I am the noncustodial parent and can claim my daughter in the tax return. I pay 40% of the child care amount to my ex-wife as per the marriage settlement agreement. Should I claim 100% of the child care amount that was paid or only the 40% I paid in my tax return? Do I need any other forms from my ex-wife for federal and state tax returns?
May 3rd, 2024
I live and work in Maryland, but my W-2 forms show state tax withholding for both Maryland and Delaware. How should I file my taxes given this situation?
May 15th, 2023
When starting up a new business, is it better to file taxes quarterly, and how would we go about it?
June 25th, 2023
Can I claim the $10,000 I paid to my attorney as a miscellaneous deduction on my 2017 income taxes for a discrimination complaint settlement that did not include attorney fees?
March 1st, 2024
Where do I enter the amount from a 1099-S on my 1040? I have a 1099-S showing income from the sale of farm property. Nothing was withheld, and it is our share from the sale of family land, with mineral rights reserved.
September 13th, 2023
Where do web hosting expenses and outsourced development and programming expenses for software companies go on Schedule C of a tax return, and how should income from a credit card processing company be categorized?
June 30th, 2023