asked
I just closed on the sale of a property that was not my primary residence. The closer asked if it was my primary residence for the 1099 report. I told her no, but now I'm unsure if I made a mistake. Additionally, could I deduct attorney fees I spent defending my investment, and would I be able to deduct the interest, insurance, and taxes I paid for the last year as a rental, even though I didn't report it as one?
November 30th, 2024
If I live in Minnesota and work in South Dakota, do I have to pay South Dakota state tax or Minnesota state tax?
May 10th, 2024
I am 78.5 years old and need to change the direct deposit information for my Social Security payments from my old OnPoint Credit Union account to a new checking account. Can this be done online, and what are the steps to do so?
March 4th, 2023
I need help with a bookkeeping issue in QuickBooks installed on my computer. My cash balance sheet shows a negative accounts receivable. What could be causing this and how can I fix it?
September 17th, 2023
Partnership (parent company) is filing a 1065 form and needs to include income/loss from an LLC (which the partnership owns 100%) on the 1065 form. What other form, if any, should be filed to inform the IRS that the LLC's income/loss return will be included in form 1065?
January 11th, 2024
Do I need to have tax withheld on each IRA withdrawal, and will I be fined by the IRS for not doing so in 2017?
March 18th, 2024