I sold stocks in 2023 that I had held for 20 years, believing they would not be considered taxable income due to being long-term gains. However, when filling out my online tax forms, it appears they are being considered taxable income. Can you help me understand this?

August 4th, 2023

My wife and I are getting ready to file our 2023 taxes. Although she was laid off in September, she worked remotely in Virginia for a company based out of Michigan. Is she able to claim her office since it was only used for business, and can we claim the home repairs, including $14k of foundation repairs, which were needed to create an even space for her business activities?

November 16th, 2024

How do I locate the status of my California state refund check?

October 29th, 2023

As an F1 student on CPT, am I allowed to receive payment as an independent contractor via 1099, and am I responsible for self-reporting and paying my taxes? Additionally, is it okay to use IRS Direct Pay for these payments, and should I pay quarterly or at the end of the year?

July 14th, 2024

What is the difference between a regular 1099 for independent contractors and a 1099 Misc from your employer in addition to your W2? What are the implications of each when it comes to taxes?

November 3rd, 2023