data and analysis
How does 1095-C affect my taxes?
No, the 1095-C form just proves that you had health coverage. It would not affect your refund as long as you answered the Health Insurance questions accur...
Category: Data And Analysis
data and analysis
What is line 14 on a W-2?
Box 14 — Employers can use this W-2 box to report information like: A member of the clergy’s parsonage allowance and utilities. Charitable contributions m...
data and analysis
Are federal student loans sold to collection agency?
Federal student loan debt is never sold to a collection agency. Instead, the federal government assigns defaulted student loans to a debt collector to han...
data and analysis
How do you respond to good thank you?
How to Respond to Thank You (In Any Situation) You’re welcome. You’re very welcome. That’s all right. No problem. No worries. Don’t mention it. It’s my pl...
data and analysis
How does a trustee benefit from a trust?
A trust might be created to provide legal protection for the assets of the trustor and to ensure that the assets are distributed properly. A trustee is th...
data and analysis
Is it stressful to be self employed?
Self-employment can bring some unique sources of stress. Self-employment is a dream come true for independent types, in large part because it can be deepl...
data and analysis
When to know if your tax return is still being processed?
The IRS representatives can only research the status of your refund 21 days after you filed electronically or six weeks after you mailed your paper return...
data and analysis
Can I make a living with dropshipping?
Is dropshipping profitable? Yes, dropshipping can be profitable to merchants. Dropshipping is a low-risk business model that allows you to sell products t...
data and analysis
Can a separated spouse file a tax return?
In order to file a tax return with the status “separated”, you must have been separated from your spouse for at least 90 consecutive days by December 31st...
data and analysis
Can I use TurboTax without downloading?
There’s no software to install and nothing you’ll need to save on your computer. We’ll store all of your information on our secure servers. TurboTax Onlin...
data and analysis
Can a sole proprietor use TurboTax?
TurboTax has two products to serve business owners—TurboTax Home & Business is designed for sole proprietors and 1099 contractors, while TurboTax Busi...
data and analysis
Can a deceased spouse file a tax return?
A deceased taxpayer’s social security number shouldn’t be used for tax years after the year of death, except for estate tax return purposes. Claiming a Re...
data and analysis
How can I get an identity verification letter from the IRS?
The IRS offers only two ways to verify your identity: Online at the IRS Identity Verification Service website. By phone at the toll-free number listed on ...