Where do I enter my mortgage interest paid?

Enter your mortgage interest paid during the tax year, go to the Deductions section of the return. Select the "itemized deductions", then "help me decide". Proceed to the section for "Interest you paid". If you received a form 1098, Mortgage Interest Statement, enter the value to the correct space. If you did not receive a form 1098, there is an entry location indicating you did not receive a [...]

Can I claim Employee & Related Expenses ?

Starting tax year 2018: The form 2106 will be used by Armed Forces reservists, qualified performing artists, fee-basis state or local government officials, and employees with impairment-related work expenses. Due to the suspension of miscellaneous itemized deductions subject to the 2% floor under section 67(a), employees who do not fit into one of the listed categories may not use Form 2106. [...]

Itemizing Deductions

New York itemized deduction Beginning with tax year 2018, the Tax Law allows you to itemize your deductions for New York State income tax purposes whether or not you itemized your deductions on your federal income tax return (federal Schedule A, Itemized Deductions). For more information, see our New York itemized deductions webpage at www.tax.ny.gov (search: itemized). In general, your [...]

If You Owe ...

Payment options for tax owed to the IRS are available in the OLT software, choose from the following: Electronic funds transfer (EFW), this is a direct debit to your bank account by the IRS once the return is accepted. Enter your bank routing number and account number and a date to authorize the payment (if prior to April 18th (for the 2021 return). Mail payment directly to the IRS by check. [...]

Starting a new tax return

At www.OLT.com, click on "start now" to create a new OLT ONE Account. All customers (new and returning) will create an account. (If you created an OLT ONE acount during 2021 to complete your 2020 return or review a prior year, click on "sign in" to access the account, you do not need to create an additional account) Returning customers with an OLT ONE account will enter the username, password, [...]