Unanswered Tax Questions
CPAs - answer tax questions, and introduce your practice to potential tax clients.
How does it work?
1099-R
I rolled over 1 Roth and 1 401K when I put in it has me paying 8860.00 I didn’t use any of this money. How do I put these in with out paying taxes on them.
Asked Saturday, February 18, 2023 by Carolyn Y.Sign in to Answer
When
If the irs said I would receive my taxes by the 28th, is it possible I can receive my payment before then?
Asked Saturday, February 18, 2023 by Vickie C.Sign in to Answer
Can an exception be claimed for a deceased person ?
I am executor for my daughter's estate. She passed away in 2020. Her husband filed a joint return for tax year 2020. In settling her estate there was credit card debt that was forgiven. a 1099 was received which is taxable. There was no other taxable income or expenses. I am filing a final return. Can I claim a standard deduction on the return ?
Asked Saturday, February 18, 2023 by frederick f.Sign in to Answer
Can I get me refunds sent in the mail instead of direct deposit
Asked Saturday, February 18, 2023 by Larry G.Sign in to Answer
Local tax withheld in Pa but live in Ohio
Work in Pa and local wage tax withheld on w2 but live in Ohio. I have a school district tax on wage in Ohio. The local tax withheld in Pa do I get credit for that in Ohio. I feel like I’m paying wage tax twice
Asked Saturday, February 18, 2023 by Thomas W.Sign in to Answer
Made 24k filing jointly son staying with me wife died ma last year should I file
Made 24 k last year filing jointly on ss son staying with me wife died may 23 should I file
Asked Saturday, February 18, 2023 by Bill F.Sign in to Answer
Time frame
My taxes were approved by the IRS. What is the timeframe for direct deposit?
Asked Saturday, February 18, 2023 by katie b.Sign in to Answer
Home passed down in will
My aunty has her home being passed down to my brother and I in her will. She is getting older and was hoping to transfer the house deed to us now rather than after she passes away. What are the tax advantages/disadvantages on whether we take the home now or wait till she passes away?
Asked Saturday, February 18, 2023 by Shane A.Sign in to Answer
Tax donations
I wanted to find out where I would put a appreciated security stock donation on my tax return do I put it on itemized or other itemized items?
Asked Friday, February 17, 2023 by Rebecca w.Sign in to Answer
Interest income of $494 for 2022 on a deceased person.
My dad died in May of 2021, I had called Discover and notified them of his death and to cancel his card. I didn’t know that there was an account still open that they sent $494 of interest for this year. They closed the account, finally, and sent a check. My question is do I have to file a tax return for the interest income for this year?
Asked Friday, February 17, 2023 by Dennis A.Sign in to Answer