Taxes Questions and Answers

Involving taxes what is a CPA?




Answers: A CPA is a Certified Public Accountant. You have receive a bachelor's degree in Accounting in some states and most states require you to get your Master degree in Accounting to even take the exam... .There are three parts of the exam and once you pass... you have to be in Public Accounting for at least two years and private accounting for one year. Then you are officially a CPA... many states have different laws but the test is the same and the time you can sit in is sometimes the Bachelor Degree and most of the time Master Degree
real estate taxes?
in MA it means community preservation act, or funds where a town pools money to buy property to reduce the development load on schools and services.

If the irs accetped your tax return does that mean your getting a return?




Answers: "Accepted" means they received and will process it. Assuming you completed your 1040 properly you should get whatever you calculated you would get.
no. it means they accepted yours to file and process. a refund is possible though

What to attach on Federal and State returns when file?

When I send within my Federal 1040, I know I must attach my Schedule A and Form 2441. But do I need to attach copies of my property taxes compensated, student loan interest, and mortgage interest paid that I hold deducted as in good health? I always hold in the recent past, but it appears that it is not necessary. Thanks for the comfort!


Answers: If you're mailing it surrounded by, in assimilation to the Schedule A and 2441 you'll need to attach copy B of adjectives W-2s. If any Forms 1099 show taxes withheld, such as a From 1099-R, you'll need to label photocopies of those and attach them as well.

None of the other items want to be attached to your return but you should retain copies of them in luggage the IRS asks for them.

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