To report a qualified charitable distribution on your Form 1040 tax return, you generally report the full amount of the charitable distribution on the lin...

To correct Type 1 errors, file the correct form with the correct amount, code, checkbox, name or address and check the “CORRECTED” box (generally located ...

45 Business Ideas Perfect for the Work At Home Mom Artist. If you have some artistic talent, you can start just about any business that reflects your abil...

If your spouse owes child support, you can still choose to file your taxes under the ‘married filing jointly’ designation. That being said, you may discov...

If you haven’t filed returns and paid self-employment tax, your earnings for those years won’t get counted toward your future Social Security benefits. Th...

Typically, a partnership interest is represented by a percentage pro rata to the capital contribution made by that partner. For instance, where a partner ...

Federal stimulus passes with $1,400 for most Illinoisans, $13 B for government. Illinois can use this opportunity to fix state finances. Congressional lea...

People who immigrate to the United States at age 65 or older may be entitled to Social Security benefits. They must either have 40 U.S. work credits (abou...

Independent contractors, sole proprietors of businesses, and individuals joined in a partnership are all self-employed persons. What is a self-employed bu...

To access your current or prior year tax returns sign onto the TurboTax website with the userID you used to create the account – Scroll down to the bottom...