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Tax Associates cannot prepare returns for these 2 states unless they are registered with that state as a preparer.
What are New York and Connecticut?
This is the highest marginal tax rate in the US for 2023.
What is 37%?
(for single filers with income greater than $578,125 or MFJ filers with income greater than $693,750)
According to this man, Intuit's CEO, "We're on a mission to power prosperity around the world, especially for those that need it most".
Who is Sasan Goodarzi?
This is a required document for customers who have health insurance through the Affordable Care Act (ACA).
What is 1095-A?
You must file an income tax return if your net earnings from self-employment are this much or more in 2023.
What is $400?
These are 5 of the 9 states that do not charge income tax in 2023.
What are Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming?
This would be the Product Level for a Full Service return with 4 W-2's, 1 1099-B, and 5 1099-DIV's.
What is PL3? (FS3)
W-2 income is PL1, More than $1,500 of Dividend Income is PL2, but 1 1099-B makes it PL3.
Taxpayers can contribute a maximum of $23,000 to these accounts for 2024.
($30,500 if you are over 50)
What are 401(k) accounts?
(Also 403(b) and most 457 Plans)
In 1696, England implemented a tax on these, taxing houses based on the number they contained. This resulted in homes being built with fewer of them, which became a public health concern, leading to the repeal of the tax in 1851.
What are windows?
While there are only 7 words you can't say on television, there are at least 9 you can't say at TTLive, including this "G" word, and this "B" word.
What are "Glitch" and "Bug"?
If you gave away more than $17,000 in 2023 (not including charitable donations), you likely need to file this form.
What is Form 709?
(United States Gift (And Generation-Skipping Transfer) Tax Return)
This baseball player, AKA "Charlie Hustle" served 6 months in jail for tax evasion between 1990-1991, but that's not the main reason he's notorious.
Who is Pete Rose?
(Banned from the MLB for life for betting on games)
This bank handles refund transfer transactions, when a customer uses their tax refund to pay their TurboTax fees.
What is Santa Barbara Tax Products Group?
(SBTPG)
If your Schedule C business fails to turn a profit for 3 years in a 5 year period, the IRS may deem it to be this.
What is a hobby?
(Expenses are no longer deductible, income still must be declared on Sch 1)
Richard Hatch, the first winner of this game show, went to prison in 2006 after failing to report his million dollar winnings to the IRS.
What is Survivor?