media and communication
How much money do you need to start a renovation business?
If you are simply offering up your own skills and time as a part-time remodeler, the start-up cost will be around $50,000 to $75,000 as you will need a co...
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environment and climate
Who qualifies for the Hctc?
Claiming the HCTC requires that you are an eligible recipient of a qualifying trade adjustment assistance program, currently on an approved break from suc...
environment and climate
How do I renew my business license in Colorado?
How do I file a renewal? Log in to your account with your user ID and password. Click on “File a document”. On the Available for Filing page, click on “Re...
culture and society
Why is Turbo Tax taking so long?
Some tax returns take longer than others to process depending on your tax situation. Some of the reasons it may take longer include incomplete information...
education and learning
Can I employ someone on a tourist visa?
A tourist visa (B1) does not allow you to live and work or study in the US. It allows you to visit for a short time, but not to reside here or to support ...
culture and society
How does Box 12 affect my taxes?
Box 12 amounts with the code DD signify the total cost of what you and your employer paid for your employer-sponsored health coverage plan. Code DD amount...
health and wellbeing
What to do if you receive a 1099-C?
If you receive a 1099-C for a debt you were not aware was discharged, clarify the status of the debt with the creditor. If they are following the old rule...
data and analysis
Do I need to file an injured spouse form this year?
The form will be filed with your 2020 Tax Return, due April 15, 2021. Only the injured spouse needs to sign the form and be sure you include your tax form...
data and analysis
How does social security work if you have earned income?
For every $2 above the earned income limit, Social Security will hold back $1 in benefits. This benefit reduction is collected by the Social Security Admi...
media and communication
Do 100% disabled veterans pay property tax in California?
The Disabled Veterans’ Exemption reduces the property tax liability on the principal place of residence of qualified veterans who, due to a service-connec...
culture and society
Why do I have a Form 8995?
Use Form 8995 to figure your qualified business income (QBI) deduction. However, your total QBI deduction is limited to 20% of your taxable income, calcul...
global affairs
How do I get a 1099 G form from DC?
You’ll need to contact the issuer of Form 1099-G — probably the DC Department of Employment Services, if the form reflects unemployment — to get the infor...
health and wellbeing
Do you need Turbo Tax for prior years?
To do your taxes for prior years, you will need the tax software for those years. TurboTax Online is only available for the current year, however, you can...