Nobody on this web site can answer you, because we do not know the facts of your situation. The software company (Turbo Tax, Taxcut, etc.)...

You only just started, so don't push the panic button just yet. Wait one or two more pay cycles before you make any decisions. It's not clear...

To claim a child as a dependent, that child had to live with you for over half the year. If the child did not live with you at all during the year,...

First of all, you are not dealing with FRAUD. FRAUD requires intent. There is no intent here, simply a SNAFU on the part of somebody ----...

First of all, if you are administering an irrevocable trust of some sort, you need to be working with an expert trust law attorney. Is this a...

When you are in the process of divorcing, or even thinking about getting divorced, it is best to file "Married Filing Separate" even if you end up...

You need to sit down face-to-face with a CPA AND a business attorney to discuss your situation. It's impossible from your question to determine...

It sounds as though the IRS has prepared a SFR for you (substitute for return) for years 2019 and 2020. IRS sometimes does that when individuals...

You definitely need to engage the services of a professional income tax preparer before you get yourself into trouble. Best of luck to you.

As a general rule, lawsuit settlements are taxable income. That is why you received the 1099. If you are unsure how to prepare your 2023 income...