The main purpose of the W-9 is to provide your correct taxpayer ID number to the company you’re contracting with. Companies use W-9’s to file Form 1099-NEC or Form 1099-MISC, both of which notify the IRS how much they’ve paid to non-employees during a tax year. You don’t know the person or business that’s asking ...
It’s not a requirement, but you can only do it when you’re first starting the new return. Browse to where you can easily find the saved file, such as your Desktop. We cannot see your return or information in this forum. You may need to upgrade to TurboTax Live Help or contact TurboTax Support for assistance. Live agents can see ...
Restricted stock units and stock grants are often used by companies to reward their employees with an investment in the company rather than with cash. How your stock grant is delivered to you, and whether or not it is vested, are the key factors when determining tax treatment. There are two main types of stock options, each with its own tax ...
The company calls the truly free version the Freedom Edition. Finish your tax return in one visit or do a little at a time. We automatically save your progress as you go, so you can always pick up where you left off. We’ll guide you through life changes and their impact on your taxes, so you get every tax deduction and credit. To find ...
This is an excellent option for someone who wants to have the highest level of tax preparation expertise but doesn’t want to pay the high cost of engaging a CPA to do the entire job. Just remember that, for TurboTax Live, you’ll pay about twice as much as you normally would for the software. If you make less than $34,000 per ...
100% of business meals (rather than the current 50%) will be deductible beginning in tax year through tax year 2022 as long as the expense is for food or beverages provided by a restaurant. You can also deduct the entire cost of repairs and painting needed for your home office. Working from the comfort of your own home can help you maximize ...