Cassidy G. asked
I am a new immigration consultant with a client who wants to bring his child from Africa to the U.S. His wife is a resident alien. What forms do I need to fill out and where do I start?
January 8th, 2024
Sierra M. answered
To start the process, your client will need to provide tax returns for the last three years to demon...
January 8th, 2024
Create an account to view answers and interact with the community!
I am the Personal Representative for a deceased friend's estate in Michigan. She died with zero money or assets, but four weeks after her father's death, her estate received $24,900 from his life insurance. What tax forms do I need to complete for the estate?
April 23rd, 2023
Where do I list job search expenses and expenses for upgrading and repairing a house for future rental plans on my tax return?
August 13th, 2023
On our Virginia Form 760, we qualify for the Age deduction of $24,000 if one spouse only has $1500 in earned income over and above Social Security Income. Do we need to reduce the deduction to $13,500 or can the other spouse take more than the $12,000 deduction?
July 26th, 2024
I own a digital marketing agency that uses a broker model. I was issued a 1099 for $2,226,000, with $2,126,000 paid to the brokered agency, resulting in a profit of $100,000. Where do I list the $2,126,000 expense on Schedule C, and how does the IRS know the majority of this money was sent to the agency that provided the leads?
September 30th, 2023
My son, who has lived and worked in London for 15 years, inherited an investment account last year with approximately $20K in income from that account. He earns less than $100,000 a year in the UK. Does the foreign tax credit on form 2555 also take away the money he earned here? I am also curious about how it should be handled in CA.
April 1st, 2024
