I can't file my 2020 tax returns because my Adjusted Gross Income (AGI) doesn't match the IRS records, as they haven't processed my 2019 returns yet. How can I resolve this issue and what are my options for filing my 2020 taxes?
September 13th, 2023
I am a survivor of a wildfire that destroyed my town. I lost all my personal possessions and experienced emotional distress due to the fire and its aftermath. PG&E, found at fault, is issuing payments through a trust for my losses. I am concerned about how these payments will be reported on a 1099-MISC for IRS purposes. There will be amounts for taxable emotional distress/nuisance and non-taxable reimbursement for personal property destroyed. How should I ensure the 1099-MISC is filled out correctly to avoid IRS issues, and can I provide a breakdown if Box 3 shows a total that includes both taxable and non-taxable amounts?
March 29th, 2024
How can I get copies of my 2017, 2018, 2019, and 2020 W-2 forms?
November 20th, 2023
I filed my taxes for the first time to satisfy a requirement at EDD to prove my 2019 income. I have several questions: 1. Is it normal for the state to repay almost all of the taxes due for Federal? 2. Will I be penalized for filing late for 2019? 3. EDD wants my IRS return 1040 C; should I send all 1040 forms or just the marked 1040 C? 4. If I accidentally attached two 1040 C forms, can I leave it as is? 5. Should I send forms 4797 and 4562 to EDD? 6. Do I need to attach a spreadsheet accounting for my income and expenses? 7. Should I mail both state and federal returns to the same address in California? 8. Should I include the confirmation number from paying Federal Taxes online on my forms?
May 9th, 2024
I need to give my wife most of my 401k savings in a divorce. How much taxes will she have to pay on this? I live in Kansas.
July 1st, 2024
Can you transfer an auto loan after a year, either to another person or a new lender?
October 4th, 2024
I am a US citizen working for a German company but living in the US. I get paid in Euros deposited to a German bank account and transfer those funds to the states. I don't pay taxes since I live in the U.S. but I am required to pay taxes in the US. How do I declare my income and do I pay taxes to the state of CA as well?
April 28th, 2024
I sold my Apple stock last week, resulting in a long-term capital gain of about $150,000. I have no other income this year and will take the standard deduction. My questions are: 1) By what date must I pay the capital gains tax to avoid penalties and interest? 2) How do I pay the capital gains tax? 3) What is the approximate amount of tax I owe?
January 4th, 2023
Can the third-party withholding unit at the Michigan State Department of Treasury take my federal income tax or just my state taxes?
April 26th, 2024
What are the estimated costs for FICA, FLI, SUI/SDI, Workers Compensation, and Group Medical for three staff members working on a grant, given their salaries and percentage of time dedicated to the grant?
May 1st, 2024