received 1099-misc. i earned this income over 8 months while consulting for an american company abroad.any special deductions for me?easy way to deduct daily expenses?advice? [more inside]
Can you write off renovations to your home on your taxes for a home based business if you don't own or rent the residence? [more inside]
If I do freelance work for U.S. companies while residing in a foreign country, is that considered "foreign earned income for IRS purposes? [more inside]
After dropping my US tax forms in the mail this afternoon, I discovered that I had mis-typed one of my dependent's SSN on the form. Is there a way to correct this now, or do I need to just wait for them to reject the return and then give them the correct SSN & supporting documentation? As far as I know, everything else was correct.
I'm tired of getting screwed over on my taxes. I have two jobs, one of these jobs will not take taxes out with each paycheck. How do I arrange my other job to take more out to cover this? [more inside]
I need the EIN from a 1099-G from The Massachusetts Department of Unemployment Assistance. Does anyone know where to find this? [more inside]
Looking for some tax help ! We refinanced a mortgage last April, going from a traditional bank to a savings & loan. During the process, we also closed the bank line of credit and opened a new one at the S&L. The bank held an escrow, but the S&L does not. My 1099 from the S&L has a modest earned interest amount for the period of April - December, but the bank's 1099 is more than 10x that amount. Is this due to the escrow, or is this a mistake ?
I have a bigger tax bill than I expected, and I'm wavering between putting it all on a credit card and using the IRS installment plan. Have you put your taxes on a credit card? Have you paid through an installment agreement? [more inside]
I need recommendations for a small business accountant in Glendale / Peoria, AZ. [more inside]
Bought a lot at the school charity auction. How do I figure how much to deduct on my taxes? [more inside]
If I've held a stock for ninety days, but te company is bought out in an all cash transaction, do I still have to pay short term capital gains, or do I qualify for different tax treatment?
You are not my accountant, or my tax professional. I am just looking for a little help on how to proceed on our tax returns since purchasing a house. [more inside]
I have a question that I feel stupid asking, but I don't know how more elegantly to put this: what does it *mean* for a corporation to not pay its taxes? What exact taxes are being bailed on? [more inside]
I have never completed a US tax return before I would love some suggestions on things to watch out for, hints and tips or most important of all links to websites with good beginners information for filing your own returns. More info follows. [more inside]
I made a silly mistake on my taxes (US) and am wondering if it will prevent me from getting my refund. [more inside]
SelfEmployedFilter: Can I use an EIN on an independent contractor agreement, instead of my SSN, even as a sole proprietor? [more inside]
We need a tax accountant in the city of Chicago. Recommendations? Referrals? [more inside]
How do I figure out a mutual fund cost basis for tax purposes? [more inside]
I am starting a new job in the state of Virginia next month. How can I calculate how much I will be bringing home after taxes, social security, medicare, health benefits, retirement, etc? [more inside]
I am way short on my estimated quarterly federal taxes this year, am freaking out, and need some honest insight into how much trouble I am in. [more inside]
Help me with my complicated foreign tax situation please! [more inside]
It's tax time and we're having a problem again. Last year when we went to file our taxes electronically, they were rejected due to someone borrowing our daughter's social security number and using it to file taxes. We filed police reports, IRS reports and submitted our taxes by paper. The same problem is occurring this year. What can we do to fix this and prevent from occurring next year. Is there a specific number, agency or method to request help from? The IRS is closed over the weekend, so we'll be calling them this week, how should we go about doing it?
How do I stop paying vehicle excise tax in RI when I haven't lived there in years and I don't even own the car anymore? [more inside]
True or False: If you're supposed to receive a refund from the IRS, but you file an extension and submit it at the very last, the IRS has to pay you the interest that has accrued on your refund, just like you'd have to pay any interest to the IRS if you owed taxes. [more inside]
Can my husband and I file our Federal taxes jointly, and our State taxes separately? [more inside]
I lied about going to college whilst living with my mom. She still doesn't know. It's getting time for her to file taxes, and things could go very wrong. [more inside]
How much does it cost to file state and federal taxes? (Plus one more bonus tax question.) [more inside]
You are not my tax lawyer. My first year freelancing, plus, I got married. Tax help? [more inside]
I'm tired of doing my own taxes, and afraid of hiring another accountant. What is the best/cheapest tax software for a Canadian living in Quebec? I just can't deal with another accountant. I'm tired of being told something will cost 150$ and then get charged 500$ as if they didn't know what they needed to do. I want a tax software that is going to do the weird stuff for me. I don't depend or trust what the box says either! I have some rental income, some contract income, and some salary income. I also have a second (gf) who has simple income.
I'm inheriting $100,000. My parents are inheriting a lot more (around $1mil, but we're not sure the exact amount). Please give us advice. We're in the US (New Mexico). [more inside]
My aging parents want to put their 160 acres (where we all live) in my name. I know nothing about owning property. I am in Oklahoma. What can I expect to have to pay? Are there any other ways this will affect me? YANMEstateL.
Are US tax forms available as formula-based, linked Excel spreadsheets or Google Doc templates or something similar? [more inside]
Can I deduct mileage expenses when working as a part-time independent contractor? [more inside]
I am filing taxes for the first time in 5 years. What can I do to avoid mega-penalties? [more inside]
I need a good software tool to organize all my trips to conventions. [more inside]
It looks like we should file taxes on/for our in-home nanny, but we're not sure where to start learning about all we need to know. We're in California, and our nanny started in January, 2012. More details inside. [more inside]
Can someone give me a quick primer on the MBTA debt crisis? [more inside]
I'm filing my US federal and state tax returns by mail this year. I realized after stamping and sealing one of the envelopes that I mixed up the W-2s, so that the Federal copy (Copy B) is on the state return and vice-versa. Are the names just a formality, or do the Feds really, really need Copy B?
I have been doing my taxes for myself for a long time; late few years have done Turbo Tax on line. Very simple income, not much in the way of deductions, some 401k contributions thru my employer etc. I have never had to pay Federal Income Taxes albeit the refunds have fluctuationed over the years. [more inside]
[US Tax Filter] My daughter does not yet have a social security number. It seems unlikely she is going to get one in time for tax season. How do we file if we don't have her social security number? [more inside]
argh!! nooooooo!! my amazing tax accountant has decided to retire and is leaving me without any referrals. can anyone recommend an awesome tax accountant, bonus points for specializing in working with creatives. [more inside]
I've submitted taxes a few times in the past, but the forms were filled out by a surpassingly generous and competent friend with a lot of free time. This year for the first time I have to do everything myself. Please explain the process to me as if I were the stupidest person in the world. [more inside]
Is my egg donation compensation taxable if I don't receive a 1099 form? Details inside [more inside]
Simple (I hope!) tax question: my only income in Virginia for 2011 was unemployment benefits (~$9k). I now live in CA. Will I need to file a Virginia income tax return? I believe that in VA unemployment benefits are not taxed at the state level... so I shouldn't need to file, no? Thanks!
Should we file taxes separately or jointly? Pay off a chunk of student loans now or pray for forgiveness? Help me identify the interaction of these questions. I'm not good with money! Details inside. [more inside]
I got a large bonus this year which will probably never be repeated. After taxes, it was 26K. I don't have any immediate needs (no medical issues, etc), and I know next to nothing about investing. Given this economy, what should I do with it? Stocks? Bonds? Saving account? IRA? [more inside]
Recently I saw an article online in which a conservative argued that the battle to cut spending was unwinnable and that therefore the conservative strategy should be to raise taxes to the level required to maintain programs, the idea being that this is the only way to convince people that spending cuts are necessary. Help me find this article please.
Document checklist for a recently-married couple? What's crucial to get organized/updated in terms of legal/financial issues? [more inside]
I sometimes hear about someone winning a prize where somehow the taxes due are somehow offset by the giver of the prize. How is that offset calculated? Do they just add money to the prize until the post tax amount would be the same as the intended prize (so say 10% tax on $5,000 prize they end up giving $5,555.56. This involves the additional being taxed iteratively since it is all income to you. Or do they somehow just pay the government the money you would owe on the intended prize amount and the offset doesn't count as income. So for 10% on $5,000 they'd just pay $500. Or a mystery third option?
If I have the option, is it more advantageous for me to close on a house (tax wise) in 2011 or 2012? [more inside]