My brother and I have inherited a house from our father in 2016, which is owned by a living trust. We want to continue benefiting from Proposition 13 in Santa Clara County, CA. What are the rules regarding living trust ownership for Prop 13 benefits? If we transfer the title from the trust to our personal names, can we still benefit from Prop 13? What is the best way to handle this process, and can we claim property tax deductions on our individual tax returns?

December 21st, 2024

I was a pastor during 2005 and 2006 and filed for both years claiming the 4361 form, which states I do not have to pay self-employed tax. However, I never received approval from the IRS for this form. How much trouble can I get in for incorrectly filing two years in a row, and is there any way to fix this?

November 9th, 2024

Do I need to send separate 1099-MISC forms to the state agencies where my out-of-state independent contractors are based, and if so, what are the names and addresses of these agencies, and what are the deadlines for sending these forms?

January 25th, 2023

I live in South Carolina and receive SSDI of $23,000 annually. If I sell my primary residence and have a capital gain of $100,000, will it affect my SSDI benefits? I have no other income and am single.

January 3rd, 2024

I need help filling out my W-2 for one of my employees, specifically boxes 16, 18, and 19. I am in California and have the total amount earned before taxes as $6019.95. What amounts should go in these boxes?

April 4th, 2024