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I filed my taxes with Turbo Tax and submitted the forms with

I filed my taxes with Turbo Tax and submitted the forms with E-File on April 11. A few days later I received an e-mail saying that my file was rejected due to a Turbo Tax problem, so following instructions I refiled and that was fine. Three days ago my wife was checking to see if the IRS had deposited our return of 197.00, it had not. She then checked Turbo Tax and it was stated that our forms ,with a return of 852.00 had been rejected What can I do to lower the fine I am sure will be given to me?JA: What state are you in? It matters because laws vary by location.Customer: TNJA: Has anything been filed or reported?Customer: I have not done anything but refilewith Turbo TaxJA: Anything else you want the lawyer to know before I connect you?Customer: I can't think of anything. I juts don't know what to do .

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Mark Taylor

Certified Public Accountant

Masters

3,820 satisfied customers
I filed my business return about a month late accidentally.

I filed my business return about a month late accidentally. My return was accepted, I overpaid the amount I owed when I filed, and was waiting for a refund. Then I got something in the mail with the notice date on 4/24/17, which was oddly a date in the future at the time, and it said how much I owed. It also said to disregard the notice if I had already paid. It also adjusted the amount I owed based on my failure to pay proper estimated taxes. I still would be owed a refund. Now it is 6/25, and I filed business and personal taxes at the beginning of April. Online it still says my taxes are processing. Is it normal for them to take longer when you file late?

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5,034 satisfied customers
We filed an amended tax form 1040x, 3 weeks ago 2 and a half

We filed an amended tax form 1040x, 3 weeks ago 2 and a half weeks ago. I have checked the IRS website. They do not acknowledge that they received the form. How long should it take for a receipt. Approximately when should we get a refund?

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Mark Taylor

Certified Public Accountant

Masters

3,820 satisfied customers
My wife is a Japanese Citizen. I, am a Japanese resident. we

My wife is a Japanese Citizen. I, am a Japanese resident. we both live in Japan. ever since we have been married (27 Years) we have filed MFJ. However, because of the FBAR rules and penalties, for 2016, I want to file MFS....question is, what will happen if she doesn't file? Her income is Japanese from a Japanese company. Mine, is from an American company, but considered tax exempt due to physical presence for the entire year. Can you advise?

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Robin D.

Vocational, Technical or Trade School

25,662 satisfied customers
My wife is retired and I will retire early next year. We

My wife is retired and I will retire early next year. We want to buy a house in a retirement community out right with retirement savings (Cash). Our income level is right around $115,000 (net) and we will be spending around $165,000 for the house. With pulling out this amount of money what could the tax implications be on the withdrawal?JA: You just pay a $5 deposit now and the rest only when you get a reply from the expert. All of this is 100% satisfaction guaranteed, so you can get a refund if you're not happy for any reason.Customer: OK. How and where do I go to pay?JA: When we are ready I'll take you to the appropriate web page.Customer: OK. Let's go for it.JA: The expert will know how to help. Is there anything else the expert should be aware of?Customer: We do own a home now and will sell next year so we should get some equity out of it, but maybe not much. Our income next year will be only SS after February. We are in the state of NY and will be moving to TX.

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Robin D.

Vocational, Technical or Trade School

25,662 satisfied customers
I defaulted on paying back my 403b Loan. I have Leukemia and

I defaulted on paying back my 403b Loan. I have Leukemia and my medication costs overwhelmed my ability to pay my loan on time. I will turn 59 1/2 in May of 2018, My 1099-R will be issued for 31037.08. My current account value is 42066.13.First, I am trying to find out what my penalty and taxes will be on the 31,037.08.Second, when I turn 59 1/2 I understand the loan at that time will be "closed", I don't think that my loan value at that time would be decreased by the amount of the default as I have alreay received that amount, am I correct?Third, at 59 1/2 I plan to withdraw approximately $30,000 to pay off my daughters school loan.Am I thinking correctly or am I screwed?

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PDtax

Owner

Master's Degree

8,048 satisfied customers
We paid an employee $2,900 GROSS in error back in 2013. The

We paid an employee $2,900 GROSS in error back in 2013. The employee has agreed to pay us back the $2,417 NET. Would we need to do an adjustment in teh W2?JA: The expert will know how to help. Please tell me more, so we can help you best.Customer: We paid an employee $2,900 GROSS in error back in 2013. The employee has agreed to pay us back the $2,417 NET. Would we need to do an adjustment in the W2?JA: Is there anything else important you think the expert should know?Customer: Nope

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

22,536 satisfied customers
I've efiled with TT for several years, successfully. My 2016

I am Edward ******. I've efiled with TT for several years, successfully. My 2016 Fed return calls for a refund of $945.00. The iRS has informed me that, for security purposes, I must take certain documents to a Taxpayer Assistance Center for verification of my identity. Can you help me on this matter? Thanks,,I'm hoping. JA: The expert will know how to help. Is there anything else the expert should be aware of? Customer: No, just that I need to retrieve from TT my tax returns---for the years 2016 and 2015---along with accompanying information returns [W-2s and 1099s] for both years.

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PDtax

Owner

Master's Degree

8,048 satisfied customers
Tax Experts My client did not file 2008-2016 tax returns. He

Tax ExpertsMy client did not file 2008-2016 tax returns. He is a real estate professional and had significant losses in 2008-2010. Can we go back to file loss year tax returns, report losses, and carry forward it the future years. Is there a statute of limitation?

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PDtax

Owner

Master's Degree

8,048 satisfied customers
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