asked
I won $100,000.00 in a lottery scratch-off and they withheld 30% ($30,000.00). I also played at the casino and received many W2s from the casino, with the casino's statement showing $69,000.00 in losses. How should I declare these gambling wins and losses to the IRS?
September 28th, 2023
I filed my taxes on 1-29 using TurboTax, but the system wouldn't let me transmit my return because it said I had no numbers in my W-2 in certain boxes, even though I had an SSA-1099 and no W-2. I don't have a printer to print and send my return, and I can't seem to get back into my return. I paid the full amount to have my taxes done and downloaded, but now I have nothing. I live on a fixed income and want my money back. What should I do?
January 17th, 2023
If I paid a lawyer $850 to review a franchise agreement when purchasing a franchise, which 1099 does my LLC need to issue to the lawyer? Do I need to issue a 1099 to the franchisor for the franchise fee and monthly franchise fees/royalties?
January 14th, 2024
If I were to open an online business under someone else's SSN with their permission and then later switch it to an LLC under my personal information so I am the owner of the business and pay all the taxes, are there any consequences to that?
October 4th, 2023
For an Arizona business filing 1099 NEC, is state filing required, and if there is an option for both state and federal filing, should both be chosen?
December 21st, 2023
I am a self-employed hair stylist in Lake Charles, Louisiana, aged 24 with two daughters. My income for the year was $30,880. I am unsure whether to claim my daughters as dependents or if my fiancé should. Additionally, I need guidance on how to handle quarterly tax payments since my income can be unpredictable.
January 29th, 2023