Answers to tax questions

Below are answers to tax questions many people have.

Earned Income Credit

Head of Household (HOH)

Dependent on a federal tax return

American Opportunity Credit

Section 529 plans

Health Savings Accounts (HSA)

Benefits of Incorporating a Business

S Corporations

Extension of Time to File a Federal Tax Return.

Inherited IRA

2023 Electric Vehicle Credit

Taxability of Social Security

Dependent Care Credit

Capital Gains Tax

Deductibility of Meals

Signing up for Medicare

Injured Spouse Status

Alternative minimum tax

New York State Tax Modifications

Retirement plans for Corporations

Trusts and Estates

Itemized Deductions

IRA Accounts

Form W-4

Estimated Tax Penalty

Gambling Winnings Taxation

Taxation of Alimony

Child Support Taxation

Identity Theft and the IRS

How long to keep records for IRS

Filing Amended Return

Marital Status on Tax Return

Taxation of Cancelled Debt

Education Tax Credits

Taxability of Life Insurance

Rental income Taxation

Stock Sale Taxation

Sale of a Home Taxation

Taxability of 401k Distributions

Standard Deduction for Dependents

401K Savings Account

Roth IRA

Standard Mileage Deduction

Uber Driver Deductions

Taxability of Dividends – not written

Interest Income Taxation- not written

Workers Compensation Taxation- not written