Unanswered Tax Questions
Questions Asked by Users That Have Not Recieved a CPA Response.
View All Tax QuestionsEV tax credit and child tax credit
Asked onMonday, November 06, 2023 by DanielleWe are going to be claiming the EV tax credit for purchasing an electric vehicle (yes it qualifies). Does that credit come off before or after the child tax credit or additional child tax credit? I am trying to figure out if we will be able to receive any part of the actc since the EV credit should cover any of our “owed taxes”.
Claiming dependent
Asked onMonday, November 06, 2023 by CandieI gave birth to my son on March 21st and he lived for two hours and passed but since he was born alive he has a ss card and a birth certificate. Do I claim him?
I owe taxes 2016 2017 and haven't filed 2018 to present how to proceed?
Asked onSunday, November 05, 2023 by DanI work full time and would like to file the above tax years and clear things up. I need help, What is the best route to take. CPA? Tax Pro? Unsure where to start. Thank You.
Llc real estate
Asked onSunday, November 05, 2023 by DannyA realestate builder want to sell one of the homes to their adult child at a loss but a loss cannot be taken because it’s a relative transaction. What happens to the costs not covered by what the adult child is paying. Let’s say cost to construct the home was $200k and the daughter will pay $150k to the LLC. Is the extra $50k a gift from the parents? Recorded as a distribution from the LLC to the owner?
First and second recovery credit
Asked onSunday, November 05, 2023 by AprilCan I get stimulus money for my deceased husband passed in 2020
IHSS Career Pathways Income
Asked onSaturday, November 04, 2023 by Tamara LI'm an IHSS caregiver for a family member and am tax exempt in California. The state is providing paid health care training for caregivers. Is the money I receive for thr training also tax exempt?
Taxes after divorce
Asked onSaturday, November 04, 2023 by Mike2 pensions, both mine. After divorce, how do the tax burdens split?
My social security taxes taken out are more than my federal taxes
Asked onSaturday, November 04, 2023 by BettyCompany took out more on my social security taxes and not enough on my federal
maximum w/out taxes
Asked onSaturday, November 04, 2023 by WilliamWhat is the maximum amount of social security disability payments that can be received without incurring federal income tax liability?