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!