asked
Under the Affordable Care Act (ACA), if my adjusted gross income (AGI) for 2013 is $21,591 for a family of five, which is below the Federal Poverty Level (FPL) of $27,570, and my children have coverage under Medicaid/CHIP, would my husband and I be exempt from the ACA penalty if we decide not to get health insurance coverage? How would I apply for this exemption, and are there any additional requirements to fulfill the 'hardship requirement'?
March 26th, 2024
I live in Pennsylvania but worked in New Jersey and retired from my job in April 2014. Is my New Jersey pension subject to Pennsylvania state tax?
February 17th, 2024
I am a non-US seller from Bulgaria, selling home appliance products on Amazon through dropshipping. I filled out a W8-BEN document and made around $31,000 in sales in 2014. Will Amazon send me a tax report or to my country's tax office or to the IRS? What should I do for tax reporting?
January 13th, 2023
I'm transferring money from Istanbul, Turkey to Decatur, Illinois. This requires my non-residential tax code. What is my non-residential tax code?
June 1st, 2024
I rent an office space in Manhattan, NYC, for the past 7 years, and I am wondering why a rentor would pay property taxes. I thought the owner paid the property taxes. Do I have to pay property taxes as a rentor?
July 10th, 2023
If a trust does not have the funds to reimburse the trustee for expenses incurred, can the trustee deduct these expenses on their personal tax return?
November 17th, 2024