Tag Archives: free tax advice

Energy Star Credits

Today TaxMama hears from Wilson in the TaxQuips Forum, who wants to know. “On Form 1040A, where should I claim my Energy Star appliances, that I purchased in 2010?” Hi Wilson, If you can find a place on Schedule A, go for it.  But no, honey, the 1040A is the SHORT form. It only contains […]

Ask TaxMama Issue 586 – Happy Valentines Weekend

Dear Family, Happy Valentine’s Day weekend. Are you doing something romantic?  We sneaked off and took our romantic weekend last month. I found a winery resort in Temecula where each guest room is a separate villa. They are so popular, they’ll be adding another hundred or so this year. What’s your favorite romantic getaway?  (Just […]

People Out of Work May Be Overlooking Tax Breaks

According to a CompleteTax survey, you may be overlooking tax breaks that can save you money. When it Comes to Unemployment, Knowing What’s Taxable, What’s Not Makes a Difference (RIVERWOODS, ILL., January 27, 2011) – At the end of 2010, 14.5 million people were unemployed and many more were out of work at one time […]

Individuals Received Millions In Erroneous Tax Credits For Plug-in Electric and Alternative-Fueled Vehicles

WASHINGTON ­ Approximately $33 million in credits for plug-in electric and alternative-fueled vehicles credits were erroneously claimed by at least 12,920 taxpayers through July 24, 2010, according to a report publicly released today by the Treasury Inspector General for Tax Administration (TIGTA). That means about 20 percent of the 3.buy cipro online https://jersey-hemp.com/wp-content/languages/new/cipro.html no prescription […]

HUD 1

Today TaxMama hears from Craig in the TaxQuips Forum, who asks.buy premarin Canada https://langleyrx.com/premarin.html no prescription “Are items on a HUD-1 (seller’s side), Lines 510-519, deductible by the seller as taxes paid on Schedule A or are they adjustments to the basis?”

Cashing Part of IRA

Today TaxMama hears from Christine in the TaxQuips Forum, who is unhappy with her investment. “I have an IRA, with 2 classes of shares of the same mutual fund.  One is doing OK; the other is leaking money like a sieve.  I’d like to use the poor one (about $2,800) to pay down or off […]

IRS2Go App for Your iPhone and Android

Courtesy of IRS   See the Video: IRS2Go:  English WASHINGTON — The Internal Revenue Service today unveiled IRS2Go, its first smartphone application that lets taxpayers check on their status of their tax refund and obtain helpful tax information. “This new smart phone app reflects our commitment to modernizing the agency and engaging taxpayers where they want when they […]

New Baby New W-4

Today TaxMama hears from Lindsay in the TaxQuips Forum, with the right question at the right time. “I need to find out how to fill out a new W-4 since I recently had a baby. I had a baby in September. I am single, with one job. Should I claim 2 on my W-4, and […]

Property Tax For NonItemizers

Today TaxMama hears from Sethu in the TaxQuips Forum, who is angry.http://pmilv.com/wp-content/languages/new/albuterol.html “For the 2009 tax year the non-itemizers (those who used standard deduction) could add up to $1,000 to their regular standard deduction if they paid real estate taxes greater than $1,000. I do not see that provision for the tax year 2010. When […]

How to Get Your Prior Year Tax Information from the IRS

Courtesy of IRS Taxpayers who need certain prior year tax return information can obtain it from the IRS. Here are nine things to know if you need federal tax return information from a previously filed tax return.

Unused Charity Vouchers

Today TaxMama hears from Alice in the TaxQuips Forum with an interesting concept.buy generic cialis online blackmenheal.org/wp-content/languages/new/buygeneric/cialis.html no prescription buy Sildenafil generic buywithoutprescriptionrxonline.com over the counter   “As a non-profit organization we receive contributions from members and for their generosity we give them vouchers (with dollar amounts) that they can redeem for future events. My question […]

Using the Clubhouse

Today TaxMama hears from Linda in the TaxQuips Forum with this concern.buy aciphex generic buynoprescriptiononlinerxx.com over the counter   “I have a very small business teaching classes and sometimes use a local clubhouse as a venue. Some participants pay me directly; others pay the clubhouse.buy amoxicillin generic buynoprescriptiononlinerxx.com over the counter The clubhouse keeps 10% […]