Unanswered Tax Questions
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Paper filing
If I am paper filing with no payment attached , what gets sent with my 1040 form? If it is my W2s what is the proper way to attach them?
Asked Friday, March 17, 2023 by Nailah W.Sign in to Answer
MT state income tax issue
My wife and I live and work in TX, which has no state income tax. I worked part of the year in MT, and earned roughly $15,000 there. I didn't file a state return through my usual software because it wanted me to use my full joint federal income as my MT taxable income. I believe only the $15,000 I made in MT is taxable, but I see nowhere to file this unless I do it my self and mail it in and even then I can't find a clear answer as to what the actual MT taxable income is. I don't want to file myself and be wrong.
Asked Friday, March 17, 2023 by Austin D.Sign in to Answer
Oklahoma standard deduction for people 65 and older
What is the oklahoma tax standard deduction for people 65 and older
Asked Friday, March 17, 2023 by Mike F.Sign in to Answer
Capital Loss Carryover
Lets say i have 40k loss to carryover. What could I fully cover with the 40k, what is covered by the 3k cap? Ignore all other deductions.
Asked Friday, March 17, 2023 by Andrew K.Sign in to Answer
Hsa contributions within 6 month setback of medicare
What is the penalty for making contributions to the hsa within the 6 month Medicare setback period
Asked Friday, March 17, 2023 by Lora B.Sign in to Answer
home sale tax exclusion for 2 individuals, not married
bought home in FL on 6/28/2019 for $204,000 with my significant other, we file our taxes separately, not married. we own the home together under joint tenancy rights of survivorship. she immediately moved to the home, i stayed with my sister in PA off and on to help care for my ill father, coming to the house as much as i could about every other month. i finally came to the house to stay and changed my driver license to florida from pa on 6-20-2021 after dad passed away. we sold the house on 6-24-2022 for 420,000. the 1099s was issued to my partner for the entire sale price. i did not receive a 1099s. hoping to file it all under her return, since the profit is under 250k and that's the limit per individual. but since we are not married, i'm not sure. if we do file it all on her return, do i just not report it on my return? thank you
Asked Friday, March 17, 2023 by Tammy C.Sign in to Answer
State government pension early withdrawal due to a disability
I was heavily taxed when I cashed out my state pension around 11/2018 as a result of a disability. I had to resign after 22 years of service and then I immediately applied for social security disability. I new the disability process was going to be quite long and tedious so without any other viable option I withdrew my state pension to live on (cover my basic needs such as shelter) until I could get approved for disability benefits. I was approved after an almost 2 year process. I was heavily taxed on my pension as a result of cashing it out to live on until I could get help with disability. I was single with no family I could lean on for any assistance. My question is, can I recoup any or all of those taxes that were taken out of my pension? Thank you, Donald Jay Sudduth.
Asked Friday, March 17, 2023 by Donald Jay S.Sign in to Answer
Daughter as dependent relative
Daughter in college turned 25 in 2022. I can’t claim her as a dependent child but can I claim her as a dependent relative since she did not work and I paid all living expenses and tuition in 2022
Asked Thursday, March 16, 2023 by Kelli P.Sign in to Answer
California Health Insurance Penalty
I got married in June of 2022 and have had health insurance through my employer all last year. However my wife didn't have health insurance until she got added to mine in july of 2022 as she was unemployed. We are filing jointly for 2022, previously she wouldn't have had to pay a penalty as she fell under the income threshold but now our joint household income is well above the limit due to my income and it seems we have to pay a sizable penalty for her not having health insurance before we got married even though her income at that time was under the limit. Is there any way to get around that penalty or are we stuck since we are filing jointly?
Asked Thursday, March 16, 2023 by Marcus M.Sign in to Answer
Do I need to file taxes
I live with my daughter and son-in-law, I have no bills. I collect social security of $640 monthly. Do I need to file taxes
Asked Thursday, March 16, 2023 by Mary jo R.Sign in to Answer