Life Questions 
Life Questions, Questions and answers page for life estate, life insurance, life changes and more.

Installment plan 
I used turbo tax for the first time to file my 2007 state income tax. I obviously did it incorrect because the irs let me know in 2009 that i owed 350 ...

Tax Questions 
Tax Questions, Ask all kinds of different questions pertaining to taxes here.

Self Employed Questions 
Self Employed Questions; Get more information about self employment tax and SE income.

Short End of The Stick........Again 
I am assuming I can not claim child support as a deduction, as I can find no information?

Who Can Intercept My Federal Return? 
I owe the Michigan department of Treasury for driver responsibility fees, and a letter they sent me said they can deduct it from my tax returns? I also ...

Witness Duty 
I was a witness for a trial and received money from the state is that to be reported?

Filing Questions 
The Filing Questions page is where to go to learn about when, where and what to file.

No Federal Withholdings 
What do I do if my employer did not withhold federal taxes from my pay during the year?

Specialty Foods 
My daughter has food allergies (Lactose intolerant and Gluten allergy). Can I write off the specialty foods I purchase for her on my income tax return?...

Goals and Advice for the New Year 
What are your goals for the new year? Do you have any financial or business advice with all of the economic challenges we face?

Great question! New ...

Charitable Questions 
Charitable Questions, Ask your charitable donations and charitable contribution questions here.

Deceased 
I file my sister every year on my income tax she is disabled but she died this year in april and I was wondering could I still file her when tax season ...

Selling Stocks 
I was told if I sell some stock and the prices went down I could deduct the loss on the taxes at filling

My ill Brother 
My brother is in need of a liver transplant and my wife and I have moved him into our residence. I take him to all of his AA meetings and doctor visits ...

State Tax Questions 
State Tax Questions, Ask or answer questions pertaining to state taxes.

I Want To Pay Again 
I have already paid my first quarter 2011 estimated tax. I realize that it should have been more than what I paid. Can I send in the extra amount before ...

Status Tax Questions 
Status Tax Questions, Ask or answer questions regarding your tax return status.

S125 on W2 
On my W2 it says S125 not sure what it is?

I believe S125 stands for Section 125 Plan which is for medical and dental insurance.

The Section ...

Pay Questions 
Pay Questions, This is a great place to ask questions pertaining to your pay.

Benefit of Capital Gain Tax  Not rated yet
Can I buy house & sell my old house after few months. What will be tax liabilities?

My Per Diem Job W2   Not rated yet
Why did entering my per diem nursing job W2's eliminate my $1000 tax refund and make it so now I have to pay in almost $800? My per diem job is just two ...

Domestic Partner Insurance Premiums Post-Tax?  Not rated yet
My domestic partner's medical insurance through my work is taken out post-tax. I know for Federal purposes that can't be used as a deduction on income ...

Social Security Benifits  Not rated yet
My brother recieves a social security check every month. He made $745.00 at his job this last year. do i file his taxes for him or do I claim him on my ...

Miles  Not rated yet
I am a Bricklayer that has a lot of Tools that I have to take to and from work to keep my Job! Can I take off any of my miles that I drive to work?

How To Tax Questions  Not rated yet
How To Tax Questions is the place to go to ask the question how. For example, How the IRS applies payments for late taxes, how do i handle the sale of a home, how much can i make?

Disability Questions  Not rated yet
Disability Questions, Ask or answer a question pertaining to disability benefits or disabled vets.

Full Time Student  Not rated yet
I was a full time student last year and i received the pell grant and that paid for all of my school and left extra to pay for needed supplies I was wondering ...

Paying  Not rated yet
If me and my wife made a combine income of 92000 and we did not pay taxes through out the year how much will we owe?

Residents For 2011  Not rated yet
My husband and I lived in Indiana till the end of August 2011, now we live in different states, do we use Indiana as our state of resident for our taxes?...

Circuit Breaker Tax  Not rated yet
If my daughter turned 18 in November 2010 can she file a mo.ptc for that year?

Disaster Loss Casuality  Not rated yet
Approximately will we get back from a disaster declared of 40,000? Lost home.

Social Security Tax  Not rated yet
As an employer, we withheld $5.85 too much social security from an employee due to a miscalc on group term life insurance--does a w-2c need to be issued,...

Did Not Have Taxes Taken Out of Unemployment.  Not rated yet
III made 11,136.00 (unemployment) I did not have taxes taken out. I usually claim head of household, claiming 1 (disabled, boyfriend). How do I do this ...

Reimbursement of Local Travel Expenses  Not rated yet
My employer is holding a 4 day meeting within 50 miles of my home and my employment office.
I will be provided with lodging (comp'ed by the hotel).

I ...

Transfer Apartment by NRI Nephew to Aunt in Mumbai  Not rated yet
What is the procedure for the above transfer by way of gift deed ?

What are the taxes, stamp duty and other legal expenses involved in such a transfer ...

Tax Question  Not rated yet
Im a single mom of two I claimed my two kids on my w2 form when I started working at the place im currently working at. My children's father is trying ...

Head of Household  Not rated yet
I have my daughter who lived in my home for the full year she turned 24 this year but has an income of about 24000 yr. and I have my 73 yr old mother who ...

Itemizing  Not rated yet
If I own my house and I have given over 2,000.00 to my church, will I benefit itemiaing and just the e-z? thank you.

Claiming  Not rated yet
My Husband and I have lived with my Father for four months. Can he claim us?

LT Capital Gain Property Gift to Spouse  Not rated yet
My wife purchased a property / vacant land in 2002 for Rs. 2 lac. on G.P.A. by its original owner. No Sale Deed was done on that time. Now as a safety,...

Need Tax Form #   Not rated yet
Sister is on SSI. She moved in with me end of March 2011. I recieve 300. a mo from her which is up to me what things I pay w/it. e.g. utilities groceries ...

Armed Security Officer   Not rated yet
Can I claim my gears ( like duty belty, gun, ammo etc) duty pants, ammos for the firing ranged and classes (like baton, maze, handcuffed certification)...

I did work  Not rated yet
I was just informed by the unemployment dept. that my last employer did not report my wages for july, august, and september 2011. I did work those months ...

Ask  Not rated yet
How do I file income taxes with no W-2 or 1099?

Social Security at Age 62   Not rated yet
I just started drawing social security at age 62 in Dec. of 2011. I do not have other income other than my monthly pension from GE. My wife still works ...

401K Withdrawal Tax  Not rated yet
I am withdrawing about $30,000 from my retirement account to supplement my social security income and am asked whether or not I want the additional money ...

College Curious   Not rated yet
If i am 19 and Im in college how much would it get back if my mom carry me?

Caiming My Boyfriend  Not rated yet
I want to know if I can claim my boyfriend whom ive been supporting and he's in school fulltime currently?

IRS Audit  Not rated yet
What should I do when receiving a letter from the IRS I'm being audit and they are requesting supportive documents for a kid I had claimed on my taxes ...

Claiming Kid  Not rated yet
If I only worked two weeks out of the year can I still claim my two kids?

Single Mom With 4 Kids.  Not rated yet
Can I file as head of household,even if the only income i have is child support,at the present time?

Contract Labor, Self Employed  Not rated yet
I am a self employed,contract laborer. What percentage of my pay should I hold back each month to cover federal & fica taxes?

Reportable Income  Not rated yet
My father is disabled and he pays me a mothly amount to assist him with his daily living needs like bathing, medication, driving him to medical appointments ...

Working Student in Boston   Not rated yet
I am a graduate student in Boston working at the university and have income in both MA and my home state of OH. How do I file my state income tax this ...

Taxes And Child Support?  Not rated yet
I owe child support in oregon but live in a different state can oregon still take my state tax refund?

Pre Marriage IRS Tax Debt   Not rated yet
I married in 2009. My wife died suddenly in 2011. Irs sent a letter in 2011 claiming she owed over 2000 dollars on a return filed before we were married....

Personal Taxes  Not rated yet
We loaned our son $20000 a couple of years ago as a personal loan. we had a penalty of $6000 for early withdrawall. he paid it back in 2 yrs. including ...

Stocks Gains/Lost  Not rated yet
If Lost 120,000 dollars last year, then made 160,000 this year..what kind of taxes do I have to pay for this tax year?

Foreighn Money Transfer  Not rated yet
Is there any tax on the heritage money we transfer to Canada?

Retraining Tax Credit  Not rated yet
Is there any type of tax credit i can take this year I have had to go back to school to be retrained due to loosing my job due to the economy.

Heritage Money From Abroad   Not rated yet
Heritage money from abroad country is taxable when enter to Canada or not.

Lump Sum Pension Distribution   Not rated yet
My ex-husband has been incarcerated since 2003. Before his incarceration divorce proceedings began and a QDRO was drafted and approved. As an alternate ...

Inheritance Tax  Not rated yet
At what point do I have to pay taxes on a 2011 inheritance?

Please Answer This Question  Not rated yet
mr. sudesh sold his house on 1st may 2009 for rs. 1200000. this house was purchased by his father in 1960 for 50000. mr. sudesh got this house in inheritance ...

E I C If Recieve SSI   Not rated yet
I have 2 children, wife, and my brother under my roof i am the only one who recieves any sort of income.Can i receive EIC if i pay IL property taxs If ...

Unfiled Tax Return for 2007- 2010  Not rated yet
I have not filed my taxes for 4years for the first 3 i dnt have any dependents but for the 4th year i do how much can the penalty be for each year not ...

Documentation  Not rated yet
Do I need to submit any documentation for my disabled brother that I am claiming on my taxes when I file online?

Divorce/ Retirement Plan  Not rated yet
I got a divorce this year and had to give my ex half of my profit sharing (retirement)account. I was told by some people here they wrote of this amount....

Can We Get TDS On Interest Received  Not rated yet
Hi, Last 3 years I was give loan to X person who was NRI that amount is something 30 lac & the person was returning the amount with interest can we do ...

Relocation: Loss On Sale Of Home  Not rated yet
My employer relocated me this spring. They made up a portion of the loss I had on my home when I sold it. I still lost money on my home, but not as much....

Donating Musical Instruments To A School  Not rated yet
If I donate a french horn valued at $1000 to a school, what would be the return on an itemized deduction .( Or what is the overall percentage a person ...

Tax Exception For Life Insurance Premium Of Parents   Not rated yet
Hi, i am the only one child for my parents. Till now am not married. My father has done some LIC policy with his name but I am paying for that. Since I ...

Selling a House  Not rated yet
I inherited a house at the end of 2010, sold it at the end of 2011, will this hurt my income tax return or help?

Pennsylvania Act 32  Not rated yet
I am a NY resident and maintain an office in my home that I occupy 4 out of 5 days a week. My employer is located in Carlisle, PA. I have been informed ...

Cost Basis Tax Questions  Not rated yet
Cost Basis Tax Questions, Ask or help answer questions pertaining to cost basis here.

IncomeTax Calculation for IT Contract Employee  Not rated yet
I joined IT MNC company on Contract of 6 months and they are paying monthly fixed hourly salary in lumsum after TDS.
They paid me ex-gratia/Bonus amount ...

Doesn't Work  Not rated yet
Can I (wife) who doesn't work do a traditional IRA with husband making 140000?

Exemptions  Not rated yet
I am in the military and i claimed my wife and my two step children on my tax return. Since this is the first time I am doing something like this, I was ...

Self Select Pin Number  Not rated yet
Last year I used online e-file tax software to file my 2010 income tax. This year I am doing the same but with a different software. I used a self select ...

Twins  Not rated yet
Are you required to file twin children together on income taxes?

Conservatorship Tax Questions  Not rated yet
Connservatorship Tax Questions, Ask all of your Conservatorship questions here.

Insurance Payment  Not rated yet
I'm due to recieve an insurance payment of 155,000 Euro for my deceased partner am I liable to pay tax on this and do I have to declare it.

I am now ...

26AS  Not rated yet
I have forgot my password to login in my 26AS. I have also forgot my secret question & its answer. I have not filled any e-return earlier. Pls help me ...

Declaring Tax Questions  Not rated yet
Declaring Tax Questions, Ask or answer questions about declaring yourself or others.

Rental Losses And SSD  Not rated yet
I have had rental units for app 30 years, and have shown losses for the past 3 years on 3 of my units. I have been totally disabled for 5 yrs. and on ssd....

TCS Form 27C  Not rated yet
Sir, l.tell me income tax Form No. 27 C. to be collected from buyer for non collection of TCS at the time of every transaction or monthly, quqterly or ...

Availing HRA Tax Benefit   Not rated yet
Hi, I've bought a flat whose possession is due in Jan 2012. Its distance from my office is around 35 kms, thereby making daily commutation difficult for ...

Land Sale  Not rated yet
Do I have to pay income tax on a partial land sale of my primary residence? I have lived at the residence for 17yrs.

Required Minimum Distribution  Not rated yet
I have an IRA account that is invested in a Real Estate loan that was receiving monthly interest payments only. The borrower is now going through bankruptsy ...

Intercept  Not rated yet
If I owe traffic tickets which refund will be intercepted state or federal?

Thank you for your tax intercept question. If you owe traffic tickets ...

REVENUE CANADA  Not rated yet
My father died two years ago and today I received a letter from the Unemployment division asking for money.

What can be done?

Sale of Real Estate  Not rated yet
My mother is 79 years old, and I am her guardian. I sold her house for $160,000.00 in November 2011. She and my father bought the house in 1973 for $45,...

Awards to Inventors (ATI)   Not rated yet
What are the personal tax and NI liabilities for ATI payments received from a former employer?

These ATI payments are directly linked to royalties ...

ITEMIZED DEDUCTIONS EXCEED INCOME  Not rated yet
I am anticipating that my itemized deductions will exceed my standard deduction and my income... (medical and charitable giving)... Can I still take them,...

Mediclaim  Not rated yet
Mediclaim money received is taxable or not?

Retail Sales From Home  Not rated yet
I just started selling some retail at home, I hope to sell about 10,000 for the year. Do I have to charge taxes on the items and do I need to send in the ...

Car Donation With Title Not In My Name  Not rated yet
I bought a car but did not transfer the title to my name yet, it's still in the old owner's name. My name shows in the back as the buyer.

If I donate ...

Gas Expenses Reimbursed  Not rated yet
My friend uses her car for work and submits her gas receipts to her employer who reimburses her completely. When my friend files her tax return, she uses ...

File Tax Return in Chicago, IL  Not rated yet
Hello, I bought a house in my Home country, India, and I am paying monthly installments towards my Home Loan.

My question is, can I show my Indian ...

Fraud Victim  Not rated yet
Dear Sir, I own a house since 1995 and now someone has filed a return in my name and my address showing the house and now incometax department has issued ...

Travel Trailer  Not rated yet
I'm buying a travel trailer and would like to know if I should lump the tax and registration into the loan amount or if it would be better to pay them ...

Tax On Sale Of Property At A Loss  Not rated yet
My husband and I recently purchased a house and are selling the mobile home (and the 2 lots it sits on) that we lived in for the past 10 years. We paid ...

Income Tax Return  Not rated yet
My question is:- I am a 12th passed men. I filed the Income tax return of client around 250 clients.

Now I say that what formalities I can do that I ...

Query Regarding TDS & PAN.  Not rated yet
Dear sir,
I want to know that, what will be the TAX Liability of an individual who has salary of Rs. 20 lakh
(I) with PAN
(II)without PAN.

I Think ...

Stay At Home Mom  Not rated yet
I only worked one month this year but was on disability for one month after having my daughter can i still claim her as a dependent?

T D S On Transporter   Not rated yet
If Sakhar Karkhana paid a payment to Harvesting & Transported there is required to deducted t d s or not?

Saving Tax Records  Not rated yet
How long do you need to retain your bookkeeping records for tax reasons?

Thank you for your question regarding saving tax records. It is recommended ...

Unemployed Father as Dependent  Not rated yet
Can I add my unemployed father as dependent?

Income Tax For Short Consultancy in Afghanistan  Not rated yet
I accepted an agreement for 20 days of work in Afghanistan. What are the rules for the taxes? Are my Per Diems taxable? How about my income?

Thank you ...

Leasing Work Vehicle  Not rated yet
I am self-employed in property management. I own two vehicles one for private use and one, a truck, is mostly for work. My accountant deducts some amount ...

Spread Sheet Application   Not rated yet
How much money are we allowed to earn in Canada before taxes? What is our basic exemption?

Profit Is Low   Not rated yet
Although profit is low but due to the intention and frequency of transactions , this situation will tax ??

Head of Household Questions 
Head of household questions, Learn more about the head of household tax rules or ask any of your head of household tax questions here.

Regarding Tax benefit   Not rated yet
Dear Sir, There is a small land of Rs 6 Lakh around in the name of my mother & she is housewife.

Now there will be income tax deduction on her name ...

Gift Tax  Not rated yet
Monthly 20,000 from mother to daughter is it taxable?

Adoption Tax Questions  Not rated yet
Adoption Tax Questions, Ask or help answer questions pertaining to the adoption credit.

Inheritance Tax  Not rated yet
On $100,000 how much would my tax in texas be?

Capital Gains Tax Questions  Not rated yet
Capital Gains Tax Questions, Ask and answer capital gains tax questions here.

IRA Questions  Not rated yet
IRA Questions, IRA questions and answers including early cash out, distributions, contributions and IRA eligibility.

Residential Status  Not rated yet
mr.y is an indian citizen.he went to holland on 10-8-2009.he rerurned on 1-5-2010.he kept a house in kolkata in period he was out of india.what would be ...

LOCKED UP  Not rated yet
IF MY HUSBAND WENT TO PRISON CAN I FILE INCOME TAX FOR HIM OR GET POA TO DO TAXES OR DOES HE JUST NOT FILE?

Non Disclosure of Previous Employer Income   Not rated yet
Dear Sir/Madam, 2 years back I had changed my Job mid of the year. I also had home loan that I had declared to my previous employer who computed my Tax ...

Tax Dues/Arrears  Not rated yet
Is there any way of finding if there is any pending tax demand notice of 15/20 years back or any old dues/arrears/taxes that are still due against me....

Income Tax Arrears  Not rated yet
I owe tax from last year which I have arranged with the tax man to pay off but when my accountant does my tax return for the next tax year does she have ...

TAN TAX  Not rated yet
I am a salon owner and have to submit for 720. Do I pay 10% of the taxes paid on packages or 10% on packages sold?

Financial Difficulty Due To Employer Withholding Mistake  Not rated yet
My first two checks after transferring were about $100 short because my employer took out that amount for AZ state tax.It should have been less than $20....

Working Under The Table  Not rated yet
I worked under the table for 6 months while collecting disability. The job started out as just a couple of hours/week and grew to apx 30/wk. I was paid ...

Am I Responsible For His Taxes  Not rated yet
What do I do if my husband died without filing taxes for 2009 and 2010 and owes penalties and 401k interest and I filed using married filing separately?...

Homeless Senior  Not rated yet
My 85 year old mom has been living in a nursing facility for the past three months. She pays share of cost to the facility with her monthly Social Security ...

Itemization  Not rated yet
Is is necessary to have $10,000.00 in itemized deductions for us to deduct medical / Rx drug expenses ?

Taxes on room and board paid by a disabled sibling  Not rated yet
Do I need to pay taxes on money I deduct from my handicapped sister's SSA disability income for monthly room and board (she lives with me)?

Do I have to pay taxes on money that is reimbursed to me on my paycheck  Not rated yet
Hello, I drive a company vehicle to and from work and my employer covers all fuel costs. He provides this money to me in the form of a non-taxed reimbursement ...

Spousal Tax Questions  Not rated yet
Spousal Tax Questions, This is the place to get your questions answered with regards to spousal support, wife and husbands income, spouce's taxes, common law issues and more.

K 1 form 1065  Not rated yet
If you inherited a partnership (LP) (Domestic Partner)
type of entity -(individual) upon your mothers death

The partnership is a Seniors citizens ...

Commissions  Not rated yet
Fred is an insurance agent who receives commission on each policy he sells. In 2006, he purchased a policy for his own life, naming his wife the beneficiary....

Taxes  Not rated yet
I owe 30,000 in state and federal taxes. I am not working at the time and have no income at all but own my home out straight. Will the irs take my home?...

Education Questions  Not rated yet
Education Questions is where to go to find out about the education credit.

Self Assessment - Cash in investments buy land for farming  Not rated yet
Hi Please could you help me - A farmer has cashed in his overseas investments and uk isa's and has bought some extra land for farming livestock. Where ...

Mr. Mukesh submits the following particulars  Not rated yet
Mr. Mukesh submits the following particulars in respect of his income of previous year 2010-11.
Rs.
Income from Business 1,05,000
Interest on Govt. Securities ...

Is my Dad's monthly check considered income to me?  Not rated yet
I quit my job and brought my elderly dad into my home so I could take care of him. He gets a check for $3000 every month from his investment account, which ...

Social Security A  Not rated yet
My mother is 70 years old and lives alone. She receives a SS check every month. The check is a SSA check. Even though she gets this check i still have ...

Life Insurance Policy Redemption  Not rated yet
Are the proceeds from redeeming a life Insurance Policy taxable?

Parking  Not rated yet
Can I use a parking pass for work as a tax deduction? What if the company gives a free pass but it is not in the same building I work?

Roth IRA Questions  Not rated yet
Roth IRA Questions, Ask or help answer questions about Roth IRA's specifically.

Living Abroad  Not rated yet
I am a US citizen with four children living abroad, can I still file for eic and ctc based on my physical address? I am a CA resident as far as legality....

Investment Questions  Not rated yet
Investment Questions, Find out what you need to know about investment fees or investment loss here.

Fraud Loss  Not rated yet
Can money loss due to fraud be taken off your income tax?

K-1 Questions  Not rated yet
K-1 Questions, Ask a K-1 form or k1 loss question or any other kind of K-1 questions you may have.

SELF ASS.YEAR 2011-2012 AMT PAID TWICE DUE TO NET BANKING ERROR  Not rated yet
SIR

DUE TO NET BANKING ERROR WITH BANK OF BARODA , GOWALIA TANK , MUMBAI SELF ASS.TAX FOR A.Y 2011-12 ONLINE PAYMENT MADE TWICE OF SAME AMOUNT. SO PLEASE ...

British State Pension Contributions  Not rated yet
I am a Canadian citizen living in Canada. I am originally from England. I have been making cotributions to the British state pension plan. I will have ...

Widow Tax Questions  Not rated yet
Widow Tax Questions, Ask and help answer all of your widower or recently widowed tax questions here.

Regarding New Pension Scheme  Not rated yet
My question is regarding New Pension Scheme for central govt employee

I want to know that 10% of Govt Share and 10% emplyoee share is exemption from ...

I want to see my regular fil itr online  Not rated yet
how can i see my regular fil itr online

Partnership Tax Questions  Not rated yet
Partnership Tax Questions, Ask or help answer questions about Partnerships.

SAHM Who Worked For 6 Months.  Not rated yet
I am a stay at home mom, but worked for about 6 months of the year.

We have 1 daughter.

Can my husband claim me as a dependent, since his one income ...

Sub-Contract Labor  Not rated yet
I have worked for a painting company for over 10 years, dureing this time the only way he would pay me was sub-contract labor, I was full time with this ...

ADDITION  Not rated yet
ACCORDING TO FORM 26AS DURING THE ASSTT. PROCEDING ASSESSING OFFICER FOUND THAT RECEIPTS OF RS. 450000 HAS NOT BEEN ACCOUNTED FOR THERE FORE ADDITION OF ...

My Yearly TDS 10,000  Not rated yet
My yearly TDS 10,000. How much I will invest to get back my tax(10,000) what kind of invest will be suitable for this such as LIC or Taxsaving fixed deposit?...

1040 Tax Questions  Not rated yet
1040 Tax Questions, This is the page for asking questions about tax form 1040.

About Tax Questions 
About Tax Questions, Tax questions about anything tax related.

Inheritance Questions  Not rated yet
Inheritance Questions, Find out what to do when you inherited a house or have some other kind of inheritance question that you need answered.

Laptop  Not rated yet
Hi I invest in shares and monitor the market via a website which costs me $60.00 per month. I buy/sell shares based on the advise from this program. I ...

Social Security Questions  Not rated yet
Social Security Questions and Answers. Find out more about social security and income tax or social security disability benefits.

Amendment Questions 
Amendment Questions, Find out all you need to know regarding amending returns.

Trust Tax Questions  Not rated yet
Trust Tax Questions, Ask and help answer questions pertaining to trust taxes.

Renting Rooms to Family  Not rated yet
Is rent received from family, for rooms rented to them, in your main home reportable to the IRS?

Home Questions 
home questions, This is where you can ask any of your home questions pertaining to things such as home improvement write off questions, home tax credit, home buying & selling, home office deduction and home loss.

Started Business with 5 Lakh   Not rated yet
I started my business in jan 11, my age is 34. I invested 5.00 lakh in cash in my businss. I want to know, income tax purpose, is it ok or not?

Refund Questions 
Refund Questions, Find out what you need to know about your refund status. Ask a refund question or help answer another persons refund questions.

Work Out of State  Not rated yet
Hi, I live in OR and just started a job in WA.
My 1st paycheck states the following deductions:
Employee Medicare $
Soc Secur $$
OR State income $

How ...

Totally Uncertain About Tax Return  Not rated yet
Do people in nursing homes with Dementia have to lodge an Australian Income Tax Return?

Casualty Tax Questions  Not rated yet
Casualty Tax Questions, Ask or help answer questions pertaining to casualties such as casualty loss or cacualty gain.

Insolvency  Not rated yet
Do I have to file a tax return if I am insolvent?

Requirement of Audit by CA  Not rated yet
I am a marine consultant. During 2009 - 2010 my income was 14 Lac and I got by accounts audited by CA as per requirements. Now during 2010-2011 my income ...

Past Employment  Not rated yet
looking for former address of mine for proof of residency through tax refund,1963-64 ,or 1964-65

Year Specific Questions 
Year Specific Questions, Ask your tax questions that are specific to a particular year 2005 to current.

First Time Questions  Not rated yet
First Time Questions, Is it your first time filing a tax return? Need help as a first timer? This is the place for you!

Purchasing Car Through Loan?  Not rated yet
hello sir/madam, I just want to ask u a question!

I'm planning to take a car which costs around 13-lakh.. the financer company said me to pay a downpayment ...

Loan From Director  Not rated yet
Hello, I needed a small loan for my business and went to my bank who refused to loan the business any money.

So I had some savings which I loaned the ...

Private Jet Service  Not rated yet
I currently work for a company as an employee, and have been asked to attend a year end sales meeting, driving would take about 8-9 hours, commercial airliner ...

Live in Mate  Not rated yet
If my girl gives me $400.00 per month Do I have to claim it as income?

Tax Preparer Makes an Error  Not rated yet
In our 2009 taxes, our tax preparer erred when computing our Federal withholding. As a result, we received a larger refund than we should. IRS has just ...

New Roof  Not rated yet
If I installed a new roof this year, do I get any kind of tax credit or break?

Temporary Alimony  Not rated yet
I am considering entering a separation with my wife for a 3 year perion so she can keep my medical coverage which she would lose if we get divorced. My ...

John R  Not rated yet
I purchased a house in 2009 and applied for the $8,000 stimulus money on an amended 2008 tax return form. I never received the money. When I called the ...

Will Tax Bracket Change After Death of Spouse  Not rated yet
My husband died recently thus I lost alot of income. Will my tax bracket changed since my income has?

Estate Beneficiary  Not rated yet
I will be receiving a sizable amount of money as the beneficiary of my brother-in-law's estate. What are my tax liabilities?

I Owe  Not rated yet
The state of IL. paid me to much money two years ago, and are asking for the money back. What happens if I cant pay it right now?

Independent Contractor?  Not rated yet
I work as an independent contractor. Sometimes if I get in a jamb I will farm out some of my work to my neighbor (stay at home mom). I report all my ...

Making Estimated Quarterly Payments  Not rated yet
I am not self employed. However, I have been making estimated quarterly tax payments on provided tax vouchers from the IRS. I hae just realized that I ...

PF Contribution Reduced  Not rated yet
Recently I have joined a new organization. Before joining it was agreed the PF contribution as per normal practice 12% on basic. But after my joining I ...

Mutual Fund  Not rated yet
I received a letter today 8-09-2011 from the irs in 2009 i redeemed mutual funds total 36000 but it was not aprofit imade 55000 that year they are adding ...

Statue of Limitation  Not rated yet
I had a car that repossed since 1999. Now I get a notice in 2011 from the irs that the bank have reported this as earned income for the year 2009. I live ...

Capital Questions  Not rated yet
Capital Questions, Find our more about capital gains, capital contributions and capital losses.

Claim Questions 
Claim Questions, Offering advice on claiming dependents, students, tuition, money from odd jobs and more.

Contract Employee  Not rated yet
I am a contract employee and may make 28000 this year. I have two children. What are chances I may just break even instead of owing a bunch in taxes?...

Total Payments  Not rated yet
How can I find out how much I've already paid toward my 2010 taxes?

Do I Have a Loss Here?  Not rated yet
I sold a large collection of compact disks at a loss. Is that loss a deduction on my taxes. My accountant added what I got for selling them to my income....

WRONG ASSTT YEAR WRITTEN  Not rated yet
IN MY SELE ASSESSMENT TAX BY MISTAKE WRONG ASSTT. YEAR WRITTEN. I HAVE MENSTION 2010-11 INSTED OF 2011-12. PLEASE SUGGGEST ME WHAT I HAVE ...

IT RETURNS  Not rated yet
I HAVE INCOME OF RS.8 LACS AS CONSULTANCY CHARGES

WHICH ITR FORM I HAVE TO FILE ?

WHETHER BOOKS OF ACCOUNTS SHOULD BE MAINTAINED ?

Mexican Home  Not rated yet
My dad Gave me a House in Mexico. I sold it for 175,000 US dollars . I paid the 30% Mexican taxes do i have to pay taxes in the US?

Salary Employies - Plots Purchase on Installments   Not rated yet
I am working in IT company and am getting tax deduction on my whole salary . I have purchased open land/plot on installments.do i need to declare the land ...

Workers Compensation Questions  Not rated yet
Workers Compensation Questions, Find out what you need to know about workmans compensation.

Stock Tax Questions  Not rated yet
Stock Tax Questions, Please feel free to ask or help answer tax questions with regards to stock, such as stock redemption, stock dividends, buying and selling stock, cost basis of stock and private stock questions.

Elder Care by "Family" Member  Not rated yet
My elderly mother, with dementia, lives with my sister, who works 3 days a week. My sister's granddaughter's mother, who has been living with my nephew ...

Is this property damage deductible as a casualty loss?  Not rated yet
This will be one of your weirder questions. :-) We have a 5-acre property; the main water line runs from the road back to the house, about 800 feet away....

Interest Tax Questions  Not rated yet
Interest Tax Questions, Ask tax questions with regards to interest rates, mortgage interest, principal and interest, interest on loans or any other interest tax questions you may have.

Reg. Fixed Deposit Interest  Not rated yet
I have a fixed deposit. Tds has beed deducted. while filling the itr form, i take the total interest of fd as income from other sources. Can i take only ...

Married Tax Questions  Not rated yet
Married Tax Questions, Ask or help answer tax questions regarding being married. Examples of married questions you will find here are married not but separated, newly married, married filing joint and others.

IRS Questions  Not rated yet
IRS questions, Do you have an IRS question? Go ahead and ask any of your IRs questions here.

Gift Questions 
Gift Question, Want to know more about the tax consequences of gifts, gifting business assets and the gift of money? Ask your gift questions here.

Preparing K-1 Forms  Not rated yet
I have a list of 300 people in an Excell spreadsheet.

How can I prepare K-1 forms for each of them without having to enter all of the data by hand?

NRI RETURNED BACK TO INDIA  Not rated yet
I WAS HOLDING NRI STATUS TILL SEPTEMBER 2010.
NOW I HAVE RETURNED TO INDIA AND NOT WORKING ANY WHERE. MY WIFE IS NOT EMPLOYED AND DAUGHTER IS STUDYING....

Reqired Minimum Distribution from Several Tax-Deferred Accounts  Not rated yet
I have money in three different tax deferred accounts..
--- a couple of small IRAs and the NYC Deferred ...

Dividend Income  Not rated yet
I have been asked to become a director in a small company and be paid in dividends.

Will I still need to complete an employment page or just the dividend ...

Section 125  Not rated yet
We just started a section 125 plan. I know federal, fica, futa are exempt. But are state, local and sui taxe exempt as well?

Return  Not rated yet
I filed my taxes owing arrears child support I know they will intercept payment from my return, but if the reciever of the child support owes the irs will ...

IT Scrutiny  Not rated yet
I am a salaried employee in Pvt. Ltd companhy. I got a notice u/s 143(2) regarding for return filed for FY 2008-09, in August 2010. I personally met the ...

Corporation Tax Questions  Not rated yet
Corporation Tax Questions, Ask or answer a question pertaining to corporation taxes.

Flat Rate  Not rated yet
If I am employed as a Rigger/Scaffolder dual ticketed and my employer pays me a flat rate of $45.What are my responsibilities to him and what are his resonsibilities ...

Residency/Withholding Issues  Not rated yet
I have (2) separate questions, so hope this is OK.
My first question concerns State Residency issues - here is the situation: My husband has been living ...

Penalty Questions  Not rated yet
Penalty Questions, Ask or answer penalty questions here.

Estimated Tax Questions  Not rated yet
Estimated Tax Questions, If you have a question about paying your estimated taxes, you are in the right place.

Mobil Office  Not rated yet
Can a rv be used as an expense as a mobil office?

TDS Questions  Not rated yet
TDS Questions, Ask a TDS question or help answer a TDS related question here.

Parent Tax Questions  Not rated yet
Parent Tax Questions, Please feel free to ask or help answer parent tax questions such as taxes owed by the parent or custodial parent questions.

Superannuation Questions  Not rated yet
Superannuation Questions, Ask or help answer questions pertaining to superannuation.

UK British Pension  Not rated yet
Can I claim my United Kingdom old age pension on line 314?

SSDI Tax Questions  Not rated yet
SSDI Tax Questions, Get your SSDI tax questions answered here.

Re-Issue New Check  Not rated yet
I forgot to cash my income tax refund from 2008 and now it is 2011, can they re-issue me a new check?

Work Questions  Not rated yet
Work Questions, Ask questions to do with working from home, work pay credit, work income and more.

Sweepstakes winnings  Not rated yet
I recently won the Marlboro sweepstakes Prze 5000$ american express gift of travel along with a check for 1,700$ Due to illness I have been unemployed ...

Cash Tax Questions  Not rated yet
Cash Tax Questions, Ask your tax questions about cash payments and transactions here.

Transfer Tax Questions  Not rated yet
Transfer Tax Questions, A great place to ask questions about transfer tax or transferring money.

Siblings Living in the Same House But One Pays Mortgage   Not rated yet
I own a house and my brother lives with me. I pay the mortgage and all other costs. He pays me about half the money. Can I deduct all interest and taxes ...

Is it True???  Not rated yet
Is it true, in cases of separation without a divorce in place, the court appointed, custodial parent has the authority to claim the children on taxes? ...

Lawsuit Winnings  Not rated yet
Is money received from a lawsuit taxable?

Hurt in Afghanistan  Not rated yet
I was hurt in Aghanistan after spending only 8 months overseas. I was humivaced into Germany then flown home. Do I still qualify for the tax exempt status?...

Lived in WA all year, paid back pay from previous employer in NJ  Not rated yet
I lived in Washington all year, but received back pay from 2009 from a previous employer in NJ. Do I need to file taxes in NJ?

Thank you!

Donations Tax Questions  Not rated yet
Donations Tax Questions, Get your questions about donations answered here such as donating labor to your church or donating business property.

Different Totals in Line 1 (wages) & line 16 state wagesI lived in Ca  Not rated yet
My W-2 form had total wages of $40,000 (not real numbers)
I lived 6 months in AZ and 6 months in CA, both with the same company. Line 16 (state wages)...

401k Questions 
401k Questions, The Page for all your 401k withdrawal questions

Live In Relative  Not rated yet
I have a sister who has been living with me for the last two years. It was suppose to be temporary, anyhow, she made under 3600.00 dollars last year and ...

Rent to Own House Bought For Daughter  Not rated yet
Some time ago I purchased a house for which my (divorced) daughter w/5 children was going to pay rent. The object was that eventually the house would ...

Bank Account in Another Country  Not rated yet
If taxes are paid on interest in another country,
is an individual required to pay tax here in the US on the same account?

Out of Country  Not rated yet
My daughter in law's parents moved to Brazil last year and they are US citizens. Can my daughter in law do their income taxes here in the US on turbo ...

Deceased Questions  Not rated yet
Deceased Questions, Find out what you need to know about deceased tax returns.

W2 Questions 
W2 Questions, Help get your questions regarding W-2's answered or help answer other W-2 questions.

Travel to Another State to Keep Job  Not rated yet
I accepted a job where the company requires me to be in Newark, NJ a week per month because there are no local job that fit my skill set. I kept my residence ...

More Income Tax Questions 
More Income Tax Questions, Do you have more income tax questions? If so, feel free to ask any other kind of income tax question here.

Auto Questions  Not rated yet
Auto Questions, Ask and answer auto questions here such as the auto allowance, car loan interest, new car sales, auto reimbursement or any other auto question you need help with.

STANDARD MILEAGE RATE VS ACTUAL EXPENSES  Not rated yet
I USE MY TRUCK FOR WORK, IT IS PAID FOR, FULLY DEPRECIATED AND I STARTED USING ACTUAL EXPENSES WHEN I PUT THE TRUCK IN SERVICE. NOW I WOULD LIKE TO USE ...

Farm Sale  Not rated yet
My husband & I sold our 5 acre farm and principal residence as of April 30, 2010. In 2010, we had no income from sales, but we received a little money ...

Canceled Debt Question  Not rated yet
I entered into an agreement to purchase a lot in a coastal subdivision
in South Carolina. Subsequently, I was informed by an attorney in Virginia where ...

Use of a Truck on a Farm!  Not rated yet
I bought a truck to use on my small farm this year can I take it off on my taxes?

Help Questions  Not rated yet
Help Questions, What do you need help with? Ask your help questions here.

Probate Estate  Not rated yet
How do I handle distribution from probate estate in my income tax return?

Conversion of Personal to Rental Property  Not rated yet
Can you tell me how best to handle this situation? At the beginning of 2010 I bought a new home - and rather than sell my old home in this terrible market ...

Office Space At Home  Not rated yet
I work from home using a bedroom as my office space. In the room is my desk, desk top computer, monitor, filing cabinet, 2 printers (One is an all in ...

Redundency Pay  Not rated yet
I was made redundant a year ago and given a lump sum. only 20% was paid in tax so I face a tax bill of £10,000. they have now asked me to fill in a self ...

Recently Separated  Not rated yet
My wife and I recently separated, we filed a joint return I worked the entire year while she stayed at home with kids (homemaker). I just received the ...

A Dirty Deal  Not rated yet
I filed my two daughters on my tax return for the year 2008 and received the earned income credit. Well, it was time for me to file for the year 2009 and ...

Why Do I Owe The State Money For a Roth IRA Conversion?  Not rated yet
I converted my Traditional IRA to my Roth IRA and was trying to decide if I should pay now or do the 2 year split.
I found when I decide to pay now that ...

Complicated!!!  Not rated yet
I have a pretty complicated set of questions related to tax credits. I bought a home in 2008 that required some extensive repair. My tax professional at ...

EIC Eligible?  Not rated yet
My daughter (age 22) attends college in St. Louis but we live in Cincinnati OH. I pay her rent (my name is on the rental contract) and houehold bills. I ...

Sole Proprietor  Not rated yet
Can I deduct as a loss as a sole proprietor if I did
some work for a company and they never paid?

If so how?

THANK ...

Daughter's House Note  Not rated yet
My daughter is disabled and waiting for her SSD hearing. I have made her house payments for the last two years. Can I count that on my tax return?

1098 Questions  Not rated yet
1098 Questions, The place to go for 1098 form and 1098 T questions.

Business Questions  Not rated yet
Business Questions, The place to get all your business questions answered including business assets, business losses and business taxes

Income Questions 
Income Questions, Ask your miscellaneous income questions here.

Passive Active Loss For PTP  Not rated yet
If I have a loss on line 1 and line 10 of a schedule k-1 (form 1065) with PTP selected, what forms do I have to file with the IRS to capture and/or report ...

Making Work Pay Credit  Not rated yet
I am married filling jointly but my son show my wife/his mother as a dependent on his income tax filling can i take making work pay credit for me only

Relocation Expense Question  Not rated yet
I recently moved from Chicago to Boston and am planning on deducting the expense of moving my household on the tax return for 2010. When I moved I had ...

Reporting Questions  Not rated yet
Reporting Questions, This is the place to find out what you need to know about reporting taxes.

Mistaken State Residency  Not rated yet
I receive a pension from the Federal Government. I used to live in California. We moved in 2009 to Louisiana.
By mistake, our state of residency was ...

Unemployment Questions 
Unemployment Questions, This is where you can learn more about unemployment taxes, unemployed spouce and unemployment benefits with regards to your income tax return.

Compensation  Not rated yet
Is income from social security considered "compensation" when determining eligability to contribute to an IRA?

Perdiem and Mileage  Not rated yet
My husband is in the plumbers and pipefitters union and usually works out of town. He has a lot of expenses he has to pay out of his own pocket. Nothing ...

Owner Operator (Truck Driver)  Not rated yet
What is personal tax deduction?

Mother Tax Questions  Not rated yet
Mother Tax Questions, This is the place to be for all of your tax questions pertaining to mothers. You will find questions pertaining to things such as maternity leave, mothers in law, mothers death, single moms and and other questions about moms that you may have.

I Only Got Part Of My Refund Back  Not rated yet
I only got part of my federal refund back. The IRS says that I need to complete paperwork before I can get the rest of it. Why is that?

Court Judgement   Not rated yet
Can I claim a loss on my 2010 return for a civil court judgement of $7800+ which I was awarded in March 2009 but that the defendant hasn't paid?

Monthly Pay  Not rated yet
Do I get taxed more if I am paid monthly?

Live & Work in South Dakota, but have a Minnesota Residence.  Not rated yet
I'm helping a friend do her taxes. She has had a residence in the State of South Dakota since the end of January 2010. She works in South Dakota as well....

Mileage Tax Questions 
Mileage Tax Questions, The place to go for your mileage deduction and mileage rate reimbursement questions.

American Opportunity Credit Questions  Not rated yet
American Opportunity Credit Questions, Do you have a question about the American Opportunity tax credit? If so, please feel to ask it here or look at other questions and answers regarding the American Opportunity credit.

Turning 18  Not rated yet
My daughter turned 18 and moved out in Nov. She gave birth in Dec. And filed single head of household with one dependent.
Can I claim her as my dependent ...

Name Change  Not rated yet
I got married since I bought my home which qualifies for a homebuyer credit and all docs have my maiden name. Should I submit change of name proof with ...

Benevolence   Not rated yet
Our church gave a needy family 500.00 benevolence for 1 year. Are they to be taxed on this as income?

Am I Paying?  Not rated yet
Have been employed for 7 years. Never had a p60. No proper pay slips and no written contract. However I believed I was paying in another way as money is ...

I Have Supported My Niece   Not rated yet
Can I use my niece as a dependent? Does it make a difference of age?

Hello,

Thanks for your inquiry.

You can claim your niece as a dependent ...

Separated Questions  Not rated yet
Separate Questions, Questions regarding marital separation or being separated vs not separated.

Gambling Winnings Questions  Not rated yet
Gambling Winning Questions, Get answers to your questions pertaining to your gambling winnings and losses.

Writing of Membership To Shed Aquarium  Not rated yet
How do I write off my membership to the shed aquarium?

Hud-1 Private Sale and 1098 Question  Not rated yet
I bought a home through HUD-1 private sale and make my payments to a Mortgage company that makes the payment to original mortgage holder but the 1098 comes ...

Sales Tax Multipul Rates  Not rated yet
My total sales tax Rate is 8.25%. I had an outdoor kitchen build by a contractor from a neighboring city whose sales tax rate is 8.00%. When claiming the ...

Refinance  Not rated yet
Can you write off the costs to you to refinance your home for a lower intrest rate?

Receving a Child Care/Child Income Credit  Not rated yet
I am single disabled father of one child and do not recieve SSI , but recieve food stamps and 400 dollar monthly alotment for my child and me to live on ...

Lady Bird Deed  Not rated yet
My father passed away February 2010. He had a lady Bird deed on his home in Texas naming myself and brother as the grantees to his home which transfered ...

Quarterly Tax Questions 
Quarterly Tax Questions, This is the place to find out what you need to know about quarterly tax payments.

Moving Questions  Not rated yet
Moving Questions, If you have a moving question this is the place to ask it.

Debt Questions 
Debt Questions, Ask or answer any questions about debt such as debt consolidation and debt settlement.

Form Questions 
Form Questions; Ask or answer questions about the different tax forms such as form 1040, form 1065 and waiver form r667.

Withdrawal Tax Questions  Not rated yet
Withdrawal Tax Questions, This is the place to ask or help answer questions pertaining to early withdrawals, cash withdrawals, cashing out early, early retirement withdrawing and more.

Previous Years Questions 
Previous Years Questions, Previous Years Balance, Previous Years Taxes and more.

Grand Kids  Not rated yet
My daughter and 3 children lived full time with us last year. The oldest is handicapped and receives ssi. She has primary custody of the other two. She ...

Loss Questions 
Loss Questions, Questions regarding loss; Lost my job, loss/house fire, lost taxes, loss on sale of a house.

Waiting For Check In The Mail  Not rated yet
Hello im waiting for a paper check in the mail but i efiled around january 14 the irs site said my dd is feb 8 and im wondering will i recieve it on that ...

Child Questions 
Ask Child Questions regarding child care, child support, child tax credit or any other child questions you may have.

Family  Not rated yet
I am married, can my husband and I file completely seperate tax returns, as if we are single?

Money Questions  Not rated yet
Money Questions, Ask or answer a questions about money here.

College Questions  Not rated yet
College Questions, Find our whether your qualify for the college tuition tax credit.

Credit Card Settlement TO REPORT ON TAXES  Not rated yet
I settled with 2 creditcards company Bank Of America and Citi Bank the part that was settled was a total of 22342.85 my income was 22531.90. These were ...

Inlaw  Not rated yet
I usually claim head of houshold, my father in law now lives with us. Can I claim him? He is retired.

Changed Jobs  Not rated yet
I changed jobs in May 2010. When I file each W2 I get a refund, but when I file them together I have to pay. I have checked and the combined sum doesn'...

Gas Tax Questions  Not rated yet
Gas Tax Questions, Gas Guzzler Tax, gas lease money, gas road tax questions and answers.

Taxable Questions  Not rated yet
Taxable Questions, Find out what kinds are things are taxable or not taxable.

Foreign Pension and Bank Interest  Not rated yet
I earn a pension from Indian Government for my job that I performed before migrating here. In addition I get bank interest from my investments there. Also ...

Earned Income Credit Questions 
Earned Income Credit Questions and Answers Page

Living in a Different State Than Residency  Not rated yet
I live and work in MN (I am a student here), but am a MI resident, do I have to file taxes for MI or can I just pay MN taxes?

Juvenile With a Baby In-Jail  Not rated yet
Hello,
My juvenile dependent was locked-up all year until 12/15/10. While in jail, she turned 18 in June. She also had a baby girl in July. They both ...

Student Questions  Not rated yet
Student Questions, This is the place to ask student loan interest questions or student questions about student taxes, expenses and loans.

Can I?  Not rated yet
Can I still file taxes without claiming my daughter when I've made 2000$ if my mom claimed my daughter?

Received Foreign Back-Pay Wages  Not rated yet
Last year, my wife received several years of back-pay wages from her former employer in a foreign country (she lived and worked in that country). She now ...

ERISA Attorneys Fees  Not rated yet
I was put on LTD in2006 due to my 3rd back surgery. While recouperating from third I suffered a stroke. Even though I received S.S.I. benefits my employer ...

New Truck Purchase  Not rated yet
Hi. I purchased a new 2010 Dodge Ram 1500 Sport Truck in September 2010 using a Certificate of Deposit I had cashed out. Do I get any extra money back ...

Beneficiary Question  Not rated yet
As beneficiary of a whole life insurance policy, what portion of the proceeds are taxable, the base policy amount (eg 10,000), the amount that appreciated ...

Insurance/Settlement Payment  Not rated yet
We received an insurance settlement for an injury in an auto accident. Is that taxable?

QDRO Question  Not rated yet
Through a divorce settlement I was ordered to have funds transfered from my deferred comp plan into an account set up for my ex spouse. Can I claim these ...

FEDERAL REFUND  Not rated yet
I MADE 63000 IN 09 AND RECIEVED A FEDREAL REFUND OF 4100
THIS YEAR I MADE 104000 AND USED ALL INFO FROM LAST YEAR AND REFUND ONLY CAME TO 1100? WAS THEIR ...

Royalties Tax Questions  Not rated yet
Royalties Tax Questions, Ask or help answer questions with regards to royalty taxes.

Grant  Not rated yet
I received a grant for my art studio is this taxable income?

gusto ko lang pong malaman kung pano ko makukuha id ko  Not rated yet
2003 i start of my sss insurance self employed pero ngayon wala pa id ko lagi ko nang pinapa low up

Surface Damage From Oil Well Drilled  Not rated yet
An oilwell was drilled on our property. We do not have royalty rights but were paid surface damages since they took up part of our land. We received a ...

Tax Liability Questions 
The Tax Liability Questions page is where you can ask or answer questions regarding tax liabilities.

Adjustments  Not rated yet
I run a business from home. Is their and adjustment on the land line phone, the internet and the electric and gas bill?

UTR  Not rated yet
GOOD MORNING,

i AM WORKING FOR ONE OF CONSTRUCTION COMPANY AS SELF EMPLOYER. i HAVE RELISED THAT MY UTR NUMBER IS DIFFERENT ON MY EARNING STATMENT THEN ...

Collecting Unemployment   Not rated yet
Hello,

My name is Diane and I live in Michigan. I had been working full time and I also had a face painting business that I would do on weekends. My ...

LLC Tax Questions  Not rated yet
LLC Tax Questions, Get your LLC questions answered here.

Retirement Tax Questions  Not rated yet
Retirement Tax Questions, Ask or answer questions with regards to retirement or early retirement.

What To Do Tax Questions 
What To Do Tax Questions, Find out what to do, what can you do, what to include, what depreciation methods to use, etc.

Brand New Car purchase  Not rated yet
Is tax for this purchase can be tax deductible?

Hello Andrea,

Thank you for your question.

Yes, the sales tax paid on the purchase of a new ...

Wall Fell Down  Not rated yet
The city condemed 55' of a reatining wall here in CA. Cost me $29K to rebuild. Can I get any fed or state tax credit for this?

Length of Time  Not rated yet
How long can the tax man go back to re claim out standing taxes?

Hi Roland,

Thank you for your question.

The "tax man" can claim outstanding ...

Mortgage Tax Questions  Not rated yet
Mortgage Tax Questions, Ask or answer a question with regards to mortgage interest deduction, mortgage loan interest, mortgage tax paid etc.

Is Previously Unclaimed Property Once Recovered Taxable?  Not rated yet
The PA Treasury runs an Unclaimed Property Dept. I recently recovered property belonging to my deceased father (died 2002) There are no 1099 forms issued ...

Exemption Tax Questions 
Exemption Tax Questions, Ask your tax exemption questions here.

Theft Tax Questions  Not rated yet
Theft Tax Questions, Get your questions answered regarding theft deduction.

Deduction Questions 
Deduction Questions; Get information on airline taxes, mileage, schedule C, heavy equipment deductions and more here.

1099 Questions 
1099 Questions, The place to go for 1099R and 1099MISC questions.

Which Year?  Not rated yet
I was paid in 2011 for woek performed in 2010. Which year do I reoirt the income -2010 or 2011?

Reverse Morgage  Not rated yet
I recieved a reverse morgage on my house in May 2010

Pay 7800 of it to federal government. Do I have to pay more tax on Federal Income taxes?

Deferred Questions  Not rated yet
Deferred Questions, Questions and answer with regards to deferring income, deferred comp, deferred income interest and more.

No Tax Payments Anywhere...  Not rated yet
Hello
I started work in the Middle East three months ago and am now a non-resident from the UK and also from my home country in Europe - emigrated.

* So ...

We All Need Money  Not rated yet
How can I find out who is filing me on there taxes?

House Questions  Not rated yet
House Questions, Look here if you need information on the first time home buyers credit or for a house sold at a loss

Leave Travel Allowance  Not rated yet
Dear team,

Recently i had travelled from Mumbai to Cochin and returned from Trivandrum to Mumbai by air visiting multiple places in Kerala. I have googled ...

Can't Pay Tax Questions  Not rated yet
Can't Pay Tax Questions, Find out what you can do if you will not be able to pay your taxes.

Salary After Taxes  Not rated yet
If I am a single person, how much would my net income be per month and after taxes if I made $46,000 per year?

Apply For VA Benefits?  Not rated yet
My mother just passed away. My father made $49,930 in 2010. Should he apply for the three months of VA benefits he's entitled to ($4,680) or would that ...

Expenses For Charity Work  Not rated yet
Hi, I'm a caterer in Sydney, Australia and I have been approached to supply some catering at my expense for an upcoming event with a registered charity....

Bankruptcy Tax Questions  Not rated yet
Bankruptcy Tax Questions, Get your bankruptcy tax questions answered here.

Long Term Capital Gains  Not rated yet
Can long term losses for mutual funds be deducted from long term gains for stocks on the federal return?

e-TDS Return  Not rated yet
On verifying the credit of Tax deducted at Source, I found that the tax deducted by one of my employer is not appearing in Form 26AS. I requested the employer ...

Rental Questions 
Rental Questions, Questions and Answers about rental properties.

Forex Losses   Not rated yet
Forex losses. Can they be treated as regular losses or do they get put in a different category ie. capital loss. A capital loss is only deductible ...

Excess Social Security and Self-Employment Income  Not rated yet
In 2009 I had two jobs that resulted in excess social security being withheld. I understand how to get a refund for this excess. BUT in October I started ...

Dependent Questions 
Dependent Questions; This is where you can get clear on things such as qualifying dependents and filing status.

Fixed Municipal Bond  Not rated yet
I have a fixed municipal bond both my son and my name is on it. I would like to remove by son's name off the bond and place him on it as payable upon ...

Whole Life Insurance Cashout  Not rated yet
If I cashout a whole life insurance policy where would I enter it on my federal tax form?

Hello,

Thank you for your inquiry.

If you surrender ...

Changing Tax Status With Employer To Exempt  Not rated yet
I'm considering changing my tax status for a few months with my present full time employer from 2 (married filing jointly) to exempt. My husband is disabled ...

Underwater Mortgage  Not rated yet
We have an underwater mortgage on a vacation property we want to sell. If we sell at todays prices, we will have to take a $80,000 loss. Is this loss ...

Need Advice  Not rated yet
I have taken a loan from my bank. They are taking money from my account to pay it off monthly for the next four years. The amount of the loan was for seven ...

Statutory Employee  Not rated yet
I am employed by a hospital as a full time home based Medical Transcriptionist. My employer provides the computer equipment and reimburses me only for ...

Medical Questions 
Medical Questions; Find out what kind of medical expenses and deductions you can take on your tax return.

Pension Questions  Not rated yet
Pension Questions, Ask and answer pension questions such as for pension payouts and pensions payable.

Hobby Expense Credit  Not rated yet
I play recreation soccer throughout the year. Each season costs from $50 - $65. I am on 2 teams. There are four seasons per year.
Can I claim this ...

Upside Down Mortgage, Separation, Job loss  Not rated yet
My wife and I separated last September and will be filing for divorce in a few months. The prior months saw me losing my job and we also had to sell our ...

Property Questions  Not rated yet
Property Questions; A place where you can get your questions answered about demolished, rental and property taxes.

Unreimbursed Employee Expenses  Not rated yet
I work for a community college and get reimbursed for some of my required travel but other times there is no reimbursement for the travel. At times I ...

Married Filing Separately Questions  Not rated yet
Married Filing Seprately, Get your married filing separately vs married filing jointly questions answered here.

New Born Baby to 18 Year Old at Home  Not rated yet
I have a daughter that has given birth one day before her 18th birthday in Dec. 09. She has never worked and got a W2. Can she file an income tax form ...

Unanswered Tax Questions  Not rated yet
Unanswered Tax Questions, Please help share your expertise on the following unanswered tax questions

Should I File Questions  Not rated yet
Should I File Questions, Not sure if you need to file? Learn about whether you should file taxes here.

Is Alimony Taxable?  Not rated yet
Hello,

Please help: Is alimony taxable?

Hello Penny,

Thank you for your question.

Yes, the money you receive from Alimony is taxable.

Meanwhile,...

New Standard Mileage Rate?  Not rated yet
What is the new standard mileage rate for 2008?

The new standard mileage rate for 2008 is 50.5 cents for January 1, 2008 through June 30, 2008 and ...

Write Off Questions  Not rated yet
Write Off Questions, Get more information on different business write-offs.