asked
Does it matter that the wife of the deceased received the partnership interest upon his death, concerning the stepped-up basis of the buildings in the partnership and the 754 election?
September 25th, 2024
We are a married couple with income from a rented home. Can we use 1040 sr? Also, is workers comp taxable? How do I choose between 1040 and 1040 sr?
October 7th, 2023
My mom is on Social Security and receives a split benefit. Half comes from her husband and the other half from her disability. She is 65 years old, separated but not legally from her husband, and wants to know if she can file for a tax refund. She does not pay taxes and was told she can file on her husband's half. Additionally, she wants to know if she is eligible for stimulus checks and how to update her financial information with the IRS.
October 22nd, 2023
If we haven't filed taxes for about 5 years because we only receive social security and don't receive enough that we aren't required to file, but this year we will have a lot of medical expenses, is it worth it to file this year?
May 10th, 2023
I had a good experience with Chanel West, EA, and now I need help with a follow-up tax question. My computer was stolen, and I need to know where and which website to download my tax return data/info. Should I go to the IRS or TurboTax website? Do I need to download the 2020 TurboTax again by selecting the menu options? Please advise.
July 28th, 2023
My mother died on Dec 1, 2021. She received her final Social Security payment (direct deposit) for November on Dec 3, 2021. The payment is included on her 2021 1099-SSA. Should the December payment be included on her 2021 1040 final return or should the 1040 be adjusted for the December payment as IRD and included on her estate 1041? If it is adjusted, where on the 1040 or supporting schedules is that adjustment made?
May 30th, 2024