Unanswered Tax Questions
CPAs - answer tax questions, and introduce your practice to potential tax clients.
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Class action distribution deposit
I will be receiving a distribution from a class action settlement for a stock I own in my Roth IRA. Can I deposit that distribution back into my Roth IRA, if so how do I account for that deposit in my tax return filing?
Asked Wednesday, May 03, 2023 by Gordon T.Sign in to Answer
Tax Implications
I am considering seeking a home I recently moved out of in Nassau county NY. We currently line in NC. How do I avoid major tax implications?
Asked Wednesday, May 03, 2023 by Precious S.Sign in to Answer
1099
IF MY EMPLOYER IS PAYING ME CHECKS DO I HAVE TO PAY A 1099 AT END OF YEAR.??
Asked Wednesday, May 03, 2023 by Jason R.Sign in to Answer
Mail disruption delayed tax payment.
My wife and I filed taxes jointly and mailed our returns out. The envelope for one of our returns was returned because it was taped closed instead of using the normal adhesive. Is it possible to avoid a penalty from delay if we prove that we sent the mail originally before the deadline?
Asked Wednesday, May 03, 2023 by Alexander M.Sign in to Answer
Need two submit two years of Form 709-gift tax
Parent needs to submit 2 years worth of Form 709, gift tax. First time submitting and amount less than $300,000 each year. Should they submit both at same time, or older one first, then more recent one?
Asked Wednesday, May 03, 2023 by Kristin H.Sign in to Answer
Claiming dependents
Need to know if I should claim dependents on my tax form or not
Asked Wednesday, May 03, 2023 by Brandon S.Sign in to Answer
Profit and loss statement
Do I need a profit and loss statement if I work under a business as self employed?
Asked Wednesday, May 03, 2023 by Victoria B.Sign in to Answer
Lower
To anyone how can one lower there taxes
Asked Wednesday, May 03, 2023 by David c.Sign in to Answer
Help with tax forms
Assistance with forms: F-56, 1041, Schedule K-1, 2848 and get forms stamped or certified.
Asked Tuesday, May 02, 2023 by LEMUEL H.Sign in to Answer
Handyman bussiness in california
Is it true that in California handyman cannot collect more than $500 for project? Or 120000 a year?
Asked Tuesday, May 02, 2023 by JOSHUA G.Sign in to Answer