Katie Nuss Tax Preparer

07/02/2022

🇺🇸❤️🇺🇸❤️

12/16/2021

Get your charity on folks! Did you know for 2021 only you can deduct up to 100% of your income in monetary donations to qualified charities? These donations need to be made before 12/31/21. 💸💰 Tis the season for giving, so if you want to give you will be able to deduct if you qualify to itemize. There is also a separate deduction for cash donations $300 single, $600 married filing joint for those not itemizing.

01/25/2021

Tax Season 2021 is underway. My current clients have received their planning packets and Covid procedures for this season. Options to get your data to me include Fax, Email, US Mail and Drop off. You do not need an appointment to drop off. I will have phone appointments and drive up appointments available. This year, there are no face to face sit down appointments. If you schedule a phone time, you need to have your data submitted 2-3 days prior to our scheduled time. The “drive up” is most similar to a regular scheduled appt. you arrive, drop your stuff at the table by my door and hang tight in your vehicle until I signal time to sign at the porch. I will call you with questions. For EVERY single return I need to know how much you received for each Stimulus payment, even if zero and even if you got the second payment in January 2021. This should be an interesting season. I appreciate all of your patience and working with me this time. All above mentioned packets, newsletter and Covid Porcedures checklist can be found at www.katiethetaxlady.com under “forms”

Thanks for visiting my website. Here you will find details and information about this upcoming tax season, driving directions, and my contact information. I look forward to seeing you soon.

05/10/2020

https://www.nbcsandiego.com/news/coronavirus/irs-sets-may-13-deadline-to-submit-direct-deposit-information-for-stimulus-checks/2321607/?amp

There’s still time to submit your bank account information to the IRS to get your $1,200 stimulus payment more quickly — but that window is closing.

04/20/2020

For those continually trying to get into the stimulus checker, here is an instruction most are overlooking, based on phone calls i am receiving:

Note: If you receive an SSA or RRB Form 1099 or SSI or VA benefits, your information is not yet available in this application.

Above is from the notes BEFORE you click the link to try and access your information at www.irs.gov. Translation, if you receive Social Security or Railroad Retirement Benefits or Payments from the VA or Social Security Disability, You are NOT in this database at this time, you can relax your checking until you are.

Hope that helps!

Non-Filers: Enter Payment Info Here Get My Payment Get Coronavirus Tax Relief Get Your Refund Status Do Your Taxes for Free Get Your Tax Record View Your Account Make a Payment Forms and Instructions 1040 and Schedules 1-3 Individual Tax Return Other 1040 Schedules Information About the Other Schedu...

04/20/2020

PSA/Rant for the day. Since this past 3 weeks has caused me to wear many hats, one being counselor to ensure parents they are doing the right thing by actually claiming their dependents. Let me break this down, first, do you pay more than HALF of Rent, utilities, groceries cell phone, auto insurance, medical insurance, tuition, books, auto payments...(this list can grow long) for your child? This is aimed at working age children age 16-22. If so, they are your dependents. You received $878 credits from IRS/CA on your tax return and IF you only have one dependent and are single you paid a much lower tax rate as HOH vs. Single filer, could be in the $1000's saved on your tax return. So, question, if you pay 50% of list above ( I know you do since this was discussed at your tax appt), Why would you give that up for your dependent to receive $1200? it doesn't make sense. At the very least you give up $878 out of your pocket for them to get $1200? That means only $322 is coming from the Gov't, the $878 from you! This is the perfect opportunity to teach some basic economics to our children. We all know we have an entitled generation(s), probably plural, teach them about what they actually pay for and explain why they have to sit this one out! If you really feel they support themselves above 50%, then when i see you in the spring, take them off of your return and they can get their $1200 credit on their own 2020 tax return. I would advise you change your withholding now to adjust for this. Yes, that is sarcasm as I know you will continue to pay for more than $1200 of their life until they are completely on their own. Last part, when they work and earn under $12200 they pay zero tax, they get all of their withholding back. They made their wages at no tax consequence, they were "tax filers" to get ALL of their withholding back. This is really a "taxpayer" stimulus to keep those paying the big bills, paying the big bills! this is you parents! Do NOT feel bad, you deserve to claim your actual dependents. My two cents of course, take it for what it is worth, i just hate to see folks miss out on a teaching moment in real life like this.

04/16/2020

A few pieces of information for today. With the entire US attempting to check their stimulus/Economic Relief Payment on the IRS website, the site keeps crashing and giving you unwarranted error messages. I cannot troubleshoot the IRS website or these error messages you receive. have exactly the same information that you have as far as qualifiers for these payments. A bit of patience is required here as the IRS is attempting to get payments out to millions. If you cannot get in, it could be that your payment has already processed and cannot be changed and you just need to wait for the deposit or a check that is forthcoming at the end of this month to early May with a predicted rate of 5 million checks per week. Lastly, if you continue to enter your information you will be locked out for 24-48 hours. I suggest you only check once a day as they will only update the data every 24 hours.

04/15/2020

https://www.irs.gov/coronavirus/economic-impact-payments

The link went live this morning to enter your bank info and get payment status. It does appear it needs to work out a few items, but here you have it!

We’re committed to helping you get your economic impact, or stimulus, payment as soon as possible. See if you are eligible for an Economic Impact Payment.

04/10/2020

Mid April this link will come live at irs.gov to put your direct deposit info in for stimulus payments.

https://www.irs.gov/coronavirus/economic-impact-payments

We’re committed to helping yout get your economic impact, or stimulus, payment as soon as possible. See if you are eligible for an Economic Impact Payment.

04/08/2020

https://www.irs.gov/coronavirus/economic-impact-payment-information-center

The IRS updated the FAQ info for the Stimulus checks. This is the most current information I or anyone else has, no more info on timing of first payments is available as of right now.

All U.S. residents who are not a dependent of another taxpayer and have a work eligible social security number, will receive the Economic Impact Payment with adjusted gross income

04/02/2020

https://www.foxnews.com/politics/treasury-reverses-social-security-recipients-can-automatically-get-stimulus-check-without-filing-return

The IRS has reversed course to eliminate a controversial requirement on Social Security recipients seeking stimulus checks as part of the government's coronavirus response package.

04/01/2020

As you know I am not a benefit specialist, however I have learned a lot in the past 3 to 4 days with this unfolding stimulus package. First, you cannot update your direct deposit information on file at this time. If you filed a tax return for 2019 and owed or have not filed 2019 and owed in 2018, you will get a check in the mail. It will be approximately one week longer than if it were to be direct deposited. Second, if you’re self-employed you might qualify for unemployment and pandemic relief assistance. Go to the EDD website, file for unemployment application, do not mark that you work for somebody else, continue through the questions until you get to the part about being self-employed and how you are affected by COVID-19. Third, SBA is offering some loan packages visit their website that’s SBA. gov to get information if you qualify. Lastly for our seniors or those on Social Security who don’t normally file tax returns. Initially it was stated that they would just get a check through the channels they normally get paid from Social Security. As of yesterday the IRS stated they will need to complete a “simple form”. This does not mean a 1040 or that they need to run out and file a 1040. According to the IRS website a link will be provided in a few days where they can upload their information, presumably for free. There is no reason for our grandparents to rush out and pay A preparer to file a tax return unnecessarily at this time. I am putting a screenshot from the IRS website in my comments below. I will continue to update any pertinent information as it is released stay healthy and at home!!