Project Description
- Single mother of two in Chicago – Head of Household
- Did not file tax returns since 2014
- Worked as employee and independent contractor, received W2s and 1099MISCs
- Owed over $24,000 income tax to IRS and Illinois collectively for 2014-2018 tax years
- Soto Accounting found additional deductions and credits she qualified for to reduce her tax owed
- Final Results:
- Federal Tax – $8,259 Refund
- State Tax – ($1,987) Owed
- Net Tax – $6,272 REFUND
- That’s $30,000+ savings in tax!