User Submitted Tax Questions

Miscellaneous

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 ?

Miscellaneous

Can I get me refunds sent in the mail instead of direct deposit

Nonresident Tax Issues

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

Personal Taxes

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

Personal Taxes

Time frame

My taxes were approved by the IRS. What is the timeframe for direct deposit?

Home Ownership

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?

Tax Forms

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?

Family Issues

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?

Small Business

Vehicle Purchase for Business Use

I'm considering purchasing a vehicle for business use. It would also be great for brand marketing purposes once it's wrapped. I'm a single member LLC, that may be moving to S Corp designation. Should I purchase the car in my name or the business name?

Personal Taxes

Form 1040SR

May a taxpayer file a joint return using 1040SR if he is over 65, but his spouse is not?