If it is going to be just a one time filing then I suggest that you go to your local library for assistance on filing. You can also visit www.hrblock.com. This website assists with online filing which is easy for you to use without having to take courses.
Of course.
yes
The trust files its own tax return.
To do your own taxes you need minimal training just basic math skills. In particular, the tax preparation software like Turbotax and Taxcut walk you through the form step-by-step so all you really have to do is answer yes/no questions and type in numbers. The programs will do the calculations for you and maximize your returns. Doing taxes is a simple task, though anxiety may arise from confusing forms or accounting jargon. Basic math and organization is the only training an adult needs to file taxes, though there are numerous books and online resources that aid in the process.
Only if you own 12 strips of bacon
They can't file as married.....but they actually certainly can own propert together.
Taxes are not age-dependent. In general, if you make money, then you have to file taxes. In some cases parents are allowed to fold the income of their minor children into their own tax returns, but if you have income at all, then SOMEBODY has to pay taxes on it.
Yes, she does - if she is employed and earning her own money.
I use H&R Block for my taxes, as I want every deduction I can get, and this is important, especially if you have a very complicated form. They can e-file for you; if you have a refund..you can receive you money in about a week. If you do your taxes on your own, you can also e-file.
Unless the 18-year-old is a dependant because of disability or other factors, generally they are considered an adult and must file their own taxes, and you cannot claim them.
Well, honey, of course you can file your business LLC and personal taxes separately. They're like two separate entities with their own set of rules and regulations. Just make sure you keep those finances nice and tidy, so the IRS doesn't come knocking on your door. Good luck, darling!
I think the best way to help people file their taxes is to walk them through an online program. Or if you are really resilient, you can open up your own business!