Unanswered Tax Questions

Questions Asked by Users That Have Not Recieved a CPA Response.

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Personal Taxes

EV Tax Credit

Asked onThursday, June 08, 2023 by Sawyer

Hi, I have a question about the EV tax credit in the inflation reduction act. Starting in 2024, the $7,500 EV credit is supposed to turn into a point of sale rebate. If i don't have $7.5k in taxes for 2024, will I still be able to use the whole amount, or will I only be able to use what I have in taxes?


Investment and Finance

Powerbank franchising

Asked onWednesday, June 07, 2023 by Coen

I am franchising powerbanks and want to know how I will be taxed on the dividends


Tax Forms

Do I need to pay personal property tax in DC if I run my small business out of my rental apartment?

Asked onWednesday, June 07, 2023 by Camille

I'm filing out the FR-500 to register my LLC in Washington, DC. The form is asking if I will own or hold trust any tangible personal property located or available for use in DC? It says I have to answer yes if my physical address is in the district. My apartment is my business address but I'm wondering if this applies to people who rent?


Investment and Finance

Log term capital gains

Asked onWednesday, June 07, 2023 by Ley

what is my capital gains tax for long term stock sales and how can i offset any of these gains? I have an scorp.


Personal Taxes

Work

Asked onWednesday, June 07, 2023 by Stephanie

I was offered job at 40 hr 12.00 taxable and 28.00 stipend it's for temp service. Would I have pay on taxes


Personal Taxes

Annunities paid on death of parent /Savings Bonds

Asked onWednesday, June 07, 2023 by ROBERT

How will I be taxed on the income I am receiving from 2 different annuities that have been passed on to me from my mother's death? I also revived 2 10K savings bonds POD that have matured years ago. What taxes will I be responsible for in 2023?


Miscellaneous

gifted equity tax

Asked onWednesday, June 07, 2023 by john

I am selling a rental property to my son. there will be some gifted equity and I am trying to estimate the tax consequences.


Family Issues

Selling home/trust

Asked onTuesday, June 06, 2023 by Eric

Parents deceased home was in a trust! Sold house have net proceeds from sale of house? Are there any taxes that I will have to pay on that (I’m the trustee)?


Deductions and Write-Offs

I must include the Solar Installation on my Tax Return, but I have not had to file in over 5 years...I'm 73

Asked onTuesday, June 06, 2023 by Barry

How can I prevent the monthly deduction for the Solar from not going up If I don't file?????