asked
On Form 1065 Schedule B, question 16: Does the partnership have any foreign partners? If 'Yes,' enter the number of Forms 8805, Foreign Partner’s Information Statement of Section 1446 Withholding Tax, filed for. Since I am a foreign partner, how should I answer this question if my LLC didn't make any revenue in 2017?
October 17th, 2023
My husband died on March 17, 2018. He died while on SS Disability with no life insurance or assets. Do I need to file his taxes for 2017? I don’t know what would be important. He was hospitalized for four months before passing. My SSDI 1099 said I do not need to file taxes for myself, but we usually filed jointly.
March 18th, 2023
We sold our home in 2017 in New York and moved to Florida. How do I report the sale, and do I have to report it? Our income has been so low that we have not been required to file in recent years.
May 31st, 2023
I have a second home in SC that I extensively renovated in 2016 to prepare it for rental. I rolled over a credit of $10,000+ to my 2017 taxes, but only rented it a couple of times in 2017 to family. Now, I am planning to sell it for a profit. Should I report it as no longer a rental on my 2017 taxes, or would it be better to keep it as a rental for 2017 and handle it in my 2018 taxes under the new tax laws? Additionally, will I have to pay large capital gains on the profit, and can I deduct the renovation expenses from 2016? How will depreciation affect my taxes since I only bought the property in September 2016 and listed it as a rental for that year?
July 4th, 2024
I am due a refund of $57,000 for overpayment in 2016. My name is ***** ***** Hull, and my address is 270 Sabal Palm Terrace, Boca Raton, FL 33432. I am reluctant to provide my social security number. What steps can I take to check the status of my refund and ensure it is processed?
July 4th, 2023
For a single tax filer in NJ, should I take the standard deduction or itemize deductions if my Schedule A deductions amount to approximately $6,000 in donations and $9,100 in property taxes, and how should I report the interest received from the NJ Prepaid Funeral Trust Fund and the Fiduciary Fee Paid?
April 27th, 2023