What is the tax on buying a home in the USA with money from a Chinese bank?

July 15th, 2024

I made two mistakes when filing my 8843 form along with my tax return. 1. I filed 8843 under "Teachers and Trainees" but I think I should have done it under "Students". 2. I forgot to fill in my Country of Tax residence, passport number of citizenship. Is there a way to send a corrected 8843? Many thanks!

May 20th, 2024

As an over-the-road truck driver, I spent 317 days away from home, with 240 days before September 30 and 77 days after October 1. I also had 21 arrival/departure days before September 30 and 11 after October 1. Am I allowed any per diem deductions, and how do I report it on my tax return?

May 2nd, 2024

I am the executrix of Gertrude Hannibal's estate. I need to file for an extension to file her 2014 tax return but do not have the details to file accurately. Should I use Form 706 and 4868? Her estate is worth a bit over $250,000. Do I need to send money with the form or can I opt not to at this time? Additionally, how should I handle the name on the extension application—should I use the estate's name or Gertrude's name?

December 8th, 2023

My husband suddenly decided to file taxes separately after 15 years of filing jointly. He claims he will claim the mortgage interest and the kids as dependents. I filed separately as well, claiming the kids. What happens if we both claim the kids and the mortgage interest? Does the IRS care about this unilateral switch? Does the law protect me if he wants to claim all possible deductions and leave me with nothing? I feel at a disadvantage and distraught as this will severely impact my ability to provide for the kids.

July 25th, 2024