I receive only social security, which amounted to $16,920 in 2022. I also received a 1099-C for a debt discharge of $15,829.94. Do I need to file 2022 taxes with the federal and state?

July 4th, 2023

I sold my Dad's house after he passed. The house was in my name and my brother's name, with him having a life lease. I sold it at less than fair market value. Do I have to claim capital gains on it, and how should I calculate it?

January 2nd, 2024

My husband and I separated in 9/2022. I just found out he did not file our taxes for 2021. Our tax guy processed everything, but my husband won't return the signed copy of the form giving permission to e-file. I'm sure the fact that he signed my name on the return and he is trying to hide financial information from me is the cause. I am a stay-home mom/wife, so I have no income to show. What can I do about this?

February 15th, 2024

I live in South Carolina and sold land in North Carolina, generating long-term gains. Where do I enter this for my state tax returns, NC, SC, or both? How do I get the tax credit from SC, and does TurboTax handle this?

May 25th, 2024

I've set up an LLC company in Wyoming and need a business account in a bank. Can you help me? Also, I'm interested in understanding the tax implications. Specifically, till what amount is there zero tax, and if I earn 150,000 USD per month or more, what taxes will I pay and how often should I provide reports?

June 20th, 2023