In Sept 2012, I moved from Texas to NJ and worked with a property manager in Texas to complete a Rental Makeready to convert my home to a rental property. A tenant took occupancy in Jan of 2013. Am I able to deduct makeready expenses from 2012 for a rental property that did not earn until 2013?
July 19th, 2023
I received a settlement on a wrongful death lawsuit. Do I have to pay taxes on this money?
June 5th, 2024
What are the consequences of under-reporting income on my father's 2011 tax return, which is currently in probate, if the error is discovered?
August 25th, 2023
How should my W4 be filled in if I live in NJ, work in New York City, am not married, and have no dependents?
November 1st, 2023
I e-filed my federal tax return with the wrong bank account number on Turbo Tax. What should I do to fix it?
December 10th, 2023
Upon discharge from the army, I was paid severance of approximately $11,000, from which federal tax was withheld. I subsequently received a VA disability payment which was discounted $150 per month until the severance amount was paid. Now, the VA is claiming the difference (the amount paid in tax) until the total is paid in full. Can I refile to claim the amount of tax paid on income I have paid back, and is there a limitation to the amount of time they (VA, DFAS, or IRS) can seek repayment for a mistake they made 8 years ago?
August 19th, 2023