If I loaned money to someone who was supposed to pay a small interest fee but ran off without paying, can I claim the loss on my tax return? The court ordered him to pay me but allowed him to return to his home state without paying. I haven't received any money and don't have the resources to chase him across the country. I want to know if I can claim this as a loss or theft on my tax return and how to do it.
May 15th, 2023
I'm filling out a form IT-2663 for NYS real estate tax. What are the guidelines for what can and cannot be deducted as 'closing costs' and 'improvements'? Can I deduct refinance fees? Also, if I'm selling the house now but will be married by the time I'm filing my taxes, should I use the $250K deduction on profit, or the $500K deduction? If I pay taxes on the sale of this NY property while living in California, will I need to pay CA taxes on the sale as well?
August 17th, 2023
Can a creditor garnish my income tax refund?
May 1st, 2024
How can I make fact-filled arguments to justify the extension of international activities within a college?
August 16th, 2023
I have been paying tithes and offerings to my church. Am I eligible for a tax return?
May 19th, 2023
What percentage do I take out for taxes when claiming 0, and how do I calculate the net pay for an employee with a gross income of $514.50 who claimed 0?
June 9th, 2024