Reasons to shop from us
WELCOME. Our website was designed to provide users with general information on how to prepare income taxes using our software and how to complete Immigration forms and where to file them. Laws and procedures change frequently and are subject to differing interpretations. If you want legal advise backed by a guarantee, see a lawyer. If you use this website make sure the facts and general information contained are applicable to your situation.
FEDERAL CROSSLINK SERVICE RELEASE: SR2010.18 STATES AVAILABLE: ALL STATE
NOTE: Please verify that your software is running the correct service release or contact our office for assistance.
ECONOMIC RECOVERY PAYMENT HOTLINES:
- Social Security Administration: Toll Free number 800-772-1213. General ERP inquiries can be answered by the SSA website: www.ssa.gov/recovery.
- Veterans Administration: Toll free number is 800-827-1000. General ERP inquiries can be answered by going to the VA website: www.va.gov/recovery.
- Railroad Retirement Board: Go to the RRB website at www.rrb.gov/recovery for more details.
FIRST TIME HOMEBUYER CREDIT IRS FORM 5405
As a reminder, Form 5405 (First Time Homebuyer Credit) will not be allowed to be electronically filed for the entire 2010 filing season. This means that an original 2009 federal return that includes the Form 5405 must be filed on paper.
With the release of the updated Form 5405 on January 15 the IRS announced that returns that include the Form 5405 will not begin to be processed by the IRS until mid-February.
As explained in the revised Form 5405 instructions, certain documentation that shows proof of when the home was purchased and the sales price such as the settlement statement must be attached to the return or the credit will not be allowed.
Taxpayers that are eligible for the new $6,500 long-term resident credit must also attach documentation that shows that they resided in the old residence for a five-consecutive year period during the previous eight years ending on the purchase date of the new home.
For more detailed information see the Form 5405 instructions or IR-2010-6 available on the IRS website at www.irs.gov.
FEDERAL CROSSLINK SERVICE RELEASE: SR2010.18 STATES AVAILABLE: ALL STATE
NOTE: Please verify that your software is running the correct service release or contact our office for assistance.
ECONOMIC RECOVERY PAYMENT HOTLINES:
- Social Security Administration: Toll Free number 800-772-1213. General ERP inquiries can be answered by the SSA website: www.ssa.gov/recovery.
- Veterans Administration: Toll free number is 800-827-1000. General ERP inquiries can be answered by going to the VA website: www.va.gov/recovery.
- Railroad Retirement Board: Go to the RRB website at www.rrb.gov/recovery for more details.
FIRST TIME HOMEBUYER CREDIT IRS FORM 5405
As a reminder, Form 5405 (First Time Homebuyer Credit) will not be allowed to be electronically filed for the entire 2010 filing season. This means that an original 2009 federal return that includes the Form 5405 must be filed on paper.
With the release of the updated Form 5405 on January 15 the IRS announced that returns that include the Form 5405 will not begin to be processed by the IRS until mid-February.
As explained in the revised Form 5405 instructions, certain documentation that shows proof of when the home was purchased and the sales price such as the settlement statement must be attached to the return or the credit will not be allowed.
Taxpayers that are eligible for the new $6,500 long-term resident credit must also attach documentation that shows that they resided in the old residence for a five-consecutive year period during the previous eight years ending on the purchase date of the new home.
For more detailed information see the Form 5405 instructions or IR-2010-6 available on the IRS website at www.irs.gov.
