This morning TaxMama received a press release from Harry W. Buckley, president and chief executive officer of Jackson Hewitt Tax Service Inc. in response to IRS’s announcement yesterday about removing the debt indicator from the electronically filed tax returns at the time of filing.
Dear Family, It’s been pouring all morning. Last night, working here in front of the patio window, it suddenly got a bit frightening. Can you be struck by lightening inside your own house? There were flashes so close to me that I had to back away from the computer, the the things on the desk, […]
Today TaxMama hears from Petey in Texas who is concerned. “I had to withdraw about $10,000 for air conditioner replacement and other household maintenance from my annuities. Because of these withdrawals, my taxable Social Security income has gone from $4,800 last year to $13,000. this year. Does this sound right to you? Could I be […]
Today TaxMama hears from Trudy in New Jersey who wants to know, “In regards to the tax rebate. If you claim your parent as a dependent do you get a credit for them? My husband and I have 3 children and also claim my mother on our taxes as a dependent. She lives with us […]