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I'm self-employed, filing jointly. Husband has a 403B. My traditional IRA contribution is typically deductible, but isn't this year. Will it be different if I contribute to a SEP?
FCourt ‎02-18-2019
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Are the tax forms completely up to date on turbo tax as of today 1/22/2019? I do not see the 20% pass through deduction and I meet all of the requirements. I am thinking maybe the shut down is affecting the new forms coming out?
c4rette ‎01-22-2019
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My 86 year old father-in-law, whose taxes I prepare, received in 2018 a FSA check for $648 for a USDA 2017 agricultural program payment made out to his S corporation and he deposited the check in his personal account in 2018. The FSA issued the S cor... read more
taxneophite ‎02-15-2019
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I am filing for tax for the time in my life but there are some complications which are making me think twice. So i am a full time graduate student and I am working part-time as a Teaching Assistant on campus. I drive Uber and Lyft part time as well. ... read more
rahimdaud5 ‎02-11-2019
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Can I contribute to a Roth or Traditional IRA if I only have self employment income?
Maxine ‎02-12-2019
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I was under the impression that a solo 401k functioned like a regular 401k. On my husband's W2 the amount he contributed to his 401k is not included in his gross income. When I add contributions to my solo 401k, however, it seems as if my income is u... read more
Mar ‎02-12-2019
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I own a small business that earns around 25000 per year. I am the only person in this business doing real estate and interior design. Does it make financial sense to file as a corporation or just as an LLC, sole proprietor or something else? Thanks
Vogue5296 ‎02-12-2019
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Can someone explain the QBI?
MAX_RFN ‎01-31-2019
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I get a 1099 for Motorcycle Riding Instruction. My Motorcycle is a purchased asset used for Teaching.. My Question is while the bike is listed as an asset.. Can the Enhancements purchased for the Motorcycle be added as expenses? If so Where? Addition... read more
61msl ‎02-10-2019
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should I take a 179 deduction on my new vehicle this year if my business is showing a loss, or should I take the regular depreciation route I show a profit to my business each year but this year was in a bad car accident so not much income
taphair ‎02-10-2019
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The Benjamins
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