asked
What verbage should be included with a tax return regarding the safe harbor for the 199A deduction for an owner of rental houses, and does the safe harbor letter need to be physically signed or can it be e-filed with the word 'signed' typed?
August 7th, 2024
I received money from an age discrimination case in California. Part was for wages and part for pain and suffering. Taxes were taken out on the wage compensation, and my attorney received the pain and suffering money, deducting his fees before sending me a check. I also received a 1099 for that amount. Do I have to pay taxes on the pain and suffering money? Are the attorney fees deductible or just not reported on my taxes? I have no medical claims related to the pain and suffering (emotional or physical).
May 27th, 2023
Can a charitable organization from Florida legally raffle a house located in Virginia, where the charity will hold an option to buy the house and then give it as the grand prize of the raffle?
January 4th, 2024
I am a police officer for the City of Pensacola and provided police protection to Gulf Power Company utility workers during Hurricane Michael recovery efforts. Gulf Power sent me a 1099-MISC with $3,600 shown in Block 7 (Nonemployee compensation) and did not take out any taxes. Where do I report this temporary income to avoid self-employment taxes, as I do not own a business and this work is in line with my regular employment?
February 6th, 2023
Is there a statute of limitations on tax fraud in the state of Alabama? Also, what about the statute of limitations on federal government tax fraud?
September 22nd, 2024
I had to file an amendment (1099-DIV came late) and couldn’t file that electronically, so I must mail it in. I imported my 1099-R and the 1099-DIV from ***** ***** into TurboTax. Do I need to mail hard copies of those forms with my amended return?
August 28th, 2023