EastWest Gal
Thinks s/he gets paid by the post
I have been using a CPA for taxes for years. In retirement and with a paid off house, we take the standard deduction. I am considering doing my own taxes going forward. I'm experimenting with TaxAct and found the software easy to use, but this is a pretend year. I'm waiting for our CPA to finish our return and see if I get the same numbers.
One thing that has stumped me is miscellaneous income. We get money from our solar company twice a year, in addition to low electricity bills, especially in the summer. The amount goes on Schedule 1, line 8, I think line 8z. But I cannot find in the TaxAct program how to enter such income.
I also realize that the solar company should be issuing us a 1099-MISC, which they have not been doing. We'll be calling them today.
Any thoughts?
One thing that has stumped me is miscellaneous income. We get money from our solar company twice a year, in addition to low electricity bills, especially in the summer. The amount goes on Schedule 1, line 8, I think line 8z. But I cannot find in the TaxAct program how to enter such income.
I also realize that the solar company should be issuing us a 1099-MISC, which they have not been doing. We'll be calling them today.
Any thoughts?