Unanswered Tax Questions

Tax Forms

Filling out w-4p

Widow since 9-2020, annuity income from father, pension income from late spouse, work full time. How to fill out form to get most taxes taken out so I don’t have to pay during tax time.

Bookkeeping & Write-up

Hi. We are a very small 501c3 in NY. We conduct music events. I have an international artist visiting and performing and need to remunerate her for music services for $1200. What tax paper work is required and how to transfer the payment to artist?

Hi. We are a very small 501c3 in NY. We conduct music events. I have an international artist visiting and performing and need to remunerate her for music services for $1200. What tax paper work is required and how to transfer the payment to artist?

Home Ownership

Will she pay a gift tax?

My wife’s grandmother is buying a house with us and will be providing the $100,000 down payment but will not be on the loan - just the title. Will she be required to pay a gift tax on this even though she is moving in with us?

Personal Taxes

Never filed before

Son worked in 2021 and 2022 and father never had him file taxes what does he need to do?

Small Business

Do I Charge G.E.T on my invoices

In the Long Beach area GET is 10.25%. I am self employed and charge for inspection services to businesses throughout the Southern California region. When I charge for my services do I include the GET from where I am based on my invoice?

Education

Tax deduction for foreign University with no EIN number

My daughter is attending a University in the United Kingdom at a school that does participate in the U.S. FAFSA program. The school does not have a U.S. EIN number and for the 2022 tax year the IRS is saying they will not allow any tax deductions for education expenses because there is no EIN number. Is this correct? For tax years 2020 and 2021 she attended the same school and the IRS allowed the deduction without an EIN number. Did something change for 2022?

Personal Taxes

Can your employer tax you same amount of your earnings

Can my employer tax me the exact amount of my earnings. I’m a waitress in Michigan

Deductions and Write-Offs

Section 179

I just started a business. The truck I use for deliveries is breaking down. How do I purchase another vehicle for the business?

Home Ownership

Capital gains tax

In my divorce we agreed to sell home. We will clear 165000 after we pay off mortgage and HELOC loan. Do we have to pay capital gains tax on this?

Personal Taxes

I am trying to file tax return