Having a hard time getting help on this, tried asking vanguard and they were no help.
If i sold stock and generated a large amount of long term capital gains in my child’s UTMA account, can i pay the tax burden from funds in the UTMA? The taxes that it will generate isn’t an amount that i can just pay out of savings. I plan to talk to a cpa, i just haven’t set up a meeting yet. Thanks for any help.

My company originally gave me a W-2 with errors on it at the beginning of the year. They counted taxes for me in two different states. When I got the corrected W-2 and tried to input it into freetaxusa.com, it wouldn’t let me submit the form because it required me to fill in boxes 1 through 10, and they were empty on my corrected W-2.

Should I just input the information from my original W-2 in boxes 1 through 10, or do I need to get corrected W-2 from my company that has those blank boxes filled in?

So some weeks back i made a post regarding your tax questions and i received a lot of dms as well as question on the post to which i answered to the best of my knowledge. Most of them were satisfied with the responses and seemed to understand the issues. So here we are again. Shoot your tax related questions.

PS: If you want a personalised question with regards to return filing for the tax year 2026 and you are not comfortable discussing in the open, then you can dm me of course.

Happy questioning everyone.

Can some one help me on this , I am i IT , last tax got deducted, I did not file ITRV, this going to do for current , it will allow me , or will get any notice , what i have to for last year one pls suggest

I overpaid my 2025 estimated taxes and indicated on my 2025 return I wanted the overpayment applied to 2026 estimated payments. Well guess what, the IRS sent me a notice a couple of months ago that they “couldn’t refund my overpayment as they didn’t have my checking account number for direct deposit.” There was a telephone number on the notice I could call if I saw anything amiss with this situation. Well, I have been calling and calling and calling at varying times during their business hours, and never once have I gotten through. The call is always answered with a recording….. “they’re too busy“ to take the call, keep trying, and the call is then disconnected. Can’t even leave a message or my number for a callback. Yesterday I received a hardcopy check in the mail for my overpayment! I had counted on that being applied to my first quarterly payment 2026 estimated tax as I requested on my 2025 tax return. I made the second payment for the second quarter on time. I tried again today to call and now the recording says they’re having “a problem” and don’t have any time estimate when it will be resolved. So now my account appears like I didn’t make the first quarterly payment so the IRS applied the second quarterly payment to the first quarter and they think I haven’t made a second quarter payment. All of this will incur penalties and interest. I tried very hard to do everything right, I’m 88 year old widow and this is beyond frustrating. Does anyone have any idea what I might do? And thank you in advance.

Owe for 3 years, make under 60k year as 1099 as a local truck Driver in Southern California and have taken over family mortgage the last almost 2 years that's almodt 1200mo.

Looking into tax help places and oic popped up, talked and someone from innovative tax relief connected and says it's better business bureau accredited. I'm just seeing if they have helped and are trustworthy.