When changing the filing status from Married Filing Jointly (MFJ) to Married Filing Separately (MFS) on Form 1040X, is it necessary to file two separate 1040X forms, or should only one spouse amend the original return while the other files a new tax return as MFS?

September 21st, 2024

My wife switched jobs in 2018. The job she left had a retirement plan, but the new job did not offer one until 2019. Since she did not have a retirement plan through her employer for half of the year, can we still contribute to her Traditional IRA for 2018? Additionally, I work for a company based in California but am a Washington state employee. I travel to California for three days a month. Do I need to file a California state tax form for the days I worked in California?

August 17th, 2024

For Form 3520, I need to enter more lines than the 3 given in the list in section IV, line 54. Since the last line requires a total, should I fill in the first 3 lines and include the total, and put the rest of the lines on an attached statement, or should I just put 'See attached statement' in the list and only put in the total on the form, with the attached statement having a similar list with all the line items and the total?

March 22nd, 2024

How can we retrieve lost tax information from last year for my son who was married filing jointly with TurboTax, now divorced, and does he have to file married filing separately for 2018?

July 17th, 2023

Can a client use his girlfriend's car for business and claim expenses despite the car being owned by his girlfriend? Additionally, can he deduct telephone bills that are under his girlfriend's name if they are for business purposes?

October 21st, 2024