asked
Is it legal to deduct the monthly premium fees I paid for Veterans Group Life Insurance (VGLI) throughout the year on my Tax Year 2017 return?
July 4th, 2023
I retired from federal civil service in 2013 and live in California. Last year, I was part of a reserve voluntary recall to help my agency clear a backlog. The offer was up to two years but in 6-month increments. I worked from January to October in Virginia, renting a furnished apartment, and received no reimbursement for moving or housing, just a salary. Can I deduct the rent I paid in Virginia for the ten months I worked prior to returning to California? Additionally, I have a small business and use my home office all year. While on this temporary duty, I continued with the business and the office in my home in San Diego was used by my assistant. Can I still deduct the home office expenses?
April 3rd, 2024
We closed out a UTMA account and rolled over the proceeds to an educational trust, and the IRS wants our granddaughter to file a Schedule D with her return, but we do not know how to file it and show that the proceeds were never received by her. What steps should we take to report this correctly and satisfy the IRS?
April 13th, 2024
I haven't filed my taxes for the past 5 years due to personal problems. I haven't heard from the IRS about not filing. Should I just file this year and ignore the previous years until I hear from the IRS?
May 22nd, 2023
How do I report the loss of a stock due to bankruptcy as a sale without proceeds?
August 12th, 2024
Can I list my 34-year-old daughter as a dependent if she is my qualifying person when I file as head of household, and she files as head of household with her daughter as her dependent? They both reside in my home all year, and my granddaughter is on my health insurance policy.
October 12th, 2024