asked
How are repairs and insurance settlements handled when filing taxes for a rental property that was damaged in a tornado? The rental property is a mobile home park, and the insurance settlement totaled all the mobile homes. We were able to repair several mobile homes and keep our park operating.
July 27th, 2024
Is a Hawaii nonresident investment income subject to Hawaii income tax?
September 18th, 2023
How can I find out how much I have paid in tax estimates for 2014?
May 30th, 2023
For tax year 2012, my adult child, age 35, was unemployed and under a doctor's care for mental health. I was his full means of support and claimed him as a dependent for tax purposes. We financially supported him again in 2013. Can we claim him as a dependent for 2013 even though as of January 2014, we no longer provide full support and he is receiving Medicaid and food assistance starting in January 2014?
January 18th, 2023
I was in Australia for 5 months on a 457 visa during the current fiscal year, paid in Singapore, and my visa was cancelled in December 2013. My company advised that I would not have to pay Australian tax as I am considered a Singapore resident. Do I still need to file a tax return in Australia, and if so, will I have to pay any tax?
November 10th, 2023
Did the Mortgage Debt Relief Act get extended through 2015? If someone does a deed in lieu of foreclosure, do they have to pay the debt forgiven as ordinary income, and what are the legal requirements for insolvency to exclude forgiven debt from income?
July 27th, 2023