TaxaLott Solutions LLC

🚨Tax Tips🚨 What’s your filling status❓

📍SINGLE
Normally this status is for taxpayers who are unmarried, divorced or legally separated under a divorce or separate maintenance decree governed by state law.

📍Married filing jointly.
If a taxpayer is married, they can file a joint tax return with their spouse. When a spouse passes away, the widowed spouse can usually file a joint return for that year.

📍Married filing separately.
Alternatively, married couples can choose to file separate tax returns. It may result in less tax owed than filing a joint tax return.

📍Head of household.
Unmarried taxpayers may be able file using this status, but special rules apply. For example, the taxpayer must have paid more than half the cost of keeping up a home for themselves and a qualifying person living in the home for half the year. Taxpayers should check the rules to make sure they qualify.

📍Qualifying widow(er) with dependent child. This status may apply to a taxpayer if their spouse died during one of the previous two years and they have a dependent child. Other conditions also apply.

📣More than one filing status may apply and taxpayers can generally choose the filing status the allows them to pay the least amount of tax.

🚨 IMPORTANT TAX ALERT IP PIN LETTERS ARE GOING OUT NOW! 🚨

The IRS has officially started mailing IP PIN letters 📬
⚠️ DO NOT throw this letter away. This is what it looks like ⬆️

✅If you’ve ever been issued an IP PIN, you are required to use it EVERY YEAR when filing your taxes.
✅If your address is not updated, the IRS will mail your IP PIN to your old address, which can cause serious delays with your return and refund.

🚫 No IP PIN = No E-File
🚫 Lost IP PIN = Delays, rejections & unnecessary stress

If you plan to file with us this season, it’s important to handle this NOW so we don’t run into issues once tax season starts 💪🏽

📲 DM “IP PIN”
📝 Or click the link in my bio to get started

Tax season waits on NOBODY stay ready so you don’t have to get ready.