Unanswered Tax Questions
Questions Asked by Users That Have Not Recieved a CPA Response.
View All Tax QuestionsPetty balance amt. Remaining in my HSA account
Asked onFriday, July 21, 2023 by JamesI have $1.27 Total balance remaining on my HSA account, that if I don’t use it I will lose it, By August 1, 2023. I am 69, and though I legally can use that amount to make a “non-medical purchase” Will The IRS tax me on that trivial amount and do I need to report it on my tax return?
Tax return
Asked onThursday, July 20, 2023 by FeliciaI submitted my taxes in April and still haven't received anything they said they was holding it 120 days they was trying to verify job or I worked there what if they haven't heard anything in 120 days what happens
Tax return
Asked onThursday, July 20, 2023 by FeliciaI submitted my taxes in April and still haven't received anything they said they was holding it 120 days they was trying to verify job or I worked there what if they haven't heard anything in 120 days what happens
Efilie 2022 tax return
Asked onThursday, July 20, 2023 by LaVondaI filed my 2021 taxes by mailing them in. For 2022 tax return, I want to efile. when I got to the efile section, it asked for the 2021 AGI, when I put the amount of 2021 AGI in and efiled, i received a reject. I am wondering if I should have put "zero" in the section for 2021 AGI since I did not efile 2021 tax return
Will 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?