asked
Can my sister, who is filing a New Jersey return as a single widow over 65, take accelerated depreciation on her South Carolina rental property for 2022 to offset her $56k federal tax burden, instead of using the normal 27.5-year depreciation schedule? She has income from pension and social security, and she gifted $300k from her IRA to her brother.
April 3rd, 2024
I started my company and mailed my 83(b) election form about a month ago, but I just noticed that USPS still hasn't delivered it yet, and there is a chance that it has been lost in the mailing process. What should I do considering it has passed the 30 days deadline?
April 5th, 2024
I collect Social Security disability and started driving for Lyft last year, earning $1875.09. I am not married, have no dependents, and live in Ohio. How do I file my taxes?
March 21st, 2023
I am unable to get past the identity protection PIN page and need to obtain my wife's PIN to get our 1040 tax return approved. What steps can I take to resolve this issue?
September 14th, 2024
I was trying to complete my tax return on TurboTax and had to get off due to a Teams Meeting. Now, I can't get back on because the site is down. I accidentally entered my income twice and was in the process of fixing it when I had to leave. How can I resolve this issue and complete my tax return?
February 1st, 2024
I never received my refund this year. The IRS says it was sent on February 15, but when I checked my return, the routing number and banking number are wrong. When I checked 2021, the numbers are correct, so I don’t know how they got changed. What should be my next step?
June 23rd, 2023