ITR - HRA query.
Can I update the pre-filled HRA amount while filing tax using old scheme, as l'm eligible for more HRA, but sent rent recipts of less amount and hence a lower number on Form-16. Has anyone tried this?
P.S. - I can get rent recipts of the new amount

Can anyone advise - if I did not file taxes for 2019 and 2020 is there a way I can file without receiving a penalty? I just didn’t file them no great reason. Nothing complicated and I probably owe a few hundred each year in fed taxes. Nothing crazy.

Recommendations for best ways to save for retirement after contributing to 401k up to match and maxing out Roth IRA?

I've heard from multiple people about how inflated the assets are and high the P/E ratio is, hence not a good time to invest in the market. Long term investors, how do you deal with this argument? P.s. I understand the time in the market>time the market.

$DPZ 370c 3/27

I was so desperate to get out of expat tax out of fear of being pigeon holed. Now that it's been six months out of it, looking back, I guess it really wasn't so bad.

Brand new into my career and I’m trying to juggle wanting to max my 401k, Roth IRA, and HSA, while also saving for a down payment on a house! I realize that with my current salary ($78k) doing all this is too ambitious. Any advice on streamlining my priorities and which ones I should give up on for right now? If anyone else has gone through something similar early in their career what did you do?

First time participating in ESPP this last period. I received a heads up email that Morgan Stanley will get in touch to open a broker account, but not heard from MS themselves. Anyone in a similar situation?

Can wife claim husbands PAN for HRA? Flat is in the name of husband

Does anyone know if the 10% penalty and if taxes are waived on a death of a beneficiary? A friend of mine’s 17 year old pass away. I was wondering due to the circumstance, is there any way he can get around paying extra money by doing a 1035 exchange, rollover, withdrawal. Anything out there? Suggestion are welcome.

If you already do something that gives you passive income, please share with the group to give us ideas!

How do I start building rental property portfolio so I can FIRE?

Any realtor recs? Looking to buy in Seattle

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

Everyone keeps saying that the real estate market is going to bounce back soon. At this point I'm more likely to believe that unicorns will take over the world

“Don’t worry about the budget. If we like the idea, we’ll find the money.”

Has anybody ever found that money?

Significant other and I crossed the combined $1M net worth mark this quarter! Mostly in RE and 401k so we will not be FIRE-ing but still excited to be in the 7fig club.

Sorry, need someplace to celebrate and you guys are awesome.

Anyone here over 70% in VOO or VTI? Is that a smart move for less-involved investor?

Anyone delaying a car purchase due to Covid to see how everything pans out?

If you follow the cryptocurrency market, or even have been just taking an interest lately, with the Bitcoin "halvening," you should check out Pi.

If you haven't heard of Pi, it's a new cryptocurrency (like Bitcoin), developed by a bunch of Stanford PhDs. What makes it really interesting is that you can still mine this coin, using just the processing power of your phone, unlike just about every other coin out there. (Contd)

Debating when to have the first baby… would you say having a baby is totally worth it ? Worth all the struggles and sacrifices? Or should I wait an extra year just to save more money and enjoy life now without the extra sacrifices… (female 27 & want to have 2 kids)

Are you worried about how quickly AI support is growing?

I want to get a bottle of liquor from Canada that isn't sold in the US. Can't get it shipped. Anyone from PA/DE/NJ/NY going to Quebec anytime soon that would be willing to bring a bottle back?

Amex gold or chase Sapphire preferred? I need a card for international travel to avoid foreign exchange fees. Please note, that I'll receive a $150 credit towards the Amex annual fee due to having a corp card. I'd you my capital one checking, but no rewards/benefits there.

What RFE did you receive and how long did it take to prepare a response?

Hi guys can we leave Virtusa in a day? I have got a better offer? Also how is Google account for wlb?

Need to get dressed and ready to head to the airport but my ass appears to be glued to the couch. #stupidsundayflights

My dad has been driving the same old CRV for the last 10 years. Has no interest in getting a new one. I want to buy him a new car, but he doesn’t seem interested in lux brands. Should I still do it?

Is 120k+super a good salary for software tester (manual) with 7 years of experience in Melbourne?

Looking for a pharmacist job with a pharmaceutical company. Have prior experiences with pharmaceutical company including Medical Information and Safety. Please let me know.

Hi Fishes,

If the TSC HR generates offer letter for me , I accept the offer & later in the joining date decide to not join TCS, will I be blacklisted from joining the company again like an ex-TCSr is blocked from joining TCS>?

How’s 123stores to work for? What’s the culture like? And what about their appraisal cycle and on-site opportunities?

As per current industry standard what we should expect Salary as full stack developer with 7 plus years?

Whats the most reliable among german cars? I am worried about paying a lot for maintenance and repairs but also dont want a japanese tin can

Hi guys 👋🏻 Can someone please help me with the query below:
I did not file ITR for FY 2020-21.I had actually earned around 3,34,000 becoz I wrote master thesis for foreign students and I got online payment in my acc. So is that taxable?
If yes, then my total income will become 521121.

2ndly, whats the penalty for late filing ITR?

Thirdly, I left my previous job on 02 March, 2021, so I received the Feb 21 & March 21 on April 2021. So does it come under FY 2020-21? OrFY 2021-22?

Thanx guys

Hello All,

Can anyone please help me here.
I have made my tax payment in July 2022 but yesterday (15 Nov 2022) I receive an email that tax payment is due for assessment year 2022-23

I called to help desk and he advised to raise rectification request from Tax portal and update the challan number. I tried to raise request but need to upload some XML or json file there. I am not sure how to upload or modify that file.

Does anyone know what steps need to follow as I already made my tax payment.

Can I pay income tax challan using credit card?

Hey everyone,
Can somebody please suggest some tax saving options?
I can't use rent and car as tax saving options. Please suggest others options.

Thanks🙂