asked
Our employer contributed $600 to our HSA in 2023, but we later realized we were ineligible due to Medicaid. We corrected the contributions and withdrawals with correction forms. What are the tax implications and procedures for filing once we receive the refund, and what are the tax implications of the employer's donation? We haven't filed our taxes yet, so our portion shouldn't have an excise tax, but we're unsure of the employer's donation tax implications and how they might report it on the W-2. Do we need to get the employer to fix it, or is it their responsibility?
March 18th, 2024
I need a replacement SSA-1099 form. How can I obtain it?
October 1st, 2024
Need a duplicate copy of my wife's SSA-1099 for this year as she did not receive one. I am working on our taxes myself and have my own copy, but need hers.
February 15th, 2024
TP is a very minor, less than 1% limited partner in a domestic partnership which is a foreign partnership. In 2019, he contributed more than $100,000, potentially triggering an 8865 Category 3 filing requirement. The IRS instructions state that if a domestic partnership contributes property to a foreign partnership, the domestic partnership's partners are considered to have transferred a proportionate share of the contributed property to the foreign partnership. However, if the domestic partnership files Form 8865 and properly reports all the required information with respect to the contribution, its partners will not be required to report the transfer. There is no way to confirm if the domestic partnership has filed and reported all required information. Is the most conservative approach to prepare the 8865 as a Category 3 filer, or is there a further exception for a less than 10% partner despite a contribution of more than $100,000?
February 17th, 2024
I am making automatic payments on the first of every month for $305. I would like to know if I can skip my next payment due to financial hardship, or if you can provide me with a number to call for assistance.
May 18th, 2024
I am on an H1B visa status and have rented a 4-bedroom house. If I decide to sublease two bedrooms out, do I need to report the sublease income on my tax?
February 5th, 2023