asked
Is there any form or paperwork needed to be submitted to the IRS to declare money sent to the US by family in India?
January 25th, 2023
I was about to finish my tax files when I lost my file. I can't find it. Can you please help me? My computer is a Gateway and several years old but has been kept in very good condition. I have never had a problem like this. The file was just not available when I wanted it. Is there a way they can look and find my file? I have been working on it for about two weeks and was ready to finish, but I can't.
December 3rd, 2023
I sold my home and bought another, but the IRS is saying I owe tax on the full sales amount. Is that correct? I made a mistake and failed to record the sale of my home in my 2016 taxes. They said I owe taxes on the full amount, but I had to pay off equity and bought a new home. So that does not seem right.
June 22nd, 2023
My friend's family in India would like to send $50k-$60k to her account. Is it possible for them to send through a bank, does she need to pay any taxes for it, and is there any paperwork involved to declare this amount?
April 10th, 2024
I make oil royalties off of property in Oklahoma, but I reside in California and do not spend any time in Oklahoma. Am I required to pay income taxes in both Oklahoma and California for oil royalties, and is this considered double taxation?
October 20th, 2024
I received a 1099 R for an irrevocable trust. Do I need to file a separate tax return for the trust, and if so, what form should I use?
November 23rd, 2024