Hi, my wife and I are wanting to file our taxes jointly this year as married. We are common law married and reside in Texas. We satisfy the three conditions that Texas says you have to do to be considered common law married. One thing we haven't done is file papers with the county clerk's office. Does that disqualify us from being able to file as married on our taxes?

March 5th, 2024

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

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?

September 21st, 2024

If real estate is placed in a non-revocable trust and the property taxes are paid by the trust via money deposited by the person who set up the trust, who gets to deduct the property taxes on their tax return? Is it the beneficiary?

December 20th, 2023

Can a shareholder of an SCorp deduct travel expenses for board meetings if they bring an unmarried partner along?

May 27th, 2024