I turned 65 in September 2014 and have been receiving payments from the Swiss Social Security directly to my bank account since then. I live and pay taxes in the USA and do not have a 1099 for this. How do I file this revenue in TurboTax?
September 7th, 2023
I am withdrawing $35,000 early from my 401k IRA account. I live in NYC, make $146,000 annually, and file my tax returns jointly. I am 45 years old. How much federal and state taxes should I withhold?
November 15th, 2024
If I give a house worth $25,000 to the church jointly with my wife, what would I get back from that on my tax return?
November 16th, 2023
As a cosmetologist receiving a 1099 and having taxes not withheld from my paycheck, how do I determine how and where to pay my taxes, and how much I need to save from each paycheck?
September 26th, 2023
Can an individual give a 1099 to another individual and take the deduction for it on taxes? If an individual paid $8500 to help him do a job, how would he get the deduction? This individual is a W2 employee, but he had to pay another person $8500 in the course of getting the work done, for which his employer did not pay. How would he go about claiming that expense?
September 17th, 2024
I started an LLC last year and filed form 2553 to change to an S-Corp, but mistakenly made the filing retroactive to 2014 instead of 2015. I didn't pay taxes, receive a W-2 salary, or take any deductions. Is there a way to change this to remain an LLC, and if not, what are my options for filing?
December 5th, 2024