We renovated our home last year and could not locate our tax returns for 2017, which prevented us from filing our 2018 return. We did not file for an extension. Will there be a penalty for not asking for an extension, and can we get a copy of our 2017 submission to use for our 2018 return and to prepare for our 2019 taxes?
August 22nd, 2023
If I made approximately $2500 helping friends (e.g., fixing computers or building websites) and lost all receipts or expenses for any deductions, would I just pay taxes on the $2500? Additionally, is roommate income where you share expenses considered taxable income?
June 28th, 2023
Do I qualify for the recovery rebate payment for the third stimulus check for 2021? I am 68 years old, retired for over 8 years, and do not file income tax anymore. I have no minor dependents.
December 5th, 2023
I have contacted the IRS about someone using my identity on their taxes without my permission. I submitted my identity to them but haven't heard back about my refund. What can I do now?
January 19th, 2024
How come I haven't received anything about my taxes? I filed my taxes in the beginning of February and have been checking the status, which has remained the same since March. How long will it take for my tax refund to arrive?
October 22nd, 2023
I have Bitcoin, Ethereum, and other cryptocurrencies in Coinbase. Coinbase's financial health is questionable. If I liquidate to place with another custodian (like Fidelity and Etrade) and immediately reacquire the positions I had with Coinbase, will I have to pay taxes? This is due to a solvency issue, not because I want or need to liquidate.
October 28th, 2024
I am retired and considering buying a house in the Portland, OR area. I spend 7 months in Florida, which is my domicile (voting, drivers license, car registration). I have SS income, pension, and investment income. I want to avoid triggering Oregon taxes. Should I stay in Vancouver, WA or move to Portland, OR?
September 24th, 2023
When I filed my taxes with TurboTax in February, my refund was $5,155. However, I received a CP12 notice in March 2022 indicating several errors and a change in my tax return. I have tried calling the IRS but could not reach anyone. Additionally, I was charged $50 for speaking with a tax professional, which I was not informed about. What should I do about the notice and the unexpected charge?
August 12th, 2023
What tax forms do I file as a single-member LLC that is owned by a foreign corporation?
July 15th, 2024
I am looking for a Tax professional for my tax return. I do my tax return by TurboTax before and now I want to hire a Tax professional to do my tax in the future. Online service is the best. Reference please!
July 23rd, 2023