Prior to becoming the TurboTax Blog Editor, she was a Technical Writer for the TurboTax Consumer Group and worked on a project to write new FAQs to help customers better understand tax laws. She could also be seen helping TurboTax customers with tax questions during Lifeline. For Lisa, getting timely and accurate information out to customers ...
Having an ITIN does not change your immigration status. You are required to meet government requirements to receive your ITIN. Additional fees and restrictions may apply. By authorizing H&R Block to e-file your tax return, or by taking the completed return to file, you are accepting the return and are obligated to pay all fees when due. ...
In addition to the six tests mentioned above, your income determines whether or not you can claim the CTC. First, you need to have earned income of at least $2,500 to qualify for the credit. Then, as your adjusted gross income increases, the child tax credit begins to phase out. The Child Tax Credit is designed to give an income boost to the ...
Support – Must not have provided more than half of their own support during the year. Age – Must be under age 19 or under 24 and a full-time student for at least 5 months. They can be any age if they are totally and permanently disabled. Relationship – Must be your child, adopted child, foster-child, brother or sister, or a descendant of one ...
Trickle-Up Economics, available as an ebook or paperback, describes the best tax policy for any economy, based on 3 simple economic principles that anyone can understand. We read almost daily that the rich are getting richer and that inequality continually increases. Although there are several reasons for this, a major factor is an unfair ...
They knew the software problem would not allow filers with a 1099-NEC to be able to E-file. On 2/15/21, I was completing my 2020 tax returns. After the website had been advertising for a $40 return and additional $40 return , I was charged $90 and then an additional $50. I did not received or request any additional services and would like a ...