asked
How is inheritance money reported on income tax return?
October 23rd, 2023
If I am a US citizen filing 2018 taxes as Head of Household, residing in the US but am still married to a foreigner who resides in a foreign country (who does not file US taxes), am I ineligible for the American Opportunity Tax Credit (AOTC) for my daughter even though I am a US citizen filing HoH?
November 28th, 2024
I filed my tax return for 2016 and 2017 along with Schedule-C and paid taxes for my LLC. Unfortunately, my accountant did not file Form-568 at that time. I just received a notice from FTB that they received my taxes but cannot locate a tax return. I have to respond to them this week. What should I do?
January 4th, 2024
I need a copy of my 2018 tax statement, specifically my 1099 for account number U1493491. I have this document for two other broker accounts, but not for this one. What should I do?
April 30th, 2024
We are a small subcontracting company with employees who travel to various job sites within and outside the metropolitan area. Our employees rarely visit our warehouse in the metropolitan area since they are on job sites that last a week to a few months. Can mileage be deducted for their commute to these job sites since they change multiple times throughout the year?
September 14th, 2023
In April 2018, I had a stroke and had to quit work. I moved to my sister's house and let my stepson move into my house with the understanding that he would eventually buy the place for $1.00 over the mortgage I owe. The house payment covers taxes and insurance, and until he purchases the house, the mortgage interest is my deduction. How do I handle this situation for tax purposes, given that there is no exchange of money between us?
November 2nd, 2023