TTLive
Taxpayers under this age are not eligible for Full Service tax preparation.
What is 18?
This is the highest marginal tax rate for Tax Year 2024.
What is 37%?
On income over $609,351 for single or HOH filers, $731,201 for MFJ filers, and $365,601 for MFS filers.
Recently measured in the hundreds of billions of dollars, this is the difference between the tax due to the IRS and the tax collected by the IRS in a given year.
What is the Tax Gap?
This will be the service type if a customer initiates a call or chat after completing a final review of their return.
What is Expert Review?
This will be "recaptured" by the IRS after the sale of a rental property, even if it was never claimed in the first place.
What is depreciation?
Often referred to as "sin taxes", these taxes are placed on certain items like cigarettes, alcohol, or gambling at the time of purchase.
What are excise taxes?
This survey will be sent to your Full Service client's email after your first 5 minute interaction with them.
What is tNPS survey?
This test will determine if you are a U.S. resident for tax purposes.
What is the substantial presence test?
This is the highest ever marginal tax rate imposed by the United States.
What is 94%?
On income over $200,000 during WWII
This phone status should be used for your "daily commute" setting up your tools.
What is Research?
Regardless of where they are stationed, an active duty military member's state residence for tax purposes is this location.
What is "Home of Record"?
(Usually the State of residence when they entered the military)
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?
You must do this before closing any engagements that have not auto-closed in the Post File stage.
What is check the cart?
This "salty" deduction was capped at $10,000 by the Tax Cuts and Jobs Act (TCJA) for the years between 2017 - 2025.
What is the State and Local Tax Deduction?
(SALT)
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"?