asked
I forgot to list a short-term transaction for noncovered tax lots on my Federal Tax return, specifically a crypto 1099-B. The transaction was a relatively small amount: bought for $102 and sold for $704. I've already filed and it has been accepted for 2021. How do I amend my tax return to include this missed item?
March 2nd, 2024
I want to increase my withholding tax from my social security money. Where can I find the form to do this and what are the steps to complete it?
July 30th, 2024
If two properties were transferred to a trust for half the year (June to December 2021), one being a principal residence (NY) and the other a vacation home (FL), and property taxes were paid for the entire year out of pocket, can I deduct half of the property taxes paid on my 1040 and the other half on the trust's 1041? The property taxes were paid out of pocket and not from the trust account. If I can take the deduction, what would the journal entries be for the out-of-pocket real estate expense that was paid for the properties held in the trust?
August 15th, 2024
I have W-2 income as a statutory employee and also 1099-NEC income that is all related to the same business. Can all of this income be put on one Schedule C or does it need to be separated? If separated, do I report all of my expenses on one or the other Schedule C?
October 7th, 2024
I am 79 years old and divorced my first husband in 1993 after being married for 30 years. He passed away in 2014. I remarried in 1998 and my second husband died in 2020. I have my divorce decree and original marriage papers from my first husband. How do I send these documents to qualify for my first husband's Social Security survivor benefits?
September 22nd, 2023
I didn't file taxes last year and the year before I filed and never got money. I just need my AGI number. Did you file your taxes last year? Was it online or by mail? Do you have access to your IRS account?
August 6th, 2024