A taxpayer moved out of a state in August 2019 and claimed residency in a new state. After COVID-19, the taxpayer filed for unemployment in the former state, which paid the benefits and withheld both federal and state taxes. Both the former and new states tax unemployment benefits. Is there a filing benefit? Are the benefits deemed to be 'earned' within the nonresident state? The resident state taxes worldwide income, so the benefits are taxable in the new, resident state.
January 29th, 2024
We filed our 2020 income taxes on February 7, 2020, and received a rejection letter stating that one of our grandchildren has already been claimed. We have had custody of all three since 2016 and have sent all legal court papers to the IRS in 2016. We cannot reach anyone at the IRS to determine what needs to be done. We could really use that tax return, and we believe this issue may have affected our second stimulus payment. What should we do?
May 4th, 2024
I had to use my 401(k) plan after losing my job and being placed on disability since 2016. Will I have to get legal help to avoid paying a $1700 bill, and will my stimulus be affected?
November 17th, 2024
For a multi-member LLC showing a loss, can I use Section 179 to depreciate the full cost of assets in 2020, or should I take the entire amount as a bonus depreciation, and how would this affect the partners' K-1 forms?
January 19th, 2023
Who do I get in contact with so I can put my direct deposit information if there's another stimulus check instead of getting a check in the mail?
February 25th, 2023
As the noncustodial parent, am I allowed to claim my daughter who I pay child support for and spend significant time with, if the child lives with the other parent the majority of the year?
August 2nd, 2023