asked
I have a 1099 MISC form from our builder. He built about 3/4 of the home and we did the rest ourselves. He took the draw from our construction loan and paid us money out of it. Now we have a 1099 form that appears as 'other income' but this money is actually money from OUR construction loan of which is now our mortgage. What do we do with this?
September 15th, 2023
I efiled my 2014 taxes, is it too late to change my LLC Partnership to an S-Corp for this year? Can I mail the form in today?
April 23rd, 2023
Do my parents need to claim the $300 a week I pay them for board as income at tax time if I receive payments from Centerlink to help cover the cost of my board?
December 6th, 2024
My ex-wife filed for a rapid refund but was denied because she owed back child support. How long should it take for me to receive her refund?
May 9th, 2023
I am married and want to file my taxes, but I was on work comp all year and am still waiting for my W-2, which will only have 3 days of work. Can I file my taxes without including this W-2 since it will be less than $500?
September 20th, 2024
My mom inherited about $150,000 from her deceased aunt. She is on social security and has no other income. Does she owe federal or state tax on this inheritance? If she passes away and I inherit the money, will the same tax rules apply to me?
August 15th, 2024