GoBankingRates.com: What to Do If You Filed Your Taxes and More Documents Come In
“The documents need to be reviewed to determine if they will change the tax calculations,” said Rob Burnette, CEO at Outlook Financial Center in Troy, Ohio.
“The documents need to be reviewed to determine if they will change the tax calculations,” said Rob Burnette, CEO at Outlook Financial Center in Troy, Ohio.
Rob Burnette, CEO of the Outlook Financial Center, said your workspace must meet certain IRS guidelines to qualify for the deduction.
Filing your return and paying the IRS any money owed are two separate events, said Rob Burnette, CEO and financial advisor at Outlook Financial Center in Troy, Ohio, and a registered tax preparer with the IRS.
"They come in two flavors — refundable and non-refundable," says Rob Burnette, a financial advisor at Outlook Financial Center.
“Retirement income is normally taxed as ordinary income at the federal level, just like when you are working and receiving a W-2,” says Rob Burnette, CEO, financial advisor and professional tax preparer at Outlook Financial Center.
“Social Security recipients are going to lose a portion of their increase to taxes, and some will be paying taxes on their benefits for the first time,” says Rob Burnette, CEO and financial advisor at Outlook Financial Center in Troy, Ohio.