asked
I recently retired and have earned a federal pension. I took a position with another employer in CA, but my spouse remains in Illinois and is maintaining the house and supporting my two daughters using my pension. I am in CA and have established my residency there, but my spouse remains in Illinois as a resident. Both my new employer salary and federal pension have been taxed in CA. However, I never see the pension since it is being used to maintain the Illinois family and residence. Can that pension or any portion be considered Illinois, rather than CA, income?
February 20th, 2023
I filed my 2017 tax return through TaxAct, possibly electronically. How can I get a copy of that return?
March 8th, 2024
What are the sales tax reporting requirements for San Diego, CA?
January 2nd, 2023
Are you a real person or AI? Have you talked to a tax professional about this? Anything else you want the Accountant to know before I connect you?
May 6th, 2024
Can I file resident tax 'ONLY' in NJ and non-resident tax 'ONLY' in NY for the following scenario: 1) Taking up a new job in NY from Jan 2, 2019; 2) My family will live in NJ with the rental agreement on my name and my wife's name, she is a homemaker; 3) My kids will go to NJ schools; 4) I will have my car and DL registrations done in NJ; 5) I will live in a shared accommodation with the lease in my name and work in Armonk, NY; 6) I will travel over the weekends, during holidays to NJ to be with my family?
March 18th, 2023
In a forced sale of rental property due to eminent domain, one spouse died in February 2008, and the property is in a trust with the other spouse still living. The forced sale was completed in January 2011. How long do I have to reinvest to avoid capital gains tax, if any? Is the revaluation done in February 2008 the new basis for capital gains determination, or only 50% of it? Does taking it as a 1035 exchange compromise the time one has to reinvest?
November 27th, 2023