My mother refinanced our house in
September 2009 and to qualify for a better rate I cosigned the new loan - now the mortgage statement comes in both of our names. Since I've never owned a piece of property before do I qualify for the First Time Home Buyer Tax Credit?
posted by exhilaration
on Mar 12, 2010 -
6 answers
taxfilter: Can I deduct the annual fees for my managed broker account (non-IRA)? I think this is OK, but Google is just making my eyes cross...
posted by smelvis
on Mar 10, 2010 -
3 answers
2009 online PDF tax forms for the State of Minnesota only let you print, not save, once you have filled them in. Is there a work around so I can retain an electronic record of my taxes?
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posted by werkzeuger
on Feb 26, 2010 -
14 answers
I'm purchasing a new car, and I'm getting conflicting information about what to do with an insurance settlement check I received.
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posted by anonymous
on Feb 26, 2010 -
3 answers
I cashed out some stock options (my employer's stock) and I got a 1099B and W2, 1099B shows gross proceeds of stock sale, W2 includes profits. How does this work?
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posted by smcameron
on Feb 24, 2010 -
10 answers
Tax Withholding - Question regarding rights, responsibilities, and dealing with incorrect IRS Tax Withholding at a job.
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posted by SirStan
on Feb 9, 2010 -
9 answers
Why do I owe Maryland $400+ in taxes when I made less than $16,000 last year
and moved to New Jersey mid-way through the year? Do states tax you on income you made in other states? Generic tax advice appreciated.
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posted by schroedinger
on Feb 8, 2010 -
11 answers
Should I use the newest revised version of form 1040X to amend my 2008 taxes, or is the previous version okay?
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posted by supramarginal
on Feb 3, 2010 -
2 answers
Looking for a recommendation for a good CPA or accountant in the DC, NoVA, or Southern Maryland area to field a set of somewhat-complicated questions about taxes. (Read: H&R Block is not going to cut it here.) The problem? All my close friends use TurboTax, and I'm reluctant to mass e-mail my entire contact list for recommendations, since I think the type of CPA (or accountant--is there a difference?) might matter in this situation and figuring out what flavor I need means disclosing more personal financial details than I'm comfortable with.
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posted by anonymous
on Feb 3, 2010 -
2 answers
[TaxFilter]: I will only be working half of 2010 and want to adjust my Federal and State/City (NYC) withholding appropriately. Help!
YANMAccountant, YANMLawyer, YANM*
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posted by anonymous
on Feb 2, 2010 -
3 answers
[UK-tax-filter]. I'm a resident of UK, though not a national of UK, EU or US. I work and pay taxes in the UK. Is it legal for me to transfer my money to a savings account in another country and hence avoiding the tax on the income from saving accounts? If it is not legal, how would the HMRC ever find out anyway?
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posted by moiraine
on Feb 1, 2010 -
5 answers
We formed a LLC. We bought a piece of equipment for the LLC. Why can't we write off the entire cost of the equipment on our 1065?
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posted by cheap paper
on Feb 1, 2010 -
8 answers
Responsible Adult Filter: In the last year I've bought a condo, gotten engaged, and received a small inheritance. While I've used TurboTax to file in the past, I think I'm in a little over my head now. Does anyone know a trustworthy, reasonably priced accountant in Chicago who is still accepting new clients?
posted by Oktober
on Jan 26, 2010 -
6 answers
How do I log the use of a personal credit card for my business so as not to confuse the heck out of my accountant, come tax time? (Canada)
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posted by Imperfect
on Jan 21, 2010 -
13 answers
When I was younger, my parents bought me several shares in Disney. I'd like to sell that stock now. What do I have to do to do so, and what taxes, etc. might I incur on it?
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posted by Mali
on Jan 20, 2010 -
14 answers
Recently started a small business. Meeting a few prospective accountants. What questions should I ask?
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posted by jeff1010
on Jan 19, 2010 -
4 answers
If a company registered in Gibraltar is employing people in the UK, to whom is PAYE income tax paid to?
Longish story follows...
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posted by anonymous
on Dec 16, 2009 -
3 answers
My wife's from the USA and she got this on a mailing list she reads. I know nothing about US tax law or benefits. Is it a scam, or is Uncle Sam just waiting to shovel buckets o'cash into my pockets?
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posted by Joe in Australia
on Nov 26, 2009 -
10 answers
What are the (unintended) advantages to Britain of having a tax year that starts in April?
posted by devnull
on Nov 19, 2009 -
7 answers
Tax Filter: What is it considered to the IRS if you give a co-worker (a subordinate but not really your employee) a bonus/gift out-of-your-own-personal pocket?
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posted by texas_blissful
on Nov 5, 2009 -
8 answers
When I bought my car from out of state, the dealer never collected sales tax. Now I moved to that state and the state wants to collect! Help!
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posted by Tu13es
on Oct 13, 2009 -
10 answers
I started a new job this week after over a year collecting unemployment. I got my last unemployment check the wednesday of my first week of work. Then on Friday, I got paid.
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posted by josher71
on Oct 4, 2009 -
9 answers
SweepstakesFilter: My wife (a Canadian like myself) recently won a large number of travel rewards points from an American chain of hotels. Help us determine if the prize is worth keeping considering what we'll have to pay in taxes to the IRS.
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posted by stungeye
on Sep 25, 2009 -
6 answers
I would like to know if I took a bank loan in another country and had the money wired to me here in the US, around 160K, if the IRS would tax that amount. I called them and apparently they didn't know because they could not answer the question. I will have to pay back that loan so i would imagine that the amount wouldn't be taxed here (as long as i prove to the IRS that i got the loan).
posted by Giovanna123
on Sep 3, 2009 -
6 answers
Property Tax filter: In August I bought a house in King County WA. The county's assessment of the property is very high. I would like to appeal for a review of the assessment. The desired result is a lower tax bill. I would be grateful for any strategy or advice.
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posted by anonymous
on Sep 1, 2009 -
7 answers
Can I get the Federal Tax Credits for Energy Efficiency if I am buying the house right now, and the current homeowner is replacing the furnace for me?
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posted by dpollitt
on Sep 1, 2009 -
4 answers
Can my accountant legally call the IRS and have my refund held up because he says he was not paid for his work, and/or he says there is a dispute on the return based on problesm I have had the last two years on my return?
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posted by TwilightKid
on Aug 31, 2009 -
12 answers
Greetings all! My brother, two sisters, and I formed an LLC to administer the ownership of my mom's house when she died. Each of us is has a 25% partnership interest. The LLC was formed in 2005. Well, it turns out my brother has tax debts to the IRS dating back to 2002, and now the IRS wants to put mom's house on the auction block.
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posted by luciosilla
on Aug 26, 2009 -
46 answers
Should the dealer have dealt with "Use Tax" when I bought my new car in the same state I live?
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posted by cmm
on Aug 19, 2009 -
8 answers
We live in the state of Alabama. My son is 18 and a full time college student. He is starting a part time job to help with school. He will be making minimum wage and will work 20 or so hours per week. We are filling out his paperwork and came across the "Alabama Dept. of Revenue Employee's Withholding Exemption Certificate"
http://www.ador.state.al.us/Withholding/FA4(01_07).pdf
Would this apply to my son or do we leave it blank?
posted by Kam1761
on Aug 14, 2009 -
2 answers
Help me with my nonprofit's accounting and audit practices. Just looking for some general tips on (1) learning the basics on accounting; (2) learning how to prepare audits most efficiently; and (3) bonus points for help on the more stringent 2008 IRS filing requirements for nonprofits.
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posted by johnasdf
on Aug 5, 2009 -
4 answers
As a Canadian, how do I recover gambling tax withholding from winnings at Las Vegas casinos?
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posted by albertagirl
on Aug 5, 2009 -
8 answers
