I lost my Social Security card. How can I get a replacement?

April 13th, 2024

What are the tax implications for me and my ex-spouse regarding the mortgage on my primary home, which was awarded to me in the divorce, and a separate loan forgiven by his company during a legal settlement? Additionally, who should fill out Form 982 if a 1099-C is received, and can this form be used for late tax filing?

April 29th, 2023

I need to pay my taxes but I can't get it to work. Where are you currently located? How old are you? Do you have any dependents? What is your typical filing status? Do you know roughly what you made this year?

December 2nd, 2023

I received my Social Security for each month and have taken a large amount deduction for IRMAA. I sold my home and increased my income for last year, which is a one-time income. I was advised to call for an appeal and was told to get form 561-U2, but I cannot locate it. What should I do?

September 19th, 2024

I run an Adult Foster Home business for adults aged 65 and older, housing 5 clients in my 4,000 sq. ft. home with my wife. We provide room and board and assist with ADLs and medication. I'm having trouble understanding the Home Office Tax Deduction. Since my clients use all parts of my home every day, including common areas, what percentage of my home can I deduct for the Home Office Deduction? Can I deduct the square footage of common areas used for both business and personal use, or am I limited to the 5 bedrooms exclusively used by clients? Can I deduct 5/7th of every expense for the home office deductions?

July 14th, 2024