Unanswered Tax Questions
Questions Asked by Users That Have Not Recieved a CPA Response.
View All Tax QuestionsWill my brother need to file taxes if he ended the year incarcerated
Asked onWednesday, July 19, 2023 by LoriMy brother worked Jan-Aug 2022. He was arrested Aug 2022 and has been in jail since. He got divorced in oct 2022. We just found out his ex wife did not file his taxes for 2022. With him being incarcerated does he have to file taxes for 2022 at all? Or do we need to tract down his 2022 w2 and file for him and pay any taxes owed and penalties that have incurred for not filing on time? We live in Oklahoma
set up invoice for brokerage of printing
Asked onWednesday, July 19, 2023 by vaneI am coordinating the printing of books and of graphic design and shipping for a client. I hired and paid the graphic designers, theprinter, etc. I paid these vendors directly. How should I set up the invoice in quickbooks so that if I need to collect tax and pay the state of Arizona, it would be only for the printing portion not for all of the project.
18 ACRE LAND SPLIT
Asked onWednesday, July 19, 2023 by RandyHello, we purchased 18 acres of AG zoned land in Linn County Iowa in 2021 for 375K and in 2023 split the parcel into an AG zoned 13 acre parcel and an AG zoned 5 acre parcel. If we sell the 13 acre lot for 500K can we invest all of the proceeds from the sale into a new home and buildings on the 5 acre lot without paying capital gains on the sale? Randy
State tax filings when moving to a different state
Asked onWednesday, July 19, 2023 by VictorIf we move from California to Texas in the middle of the year, which state do I file state income taxes for W2? What method is used to split the proportion of income going to California taxes and Texas taxes? How is this then applied to 1099 or business income earned?
Can I claim an EV tax credit for the year 2023 if I claimed one last year (2022)?
Asked onWednesday, July 19, 2023 by RyanI bought an EV in 2022 and claimed the tax credit for that year. If I were to buy a brand new Tesla this year can I claim the credit again for this tax year?
W-9 Form
Asked onWednesday, July 19, 2023 by GeorgeCan I fill out a W-9 Form on the internet and email it to my employer?
Inheritance money gift to children
Asked onWednesday, July 19, 2023 by PaulaI inherited money not taxed because it came from property sale. How much can I gift my three adult children so we won’t be taxed and would there even be a tax on the property sold for inheritance?
Gift tax and outwards remittance
Asked onWednesday, July 19, 2023 by DevinaAre we taxed on money earned in US and sent to India account under same earner , like I earn in US and send money to my India account.
New job, starts 2 days before I turn 66.5
Asked onTuesday, July 18, 2023 by DeborahIf I start a new job 2 days before my official retirement date. Will that work period be taxed at pre retirement rates or just the 2 days I worked prior to my official retirement date. Thanks
Form W-4P help
Asked onTuesday, July 18, 2023 by JamesI'm not sure what to put for step 2 line (b) I. Do I put my spouces income, she is still working, the lower amount of thr two of us or the combined income?