IRS has rejected our TurboTax efile citing no W2s. My husband and I are both retired and have had no taxable income from jobs since January 2016. How do we fix this?
October 29th, 2023
I helped a friend finance his primary residence a few years ago. He just sold the property and passed some of the gains on to me as a thank you. Do I need to declare this as taxable income?
May 20th, 2023
My bank told me that if I'm collecting monies for our high school reunion, I must get an EIN assigned to our group. Where do I start?
June 1st, 2024
What does 'add my state return' mean when filing taxes on the Jackson Hewitt website, and should I add it if I live in Texas?
December 31st, 2023
I am not a US citizen or green card holder. I was in the US on a student visa (F1) for the entirety of 2012 and 2013. In 2014, I was enrolled in a US university but was not physically in the US. My F1 status ended in 2014, and I had a physical presence of 0 days in the US that year. Do I fail the Substantial Presence Test for tax purposes in 2014, and is there a provision to count days physically present outside the US as days in the US?
July 7th, 2024
My wife, who is from Singapore and has US citizenship, is set to receive approximately US$200,000 from her share of her late uncle's estate in Singapore. What taxes, if any, are due on this inheritance, and how should she bring the money into the US?
September 30th, 2024