asked
How much can I take from an inherited annuity before it changes my income bracket, considering I have to roll it over in 10 years and I am disabled?
July 27th, 2023
Can you claim an unborn child on your taxes in Georgia? If so, how do you claim it?
November 25th, 2023
When do you mail out W-2 forms, and can I get a W-2 online if I am retired?
August 21st, 2024
Several years ago, I was supposed to claim my settlement from my divorce on my taxes and did not do it correctly. The IRS automatically revised my tax return and gave me a liability of about $30,000, which is now $40,000 with interest and penalties. I make a decent living but have significant expenses. Is there anything I can do to get out from under this debt without paying a lawyer thousands of dollars?
April 22nd, 2023
I am starting a farm business in Colorado as a sole proprietorship LLC. In 2023, my first year, I spent $30,000 on infrastructure and operations without making any money. Can I write off this $30,000 as a loss on my personal taxes, and how should I classify these expenses to avoid scrutiny from the IRS?
April 20th, 2024
I am a US citizen filing jointly with my wife. In 2007, I purchased a property with another person who is not my wife, but the property was under her control. I was recently notified that she wants to sell the property, and because my name is on the title, I will receive part of the proceeds. Will I have to report this on Form 8949, and do I need to complete Form 8938 for specified foreign financial assets?
August 14th, 2023