What should I do if I made a mistake on my federal return that I have already filed?

It depends on the type of mistake that you made:
Many mathematical errors are caught in the processing of the tax return itself so you may not need to correct these mistakes.
If you did not attach a required schedule the IRS will contact you and ask for the missing information.
If you did not report all your income or did not claim a credit you should file an amended or corrected return using Form 1040X (PDF), Amended U.S. Individual Income Tax Return.

When filing an amended or corrected return:

Include copies of any schedules that have been changed or any Form W-2 (PDF) you did not include. File 1040X only after you have filed your original return. Generally, for a credit or refund, you must file Form 1040X within 3 years (including extensions) after the date you timely filed your original return or within 2 years after the date you paid the tax, whichever is later.

Please allow the IRS 8-12 weeks to process an amended return.

How much does your service cost?

We offer our tax service at all different levels:

    Student Price - $49.50/month - Simple Do It Yourself Plan
    Profession Price - $69.50/month - Dedicated Webmaster Plan
    Custom Platinum - $99.50/month - Search Engine Marketing Plan

What are the upfront fees?

Price List for 2023 Tax Year

Regular Filing Fee

    1040, 1040NR $95.00
    1040X (AMEND) $129 & UP
    FORM 1065/1120-S/1120 $699 & UP

Each includes one state, additional states are $39 each.

Itemized Forms

    Schedule A, $29 & UP

    Schedule D $29 (Per Platform)
    Schedule E $59 & UP
    Schedule F H J $129 & UP

How much does an unmarried dependent student have to make before he or she has to file an income tax return?

If you are an unmarried dependent student, you must file a tax return if your earned and/or unearned income exceeds certain limits.

To find these limits refer to Who Must File, Dependents in Publication 501,Exemptions, Standard Deduction and Filing Information

Even if you do not have to file, you should file a federal income tax return if you can get money back (for example, had income tax withheld from your pay; you qualify for the earned income credit; you qualify for the additional child tax credit). See Who Should File in Publication 501, Exemptions, Standard Deduction and Filing Information, for more examples.

What types of work-related educational expenses are deductible?

Deductible work-related educational expenses include:

    Amounts spent for tuition, books, supplies, laboratory fees and similar items.
    Transportation and travel expenses to attend qualified educational activities may also be deductible.
    For more information refer to Publication 970, Tax Benefits for Education.
    For work-related education expenses, refer to Tax Topic 513, Educational Expenses.

How to Choose the Right Plan

What are the limits for deducting interest paid on a student loan?

The maximum deductible interest on a qualified student loan is $2,500 per return.

There is no deduction if any one of the following is true:

    You file as married filing separately,
    You are claimed as an exemption on someone else’s return,
    The loan is from a related party or a qualified employer plan,
    You are not legally obligated to pay interest on a qualified student loan, or
    You did not pay interest on a qualified student loan.

There are limits based on your filing status and adjusted gross income.

Have you received a letter from the the IRS?

If you receive a letter or notice from the IRS, it will explain the reason for the correspondence and provide instructions. Many of these letters and notices can be dealt with simply, without having to call or visit an IRS office.

The notice you receive covers a very specific issue about your account or tax return. Generally, the IRS will send a notice if it believes you owe additional tax, are due a larger refund, if there is a question about your tax return or a need for additional information.

What if my spouse/in-laws/child is here and don't have Social Security Numbers?

NEED TO FIND THE LINK

What happens if I fail to file my taxes??

If you owe taxes and don't file, the IRS can assess penalty and interest and seize U.S. bank assets for repayment.

Fines and penalties can often amount to more than the original tax debt.

There can also be immigration consequences for failing to file taxes.

Applicants for permanent residency "green cards" are frequently asked to show proof of tax filing for previous years in the U.

I only worked for a very short time in 2023 and I didn't earn very much. Do I still have to file?

Possibly. If the total sum of your U.S. source income was less than the personal exemption ($3,800 for 2023)

you are not required to file IRS Form 1040 or Form 1040NR.

However, if you had any taxes withheld, you should file IRS Form 1040 or 1040NR to get a refund of these taxes and you must still file Form 8843 if filing 1040NR.

I tried to get a Social Security number for my spouse or dependent child and was refused. What do I do?

For dependents not eligible for a Social Security number, you must apply for an Individual Taxpayer Identification Number (ITIN).

Complete IRS Form W-7 and attach it to your 2023 income tax return. ITIN numbers are for tax filing purposes only.

I am a non-resident for tax purposes. Can I claim the HOPE or Tuition Tax Credit or the Earned Income Credit?

No. Non-resident aliens can not claim the HOPE or Tuition Tax Credit or the Earned Income Credit.

Once you qualify to file as a resident alien for tax purposes, you may be eligible to claim these credits.

I am from India. Can I claim the standard deduction?

Yes. Due to a tax treaty provision, ONLY students from India may claim the standard deduction on the non-resident forms.

For 2023 the standard deduction for filing single is $13,850.00. Visiting Scholars and Researchers from India cannot claim the standard deduction.

Can students and scholars claim itemized deductions?

Yes, but they are limited itemized deductions for nonresident aliens.

You can claim itemized deductions for state & local taxes, charitable contributions to churches or charities, casualty and theft losses, certain unreimbursed job expenses and tax preparation fees

My employer withheld Social Security and Medicare taxes from my salary. Can I get this refunded?

Yes. F and J visa holders are not subject to Social Security or Medicare taxes as long as they are considered a "non-resident alien for tax purposes" (IRS Publication 519, page 42 and 43).

Refund of these taxes may be requested from your employer. If your employer is unable to refund these taxes, you may file IRS Form 843 and Form 8316 for a refund from the IRS.

Is a foreign student required to file an income tax return if he/she did not receive any income?

Even if the student does not receive any income, he/she must file a Form 8843 annually as long as they remain a nonresident alien for tax purposes.

Can nonresident aliens file a joint return?

No, if they both have a filing requirement, they will need to file separate 1040NR returns.

Can a nonresident alien claim their dependents on their return?

Generally no. However, special rules apply for nonresidents from Canada, Mexico, Japan, Korea and India.

Please see Publication 519 for additional information.

Can a nonresident alien take advantage of the standard deduction?

Generally no. However, students from India can claim the standard deduction on their nonresident return

This provision does not apply to scholars from India.