asked
We have a small farm and have previously itemized deductions and filed Schedule F. This year, it would be more advantageous for us to take the standard deduction instead of itemizing. Can we do that?
May 18th, 2024
My small business filed amended W2s for our employees and there are taxes due on them. Since our vendors are not paying us, can I get ADP to file a request to the IRS for a payment plan, or do I have to do that myself? Additionally, I need to file a 941x along with corrected W2s for the 4th quarter of 2017. Where do I start?
April 26th, 2023
I withdrew money from my 401k and used it as a deposit on my primary residence. Are any early withdrawal penalties waived for that purpose?
October 27th, 2024
I filed jointly with my wife since 2003 and we have two children. This year, she filed married but separately and claimed one child. I am trying to file my taxes married but separately and need to know if I can claim both children and then go back and correct hers. How can I project the financial changes and determine if this is the better way to file?
December 5th, 2023
I paid $1,000 in documentary stamp taxes in connection to the sale of my deceased mom's house, which is part of the estate. Should I take the $1,000 deduction on the estate via Schedule D as a closing cost reducing the capital gain, or can I take the deduction on my personal return, possibly on Schedule A?
August 15th, 2023
Can a court order make someone file taxes jointly even if they were legally divorced by the end of the tax year?
March 5th, 2024