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    If someone died prior to getting an estate established, does a 1040 return need to be filed with the deceased ssn or does everything get put?

    ... in the estate?

    Example: person dies march 2019

    Spouse files joint return for 2019

    2020 comes and dead person still has bank accounts

    August 2020, estate executor gets act together and makes estate, gets ein, transfers stuff

    Does a 2020 1040 tax return need to be filed with the deceased person's ssn or do all those assets go into the estate  (even though the paperwork says person and not estate) and filed with the 2020 1041?

    5 AnswersUnited States2 days ago
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    Is rent a legitimate business expense for a Doordash driver who works for 50 to 80 hours per week?

    I am running into what seems to be a grey area while sitting down to fill out my tax return. I work for Doordash more than full time. As a Doordash driver I am considered to be an independent contractor and because of that I am asked to fill out a Schedule C on my tax return, or what I guess is my declaration of business expenses. 

    I have read on the IRS website that rent can be considered tax deductible if my apartment is used for legitimate business purposes in my trade or profession. I literally only use my apartment to eat, sleep, shower, and take one day off from work per week to rest from driving. 

    To me, I think that my rent is a legitimate business expense. I am not using my apartment for leisure or for any great deal of personal use. 

    I read that I can file it as an expense based on percentage of how much use I think is for business and how much is used for personal use. 

    Again I think it is a legitimate business expense, but I am worried about being questioned or audited by the IRS in the event that they do not see it as a business expense. The last thing I want is legal problems or to have to pay heavy fines.

    I may have to look around and see if there are some accounting websites or legal resources to ask, but I thought I would begin here.

    Does anyone have experience with this sort of thing or a similar work situation who may be able to provide some good advice? 

    Thank you for reading this, serious, friendly, and helpful responses will be appreciated.

    12 AnswersUnited States1 week ago
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    Can i edit my taxes after i already filed?

    I filed my taxes as soon as i could bc i thought it would be the responsible thing to do, BUT I filed as a dependent. My parents didn't claim me this year therefor i should've filed as independent. I am 20 and live in texas. If i can change my taxes, would I get the stimulus check?

    4 AnswersUnited States5 days ago
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    How long does it take to get a federal tax refund? ?

    -I filed 26 days ago

    -It’s been “pending” for almost a week now

    -I already got my state tax refund

    4 AnswersUnited States7 days ago
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    Where is My Federal Tax Refund?

    Okay, so here are the details.

    1) I did my taxes in early February, it's now been 2 months and no federal refund.

    2) I did however get back my state tax refund back

    3) I was alerted by email from H&R Block a few days after doing my taxes that both federal and state tax refunds have been approved by the IRS

    4) The numbers to call for the IRS do not work "due to overload of calls" the automated voice says goodbye on all of the numbers provided on irs.gov

    5) When I go to irs.gov to ask digitally, it just says "refund processing"

    6) I called H&R Block, one guy said with the overload of taxes and stimulus checks to expect it later than usual this year but it's very unusual to wait 2 months like this.

    First question is, should I push this harder with H&R Block and insist they try to get ahold of the IRS for me since they have a hotline directly to them

    Another question, is there really no number that works? No email even? I would love to speak to them directly but it seems impossible or they don't care.

    My next question is, have any of you had this issue with your federal refund and waiting as long as I have for it to come via direct deposit?

    Last question, should I just be patient and wait? Also, if 2 months isn't long enough when is it long enough to start worrying? I can't even call the IRS to ask anything!!

    5 AnswersUnited States1 week ago
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    Is it legal to not claim Retirement Savings Contributions Credit (Savers Credit)?

    Filing taxes and only have savers credit of $50 but to claim it on TurboTax would cost $60+, otherwise I can file for free. I read on one of their forums that it is legal to not claim by saying you are a full-time student. 

    Is this true even if I am 23 and not a student?

    5 AnswersUnited States1 week ago
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    Tax stimulus ?

    Okay yall so my friends cousin who lives in mexico was born here in the united states. She said that her cousin has never never worked here in the US. He came last month worked for 2 weeks at mcd then left back to Mexico. He worked for 2 weeks! And he claims he filed his taxes with his paystubs. And now he received 2 $1400 stimulus checks to his bank account. Makes no sense he randomly “filed” his 2020 taxes with no W2 and no work in 2020 And received his stimulus checks in Mexico where he currently lives. Im just trying to figure this out because i didn't get one still and he magically gets one instantly. Someone explain. 

    4 AnswersUnited States1 week ago
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    Should I amend my taxes? ?

    Favourite answer:

    You are reading something wrong.  You do not pay back your stimulus checks.  Try again.

    6 AnswersUnited States2 weeks ago
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    Any idea how much and when we can expect to see our refund due to the 2020 unemployment exemption?

    Favourite answer:

    I'll assume you are married filing jointly because you didn't specify but you mentioned "we filed"

    With a taxable income of $89,931 your tax liability was $11,365. When you filed your return you applied all credits and payments against that liability and got a refund of any amount over that liability.

    With the new unemployment exemption of $10,200 your taxable income will be reduced to $79,731. Your new tax liability for the year will be reduced to $9,173. This will result in an additional refund of $2,192 (the difference between your original tax liability and your new one).

    As Wayne Z mentioned - don't hold your breath, I will probably take many months for the IRS to get through these returns and get the adjustments sent out.

    For those who don't realize what's going on here - the recent stimulus bill included a provision to make the first $10,200 worth of unemployment benefits non-taxable, and the provision is retroactive to 2020 taxes even though it wasn't passed until 2021. So the IRS said that anyone who already filed their 2020 taxes does NOT need to file an amendment. The IRS will go back through all the returns filed before this law passed and make the adjustment for anyone who had unemployment income and automatically send them whatever additional refund they get as a result.

    Marvin is in this situation - he already flied, but originally included all of his unemployment benefits in the taxable income. So the IRS is going to automatically apply the newly passed exemption and send him a refund for the difference.

    6 AnswersUnited States2 weeks ago
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    Do I have to put 1099 Form for stocks on my taxes?

    I learned to do taxes at H&R Block back in 2015. Worked for them for a season. I’ve been doing my taxes myself since on TurboTax but still consider myself a beginner. Question may be dumb but still wanted to ask since I am not sure. It only shows proceeds 18.20 costs basis 15.22 so the gain/loss at 2.98. Must I report this on my taxes? I’m only asking cause I want to file for free rather than paying for putting 1099 on there

    6 AnswersUnited States2 weeks ago
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    401K tax rate?

    Favourite answer:

    No, that (usually) won't help.

    When you file "married filing separately" you each get half of the standard deduction and you each get to earn half as much money within each tax bracket before hitting the next bracket.

    Best case scenario if you both have about the same amount of income then this will work out about the same as filing jointly but no better.

    Worst case scenario if one of you has significantly more income than the other you'll pay a lot more tax because the higher tax rate kicks in sooner on the spouse with high income.

    The best strategy is to understand your tax brackets and withdraw what you can each year without pushing you & your spouse into the next bracket, or better yet just defer your withdraws until both of you are retired so you aren't paying the higher rates while your wife still works. When in doubt - spread it out (meaning take a little every year, not a lot in one year).

    10 AnswersUnited States2 weeks ago
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    What are the odds someone has cashed my stimulus check?

    The irs mailed my check on the 26th of March.  Its the 31st and its still not here.  I just got off the phone with an its rep.

    I asked him if he could see if someone cashed my check without my knowledge.  He told me they wouldn't do it until a month of it being missing.

    What are the odds of someone cashing my stimulus already and what would I be able to do about it?

    4 AnswersUnited States2 weeks ago
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    Why is the IRS not giving taxpayers their refunds back this year? ?

    Favourite answer:

    If you didn't get your refund in under 30 days, you should go over your returns again--and see where your mistakes are. Because that is the most likely reason. 

    This happened to me--filed 2/12, didn't hear anything except that same message--and went over all my stuff again and discovered that it was because I had mistakenly filed for the Recovery Rebate Credit when I didn't deserve it. Filed an amended return. The problem was this:  I received the first stimulus payment in 2020, and both the second and third one in 2021, not even a month apart. I did not realize that even though I didn't get the stimulus until 2021, I still had to report I got it.  I had to fix that. It took my refund from over $400 to 0--and I actually had to PAY taxes. Which is what I did. My amended return was accepted immediately. I will not get a refund, but at least I won't be audited for fraud either. 

    Maybe your situation is similar. If you e-file, you should get any refund within 20-30 days. If you don't, there's something wrong with your return and you need to check it over. 

    6 AnswersUnited States2 weeks ago
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    Someone claimed my child on their taxes ?

    How or what I need to do about this ? And would I still 

    Be able to claim him ? 

    8 AnswersUnited States2 weeks ago
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    My daughter got $600 instead of $1400 stimulus The IRS site they ask for stupid ways to verify your identification, but not fo voting?

    She is trying to find out why she has been shorted on the last 2 checks

    The IRS says enter student loan, mortgage, car loan, credit card number for verification.

    All these can be falsified easily. 

    9 AnswersUnited States3 weeks ago
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