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My friend is a U.S. green card holder. Her mother in India gifted her some land in India years ago. The land has never generated any income (no rent, farming income, etc.).She is now considering selling the land in India and transferring the sale proceeds to her U.S. bank account.Questions:From an India/RBI/FEMA perspective, what is the maximum amount that can legally be transferred from India to the U.S. from the sale of such property? Is there an annual limit for a U.S. green card holder/NRI?Are there any U.S. tax issues simply because the gifted foreign land was not previously reported, even though it produced no income?When calculating U.S. capital gains upon sale, does she use her mother’s original cost basis from when the land was purchased?Is transferring the sale proceeds from India to the U.S. itself a taxable event in the U.S., assuming Indian taxes are properly paid?Are there any IRS reporting requirements related to receiving the sale proceeds in the U.S.?Are there any prac

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I'm a US citizen now living permanently in Australia and no longer have a US phone number. How can I update my personal details with my Australian number? The system doesn't allow me to do so.

A former employee spouse receives a distribution of company stock with an NUA from a 401K and meets all of the conditions required to take advantage of the NUA and pays ordinary income taxes on the basis of the stock. The employee spouse then transfers the stock to their spouse (non-employee spouse). The non-employee spouse then passes away and the child of the non-employee spouse inherits the stock (employee spouse has not passed away). What are the tax consequences when the child sells the stock?

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We moved and I lost the actual W2's

I paid $301 to have my taxes done which was automatically deducted from my refund

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Can I attach supporting documents when filing an amended 1040-X electronically?

Where do I input materials used on my jobs, I’m a self employed general contractor

I am using the TurboTax app and clearly within the posted availability hours. Has anyone else encountered this?

Is Turbo Tax going to replace Its Deductible with a similar product?  Its Deductible is the reason why I started using Turbo Tax all those years ago.

All of my W2s from previous years are in my Documents folder except for 2024

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This question is for my 95-year-old dad.  He has about $40,000 in annual income from his pension and Social Security.  This year, he had to withdraw money from his mutual funds (through Muriel Siebert) to pay expenses for home health aides.  (He has an IRA, but did not make any withdrawals from it.) The amount will be about $150,000 for the year. How much should he be paying in estimated taxes on the withdrawals?  The Siebert statement says that he has a long-term capital loss of about $1500, but should he be paying 20% on the $150,000?  TYIA.

I owe turbo the processing fee, which I asked to be deducted from my refund, after TurboTax gets to fee, Where, they be issuing at shock to me directly?

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I want the expert appointment.

I dont have this insurance

I switched over to DeductibleDuck [hyperlink removed] and so far it seems like an upgrade to Intuit's obsolete software.  I suggest everyone switches.

I read online that TT would offer to switch you over toOnline filing How do I get that done?

Amount for the current tax year