My 2018 tax return was completed and mailed to the IRS on July 31, 2023. I have not received my refund yet. Is there a problem with my return?

August 20th, 2023

I need financial assistance to help pay for my expensive pills and the people working on it want a copy of my 1099R form from my tax report from last filing. Unfortunately, I'm still repairing my house from a flash flood on July 16, 2023, and I can't locate the form. How can I obtain a copy of my 1099R form?

June 19th, 2024

I contributed $4731.05 in 2020 to my HSA, which exceeds the maximum individual contribution limit of $3550. How do I correct this to avoid penalties?

August 19th, 2023

Can a Community Contribution Company (C3) in British Columbia issue tax-deductible receipts like a charity and offer donors the same tax write-off, and what is the tax treatment for donations and gifts received by a limited liability company in Canada?

December 18th, 2023

I got divorced this year and sold my house for $440,000 over the purchase price. As part of my divorce settlement, I had to pay my ex-wife half the proceeds received for the sale of the house. I owned the house before I married my ex-wife, so the title was only in my name. I will be filing my taxes this year as a single person, so my capital gains tax exemption is only $250,000. When the house sold, my ex-wife was paid directly by the real estate company handling the sale, as was I. So, I only received $220,000 of the $440,000 appreciation. Since I can only claim a $250,000 exemption as a single person, there is $190,000 profit that I appear responsible for. Is there a way to take into account that I actually only received $220,000 of the appreciation, not $440,000?

July 25th, 2024