asked
I made investments in a mutual fund for my granddaughter. Over the years, she has received 1099s for dividend reinvestments and tax has been paid on those. If she draws some of the balance for doctor bills, how do we determine the taxable portion?
June 13th, 2023
Can I deduct the funding of a new LLC from my existing S-Corp's pre-tax revenue for tax year 2018?
December 8th, 2024
I am living in the United States on a J1 visa and am a resident alien for tax purposes. My husband and five-year-old child live in China. What should be my status for tax purposes? Single or married? If I should be married, could I claim a joint return for this tax year?
August 31st, 2023
When I make a correction, what adjustments are possible to deduct paid mortgage to the lender, including the check received as part of the exclusion of a home sold in 2003? What are the forms and publications, and can I take back the collected amount until I can produce a correct explanation? I am retired and may not be able to pay property tax due in April if I cannot make the right correction.
March 16th, 2023
I am waiting for a tax refund from the Fresno IRS, AUR, for the tax year 2015. The IRS is not responding to any calls or written inquiries. What should I do to check the status of my refund?
March 28th, 2023
My 87-year-old mother is receiving an inheritance of $260,000 and wants to split it 7 ways, including one share for herself and one for each of her six children. If she pays each of us kids a check, would we have to pay inheritance/gift tax?
June 29th, 2024