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Guides for your tax situation

• Form 1099-K: reporting thresholds and taxable income

  Receiving a Form 1099-K does not make every payment taxable. For third-party settlement organizations, the federal reporting threshold is more than $20,000 AND more

• Overtime deduction for 2026: what qualifies and what to keep

  The federal overtime deduction does not make all overtime pay tax-free. For tax year 2026, it generally covers the qualifying premium above your regular rate

• Next steps after an IRS CP2000 notice

  A CP2000 notice proposes changes because information from an employer, bank or other payer does not match your tax return. It is not a bill or a final decision.

• California annual LLC tax for new or inactive businesses

  A California LLC can owe the annual $800 tax even when it has no sales, no profit or no business bank activity. Inactivity does not cancel the entity. First check

• Filing taxes while your spouse waits for an ITIN

  A spouse's pending ITIN application does not automatically extend your tax filing or payment deadline. The right federal process depends on whether you are applying

• Why Covered California changed your tax refund

  Covered California can change your federal refund because the advance Premium Tax Credit is based on estimated household information. At filing, Form 8962 compares

• When someone already claimed your child on a tax return

  An e-file rejection saying your dependent was already claimed does not decide who is entitled to claim the child. First check the child's identifying information

• Options when you filed but cannot pay the IRS

  If your return is filed but you cannot pay the IRS in full, review payment options promptly and keep future filings current. Filing and paying are separate

• California tax filing after a move or remote work

  Moving out of California or working remotely does not by itself settle your California filing obligation. Part-year residents generally report worldwide income

• Moving from an ITIN to an SSN for tax records

  Once you receive a Social Security number, the IRS says to use it for tax purposes and stop using your ITIN. You must notify the IRS so earlier ITIN records can be

• Filing when an employer did not provide a W-2

  A closed employer or missing W-2 does not remove your obligation to report wages. Start by requesting the form and checking payroll access. If it is still missing

• Understanding an IRS identity verification letter

  An IRS identity verification letter means the agency needs to confirm who filed a return before processing it. It does not automatically mean you owe tax or that

• Preparing tax returns after a parent dies

  After a parent dies, the final individual income tax return is only one possible filing. Income belonging to the parent before death must be distinguished from

• Reporting the sale of an inherited home

  Selling an inherited home can create a reportable capital gain even when receiving the inheritance itself did not create ordinary income. The sale price alone is

• Adult students dependents and Form 1098-T

  A Form 1098-T does not by itself decide who claims a college student or receives an education credit. Dependency comes first. Then compare qualified expenses,

• California family tax credits for ITIN households

  An ITIN household may qualify for California tax credits even when it does not qualify for the federal Earned Income Tax Credit. California's CalEITC rules accept

• Closing a California LLC and its tax accounts

  Closing a California LLC means more than stopping sales or closing its bank account. Coordinate final tax returns, outstanding obligations and the Secretary of

• Health insurance premiums for S corporation owners

  Health insurance for a more-than-2% S corporation shareholder-employee needs coordinated company, payroll and personal-return treatment. Paying a policy personally

• Preparing incomplete business books for tax filing

  Incomplete books can be repaired more efficiently when the records are organized before tax preparation begins. Start with complete account statements, identify

• RSUs on your W-2 and 1099-B

  RSU income can appear on a W-2, while a later sale of the resulting shares appears on a 1099-B. Those are two reporting events, not necessarily the same income

• When a joint refund pays your spouse old debt

  If a joint tax refund was applied to your spouse's separate past-due debt, Form 8379 may help recover your share of the overpayment. This is injured spouse

• Understanding a 1099-R after a retirement rollover

  A Form 1099-R after moving retirement money does not automatically mean the entire distribution is taxable. A qualifying rollover can be reportable without being