asked
I need a 5-digit PIN that was created last year, but I do not have it. I am currently located in Port Orange, FL, I am 70 years old with no dependents, and my typical filing status is single. This year, I made approximately $8,639.80. How can I obtain my identity protection PIN for filing my tax return?
November 1st, 2023
My brother and I are partial owners of a property in Texas and want to sell our interest to our sister to avoid going to court. We inherited our interest and both live out of state (Alabama & Arizona). Will we have to pay federal taxes on the sale, and if so, how much? The total amount is $60000 between the two of us.
August 4th, 2024
I received a tax refund of $2187, but line 35a on my tax return shows it should be $4374. I filed electronically and have been unable to contact the IRS or access my account online. What should I do?
September 26th, 2023
Can I deduct moving expenses from my tax return when moving from California to Maryland, especially if my company reimburses up to $10,000 of expenses but includes tax deductions?
July 19th, 2024
Can monies in a revocable trust be distributed to children as a gift? What are the tax implications for the recipients of the monies? Resident states are IL and IN. The owner of the trust wants to disperse funds now instead of after their death.
April 18th, 2023
A client has $57K of 1099 Schedule C income, netting $48K. He bought a new car on 12/27/22 for $29K. Can he claim depreciation on the vehicle, and if so, how many years or is there a maximum number for the first year use? Additionally, can he claim mileage? The vehicle is used more than 50% for business purposes.
December 14th, 2023