User Submitted Tax Questions
Read Questions Asked by Users and the Answers Provided by CPAs.
View All Tax QuestionsDo I need to file? On SSD and got 2 small annuities made under $25,000 total.
I'm on Social security disability. I got $17,376 last year. My mom also passed last year and left me 2 small annuities which combined with the $17,376 x 50% is less than $25,000 but one of the annuities is in MN. What do I do?
Asked onThursday, March 02, 2023 by DeborahCPAs - Sign in to Answer
Do I need to file
I receive social security and a small pension Do I need to file
Asked onThursday, March 02, 2023 by Mary AnnCPAs - Sign in to Answer
Disability check exp & re isssued in Jan of following year
2021 I received disability checks and some expired and were re-issued in Jan 2022. I have 2 questions. What W-2 Tax year should those re-issued checks be applied? My 2nd Question it appears they tied them to both tax years what do i do then?
Asked onThursday, March 02, 2023 by KEVCPAs - Sign in to Answer
Per diem allowance
My girlfriend delivers phonebooks. She is an independent contractor who pays all costs for deliveries including car, food & motel for out of town deliveries. Can she use a per diem for M&IE on her tax return?
Asked onWednesday, March 01, 2023 by KevinCPAs - Sign in to Answer
Can i sell LLC percentage without losing control?
I'm the managing member of an LLC with 50.5% ownership. If I sell a portion of my percentage, can I still maintain controlling interest? I may understand terminology incorrectly, but I read that I can do that by selling to a passive member with no voting rights - they only benefit from the profit percentage. Is that correct, or can you enlighten me, please?
Asked onWednesday, March 01, 2023 by TonyCPAs - Sign in to Answer
I received a ppp loan and an employee payroll credit. 2021 was the time frame I qualified for PPP
Do I have to amend my 2021 taxs to show the PPP loan and employee tax credit? I am a S corp
Asked onWednesday, March 01, 2023 by GERALDCPAs - Sign in to Answer
Dependent
Can I claim my boyfriend as a dependent if he is taking care our disabled child
Asked onWednesday, March 01, 2023 by MarieCPAs - Sign in to Answer
Rental assistance
If I live in income based rental do I claim what HUD assists me with
Asked onWednesday, March 01, 2023 by DeborahCPAs - Sign in to Answer
1099-nec only income
My only income last year was $1400 on a 1099-NEC. I am single with no dependents. How do I file?
Asked onWednesday, March 01, 2023 by TiffanyCPAs - Sign in to Answer
Tax form
I have already filed my taxes and a tax form came late and I didn’t know it was coming in and have already filed. What do I do in this situation
Asked onWednesday, March 01, 2023 by JamesCPAs - Sign in to Answer