asked
I have been living with my girlfriend for over a year now, and she wants to claim me as a dependent in order to claim "head of household" status since she pays for mortgage, utilities, and most other bills. I do not work and am a retired (100%) disabled veteran, receiving disability pensions from both VA and Social Security which are tax free. I usually help with other expenses, the majority being travel and entertainment expenses. Will the IRS accept this as valid and what will they look for to validate the claim/status?
October 6th, 2023
I need a copy of the 2023 new benefit amount from the Social Security Administration for financial aid application at Grande Ronde Hospital. How can I obtain this?
December 25th, 2023
Is there a limit to rental property depreciation, and how do I ensure all my costs are captured for tax deductions? Specifically, I am using TurboTax and have encountered a point where additional property information does not increase my tax deduction. What are the passive loss limits and how do they apply to my situation?
June 29th, 2024
For a two-member LLC, do I need any additional authorization if both members sign the form? Do I need to file an 8821? If the LLC was just formed and hasn't filed a 1065, how should I complete items 5 and 6 on Form 8802?
October 16th, 2023
If I get a loan, how do I recognize it in the accounting books with interest payable or should I register interest expense as I am paying it? I am using the cash basis accounting method.
August 1st, 2024
My wife's Social Security benefits are being stolen by her brother, and I have reported this to the Social Security Administration (SSA) but no action has been taken. I have Power of Attorney for my wife and have applied to become her Representative Payee, but I haven't received any response from SSA. What steps can I take to ensure my wife's benefits are protected and how can I expedite the process of becoming her Representative Payee?
October 8th, 2024