User Submitted Tax Questions
Read Questions Asked by Users and the Answers Provided by CPAs.
View All Tax QuestionsNon homestead residential 4bb mortgage
Is my garage condo mortgage tax deductible? It’s a residential property including loft, bathroom with shower
Asked onSunday, April 09, 2023 by ScottCPAs - Sign in to Answer
Amended returns for two years?
My dad is 90. Mom died over two years ago. I’m a son, 51, caring for him and live with him without any pay. I have no income. After mom died, he had to file single, and that caused him to owe thousands of dollars. We did this years taxes already. Can he file amended returns for the last two years and claim me so he could possibly get some of his money back from the IRS?
Asked onSaturday, April 08, 2023 by GregoryCPAs - Sign in to Answer
Depreciation
Purchased lawnmower for $5050 for very small business, not sure which depreciation option to choose and how those various options it will effect next year's taxes....
Asked onSaturday, April 08, 2023 by LaTishaCPAs - Sign in to Answer
Taxes when wife left
How should I do my back tax from prior year when my ex wife left and said she did them.
Asked onSaturday, April 08, 2023 by ScottCPAs - Sign in to Answer
Need to know what Massachusetts tax forms I need to fill out for my aunt who died on 3/12/22
My Aunt passed away on 3/22/22 with less than 1M in assets. I am the court appointed Personal Representative for her Estate (no Trust). She only has a checking/savings/brokerage account which continue to receive Interest/dividends/cap gains. No assets have been distributed to her sole beneficiary (who is not a Massachusetts resident) yet. I want to file based on 2022 calendar year but am confused as to whether I do form 1, form 2 or both and what dates each should cover.
Asked onSaturday, April 08, 2023 by RonaldCPAs - Sign in to Answer
Reimbursed
Hello. I am trying to find out how I get reimbursed for taxes taken from my paychecks that weren't supposed to be taken. I live in Georgia and work from home. The company is in North Carolina, but I have never lived there. North Carolina took taxes from my paycheck when they shouldn't have. How do I get reimbursed for that?
Asked onSaturday, April 08, 2023 by CharlynnCPAs - Sign in to Answer
Business made zero revenue. Being asked to pay sales tax
Hi, I filed my LLC but did not make profit this year. I received a letter saying I owe taxes for sales tax but I don’t know if that is correct. I understand I need to send in a quarterly tax return, but I didn’t make any revenue since filing an LLC. So what do I need to do from here?
Asked onSaturday, April 08, 2023 by SofiaCPAs - Sign in to Answer
Reporting caregiver compensation payed by parents
I did not have an employer in 2022. My parents payed me monthly compensation as a caregiver, my father was sick/died and mom also needs help. I want to report this as income and pay taxes including SS tax in order to remain "insured" for SS disability etc. How do I report this and does something need to show in my parents' tax filing regarding these payments?
Asked onSaturday, April 08, 2023 by DanCPAs - Sign in to Answer
Arizona Amended Tax
I had to amend my Arizona taxes after my refund was already received. How do I pay what I owe?
Asked onFriday, April 07, 2023 by CathyCPAs - Sign in to Answer
Cap Gains distribution > change in income!?!
Is this right??? Say I get $100 capital gains distribution; then my taxable income increases more than $100... it increases by $185?! 1. First impact is $100 taxed as ordinary dividends. 2. Second impact is $85 increase in Social Security Benefits being taxable. So $100 in capital gains distribution creates $185 increase in taxable income? I've gotta be missing something here?!?
Asked onFriday, April 07, 2023 by DonaldCPAs - Sign in to Answer