Unanswered Tax Questions
Questions Asked by Users That Have Not Recieved a CPA Response.
View All Tax QuestionsPartner is a F-1 visa holder and haa not filed for taxes yet
Asked onThursday, August 10, 2023 by WillHi I am contacting on behave of my partner about some taxes relating to his f-1 visa. Supposedly he has not filed for the last 2 years since he was unaware he was supposed to. He is not working, has no income, only here for his university at the moment, and his grandparents from Taiwan are the ones funding his schooling so no loans. The IRS has never reached out to him and I'm now not sure if he is still required to even do so. I had him get the documents ready but want to know if he still has to file them regardless.
Roth IRA with no income
Asked onThursday, August 10, 2023 by AnaI lost my job this year but I used 1k from my saving to invest in a Roth IRA. Would I get penalized for it during tax season since I invested without having a job.
How much do i have to pay for live streaming
Asked onThursday, August 10, 2023 by StriderHow do I know how much I have to pay for live streaming and how much do I have to make before I have to pay, I live in Texas.
Lithuanian Charity wants to use US Crowdfunding site for donations - will it be taxed?
Asked onWednesday, August 09, 2023 by LauraI am an American that volunteers with a Lithuanian charity whose efforts support war victims in Ukraine. Since it is not American and thus not a 501c3, we can't post as a non-profit on crowdfunding sites (specifically GoFundMe). If I were to post one where the proceeds would go to the charity, would I be taxed on the donations?
Tax Implications of Being Added To a Home's Title
Asked onWednesday, August 09, 2023 by DanIf I live in a home with my life partner (unmarried) and she wants to put me on the title of the house, what are the tax implications of that in Utah?
Estimated taxes rental.property sale. Purchased 1974 for $23,k selling for $500k claimed depreciation
Asked onWednesday, August 09, 2023 by Carol401k buy out
Asked onWednesday, August 09, 2023 by AmyWill I have to pay taxes if I’m bought out of my current home with them using their 401k money. The amount is 100,000
Inquiry about Tax Obligations for Wyoming LLC and Australian Online Business
Asked onTuesday, August 08, 2023 by ShawkatHello three, I recently applied for a Wyoming LLC. I live in Australia and intend to operate online businesses, such as dropshipping. I believe that anyone starting an online business in Australia needs to have their ABN (Australian Business Number) and GST (Goods and Services Tax) applied to online business invoices at a rate of 10%. Thus, my question is whether I have to pay any taxes here in Australia or anywhere else. If not, how should I proceed, like what contact details should I use for the company, and is this approach legal? Additionally, if I encounter any problems, whom should I reach out to for assistance?
Working part time on social security
Asked onTuesday, August 08, 2023 by GeorgeI’m a 70 year old man who is on social security but need to work at a part time job to make ends meet. Taxes are taken out of my SS. How do I figure my federal tax responsibility? I take the standard federal deduction.