes: Can Unmarried Couples File Jointly?
Explore how common law marriage affects tax filing for unmarried couples, including criteria, state vs federal recognition, and potential penalties.
What Does Accepted Mean by the IRS for Your Tax Return?
Understand what “accepted” means for your IRS tax return and how it differs from approval, including potential post-acceptance adjustments.
What Is the Department of Treasury Address in Austin, TX for IRS Mail?
Find the correct IRS mailing addresses in Austin, TX for tax returns, payments, and other correspondence. Ensure your mail reaches the right destination.
How Much Should I Set Aside for Taxes as a 1099 Worker?
Learn how to effectively budget for taxes as a 1099 worker by understanding key tax components and strategies for year-round financial planning.
Why Was No Federal Income Tax Withheld From My Paycheck?
Understand why your paycheck might not have federal income tax withheld and explore factors like W4 settings, income thresholds, and potential errors.
What Is the Payer’s TIN on Tax Forms and Where Can You Find It?
Understand the role of the payer’s TIN on tax forms, how to locate it, and steps to correct any errors for accurate tax reporting.
What Does Distribution Code G on Form 1099-R Mean?
Understand the implications of Distribution Code G on Form 1099-R, including direct rollover eligibility and reporting nuances.
What Does It Mean If You Receive a 2645C Letter From the IRS?
Understand the implications of receiving a 2645C letter from the IRS and learn how to respond effectively to ensure compliance.
If You Make Less Than $10,000, Do You Have to File Taxes?
Understand the tax filing requirements for low-income earners, including federal thresholds and state-level considerations.
What Happens If You Overcontribute to Your 401K?
Learn about the implications of overcontributing to your 401K, including potential penalties and how to address excess contributions.
What Is NYSDI and Is It Deducted From Box 1 on Your W-2?
Understand NYSDI, its impact on your paycheck, and how it appears on your W-2 form for accurate tax reporting.
Can You Have a Roth IRA and a 401(k) at the Same Time?
Explore how to effectively manage both a Roth IRA and a 401(k) to optimize your retirement savings strategy.
Do I Have to Report 1098-T on My Taxes?
Understand the tax implications of Form 1098-T, including how it affects education credits, deductions, and the impact of scholarships and grants.
Can You Write Off Student Loan Payments on Your Taxes?
Explore how student loan interest deductions work, income thresholds, and the impact of refinancing on your tax filings.
Where Do I Find My 1098 Form for Mortgage?
Learn how to access your 1098 mortgage form through digital platforms or by mail, and discover steps to take if it’s not readily available.
Tax Benefits of an LLC vs Independent Contractor Explained
Explore the tax advantages and obligations of LLCs versus independent contractors to optimize your business’s financial strategy.
What Happens If You Miss the Tax Extension Deadline?
Understand the consequences of missing the tax extension deadline, including fees, penalties, and potential enforcement actions.
Why Is My Social Security Tax Higher Than My Federal Tax?
Explore why your Social Security tax may exceed your federal tax, focusing on rates, earnings, and deductions. Understand pay stub details better.
Why Am I Not Getting the Child Tax Credit on My Tax Return?
Explore common reasons for not receiving the Child Tax Credit, including eligibility criteria, income limits, and potential documentation issues.