asked
My ex-partner and I owned a home together. We paid 350k for it, but when we separated, we owed 220k, and the value had dropped to 200k. I signed a quit claim deed and had my name removed from the mortgage. What are the tax implications for each of us?
May 30th, 2023
I work for a company from my home in California, Los Angeles. How much taxes do I pay for making $440.00 a week? I hold back my own taxes.
December 21st, 2024
Would a company that provides engineering and construction services charge sales tax to a telecommunications company that is regulated by the Georgia Public Service Commission? Are those types of telecom companies tax exempt?
October 21st, 2023
I need to get a copy of a previously filed tax return to apply for financial aid for school. What are my options and how can I obtain these documents?
September 24th, 2023
Where do I enter college tuition, fees, and books on tax form 8683, and what line should I enter the information on?
February 16th, 2024
My wife was an employee with the New York Times and they are abolishing their pension program. She paid into the pension and is due a settlement. If she gets a check for the settlement amount, can we split this money in half and equally distribute it into both her and my Money Market IRAs to serve as our annual contributions? If so, will she incur a tax penalty for depositing half her money into my IRA or will there be no penalty because it was distributed into investments?
July 30th, 2023