Jenny C. asked
I claimed my brother as a dependent on my 2014 taxes, but I was unable to file online as a disabled vet. I filed without listing him as disabled and now want to amend my taxes for 2014 and file correctly for 2015. What is the best/easiest way to do this, and is there a waiting period between filing the amendment and filing of the 2015 taxes?
December 30th, 2023
Sherry V. answered
You can amend your 2014 taxes and file for 2015 without waiting. Here are the steps to follow: 1. Us...
December 30th, 2023
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Wife dies 3/1/2015; triplex rental owned as community property; only child inherits ½; I, as surviving spouse, retain ½. Purchase range for rental on 8/1/2014 for $600 (5 year life; ½ year convention). Depreciate $60 in 2014 and $60 during wife's life in 2015 (through 3/1/2015). What is the calculation on remaining depreciation for this asset?
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Can a L1 visa holder receive wire transfers of US dollars from her husband and/or father who live in China, and if so, what are the implications regarding money limits, taxes, and reporting requirements? The visa holder is legally residing and working in Wisconsin and will be trying to get her green card later in the year.
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