I keep hearing language around a "late payment penalty" or a
"underpayment penalty" or an "estimated tax penalty." Ideally it doesn't
come to fruition but should a penalty be imposed by the IRS, how does
that get communicated to the tax payer? Let's ...read more
madj2025Posted a month ago
| Latest post a month ago by
evelynm
We had to put a new roof on our house in 2024 due to the extensive leaks
and saturated boards from Hurricane Helene. We filed insurance; however,
they denied us stating roof was not properly put on when house was built
in 2016. We obtained multiple q...read more
MamaC1Posted a week ago
| Latest post a week ago by
mtufaro
I'm wondering how to adjust my W4 to be more accurate, since my family
owed a lot this year. My husband and I both work, I make slightly more.
We have 1 child born in 2024. We've been filing jointly for many years
but are open to other options if its...read more
kburns925Posted 3 weeks ago
| Latest post 3 weeks ago by
evelynm
My wife and I file jointly. We are both educators. Combined income
~$155k. 2 children (13 & 15) Both of us claim 0 yet we still end up
owing $4k the past 2 years, this just started to happen, up until then
we received a refund. We are not in a positi...read more
I need to update my W4s because we have had to pay thousands in taxes
each year. I don't understand how to fill out the new W4 forms since the
forms have changed. We file Married with two or more incomes and have
(1) 13 yr old dependent. I looked ove...read more
WendyFoyPosted 3 weeks ago
| Latest post 3 weeks ago by
evelynm
We're both W2 employees, but partner has a side gig/LLC and I also have
"hobby income" from Amazon VineWages are $90K+~$3K hobby, and
$120K+~$15K from 1099, married filing jointWe will have 2 dependents for
2025, don't max 401k Roth contributions, bu...read more
candace-pPosted 3 weeks ago
| Latest post 3 weeks ago by
evelynm
My husband is retired and is collecting an Arizona state retirement
check each month. I work full time and he has gone back to work full
time. So we have three incomes. I'm having an issue with my W4. I don't
think they're withholding enough so I'm n...read more
alrobin12Posted 3 weeks ago
| Latest post 3 weeks ago by
KusyJ
Dear TurboTax community, My wife and I will be tax residents for tax
purposes in both the US (substantial presence test) and Ireland (183 day
presence test) in 2025. Ireland and the US have a double tax agreement
(DTA) with residency tie breaker rule...read more
