This page provides answers to the most common tax questions we receive. All answers are provided by Debt.com’s resident tax expert, Jacob Dayan. If you still have questions, head over to our Ask the Expert section to get the answer you need.
Please note: If you’re having trouble with your taxes, almost every situation is unique. So, you need to consult with certified tax professional individually to make sure you’re taking the right steps for the circumstances you’re in.
Debt.com can connect you with a certified tax specialist that can help you make a plan to eliminate your tax debt!
Q:Do I have to pay taxes on freelance work?
Q:How does the IRS find out I have tax debt?
Q:How much tax do I pay on a 401k withdrawal?
Q:How fast will the IRS garnish my wages if I don’t pay my taxes?
Q:I can’t pay my taxes. Should I file anyway?
Q:If I don’t send in my payment by the 15th of April what happens? How much is added for a late fee?
Q:What do I do if my spouse hasn’t paid our taxes?
Q:What is a tax extension?
Q:What is tax debt?
Q:What should I claim on my W-4 if I’m a single parent?
Q:Which parent can claim a child on their taxes?
If both parents attempt to claim a child on their individual tax returns, the IRS will ask for proof from both parents to see which one meets the 51 percent requirement. Whichever parent can provide that proof will receive the tax benefits.
Still have questions? Talk to a certified tax professional now for a free evaluation
Article last modified on July 23, 2020. Published by Debt.com, LLC