FAQ

what should i do next to correct the mistake and respond to the irs notice? To correct the mistake and respond to the IRS notice, you should follow these steps: 1. Gather all relevant documents related to the notice from the IRS. 2. Prepare a response letter addressing the specific issues outlined in the notice. 3. If applicable, attach any supporting documentation that may help clarify [...]

Form 8814 - Parents' Election to Report Child's Interest and Dividends

Purpose of Form Use this form if you elect to report your child's income on your return. If you do, your child will not have to file a return. You can make this election if your child meets all of the following conditions: -There was no Federal income tax withheld from the childs income. -The child was under age 19 (or under age 24 if a full-time student) at the end of the year. You cannot [...]

Can I claim my child's interest income?

Use Form 8814 if you elect to report your child's income on your return. If you do, your child will not have to file a return. You can make this election if your child meets all of the following conditions. -The child was under age 19 (or age 24 if a full-time student) at the end of the tax year. If the child turned 19 during the tax year, the child is not under 19. -The child's only income [...]

I don't have my W-2 yet. Can I file with my check stub information?

We strongly recommend against using your last check stub to file. You need information from your W-2 that is not included on your check stub. By using your last check stub to file you may miss out on credits, deductions, etc. In addition, if the information filed does not match the W-2, you will have to file an amended return. You cannot efile without the employers Federal ID provided on the [...]

What are the different status' of my return?

There are six general status' you may encounter with your tax return. Not finished: You started your return but did not finish it. This would be either because you did not complete the payment portion to submit your tax return, or your tax return has been removed from "queued" status at your request so you can make a correction. Queued: Your tax return is waiting to be sent to the IRS. You can [...]