Unanswered Tax Questions
Questions Asked by Users That Have Not Recieved a CPA Response.
View All Tax QuestionsEV tax credit
Asked onMonday, June 19, 2023 by NishI bought Tesla mode Y in June-2023 and want to understand if I am eligible for the $7500 tax credit. For 2023(current year), AGI will be more than $300k (filling jointly) Tax will be due at filing >$7500 For 2022, AGI was $220k (filled jointly) Tax due was 0 (got refund) As per IRS ev credits are Jon-refundable but you can use AGI of the previous year. Please help me to find out if I can get this credit or not. If we can then I would like to schedule a call with you so we can prepare my taxes for this year. Thanks.
Ex-husband's debt took my tax return
Asked onMonday, June 19, 2023 by DanaMy ex-husband and I divorced in 2022. The tax debt was ruled by the court for him to pay because it was his debt. I filed Head of Household for my 2022 taxes. The IRS took my refund and applied it to my ex-husband's debt. It sounds like when reading about Injured/Innocent Spouse, that I have no recourse because we did not file jointly. Is that correct and can I file anything else to try and retrieve my refund?
Bitcoin/Crypto
Asked onMonday, June 19, 2023 by RubyHi I was just hoping to get some information regarding buying Bitcoin/crypto. Is there a certain amount that we can buy without having to report it on our taxes? Or does any amount we buy in crypto have to be reported? I want to check before investing any money in it.
Will insurance Paypal payment be taxed?
Asked onMonday, June 19, 2023 by NikkiI was involved in a car accident in 2023, and the insurance payout for my car was sent to me through Paypal. I understand any payments higher than $600 will be reported to the IRS, but have also read insurance payouts aren't taxed. I withdrew the money to get my replacement car and the parts needed to repair it, but now I'm unsure how it will affect my taxes next year. I do not run a business through Paypal, it is only for personal purchases.
Federal taxes
Asked onMonday, June 19, 2023 by AliciaWhy don't my employer take federal taxes out of my checks?
Can a wife as her tax transcipts independently from her previously receive joint file
Asked onMonday, June 19, 2023 by AbdolrahimI need assistance with a tax-related question. In a scenario involving a husband and wife, they have jointly filed their 2022 tax return. The wife has been requested by a federal office to provide her tax transcript. However, the husband is uncooperative and unwilling to submit a joint transcript. I would like to know if the wife has the option to independently request a copy of her own federal tax transcript from the IRS, which she can then submit to the federal office while maintaining confidentiality.
Gig tax advice
Asked onMonday, June 19, 2023 by DarrinI am an online gig worker. Need to report to social security.
How to write off time spent at rentals
Asked onSunday, June 18, 2023 by Beth AnnI keep track each time I go to work at the Rentals iPhone. What is the best way to do that? Can I only write off mileage? Or the time spent working? Do I pay myself for work done?
Audited, claiming kids
Asked onSaturday, June 17, 2023 by GageI've claimed all 3 of my children since they were born, the eldest being 6. I complied with the requests for extra documentation and waited. They're now saying I can't claim them or the earned income credit and owe 1,000 + with interest, even though they're just now saying I owe something. I have been waiting since I filed in February and do not understand how they can claim that these children are suddenly not mine.