If friends and family members have paid me over $600 using the Family
and Friends option on PayPal, not for goods and services, do I have to
claim it on my taxes?
mkbrennerPosted a month ago
| Latest post a month ago by
Opus 17
The website/app says that all transactions have been updated and that it
has good connectivity to USAA. However, only my checking account
transactions are flowing in. My credit card transactions haven't been
updating the past two weeks. How can I fix...read more
I just became a consultant for a company, an independent contractor.
It's part-time but I do earn more than $600/mo. My questions are, how
can I make sure I'm deducting enough taxes and do I need to file
quarterly? Thank you, Michael
Hi. I regularly send family (and sometimes friends) money ($25 min up to
$1,000 max) through Zelle, CashApp, and Venmo. Do I have to pay taxes on
my own money that's sent as a gift or to pay half of a joint bill or
even from one account to another at...read more
Hello!My husband works in a Partnership, he gets Schedule K-1 every year
to file with his taxes. This year he bought a new (not brand new, but
new for him) truck to get to work and back. It is NOT an EV. I know that
he can write off the mileage and r...read more
I file my mom‘s taxes every year through TurboTax and this year is the
first year she no longer has a mortgage. Her only income is Social
Security and her 401(k) do I still have to file taxes for her? She also
has no other wright offs.
I have made some eBay sales this year, that exceed the $600.00 limit,
sales will total about $1000.00-$1500.00. All the sales are used items
and sold at a loss. Unfortunately I do not have all the past purchase
receipts. How do I include this on my t...read more
bmen0165Posted 2 hours ago
| Latest post 2 hours ago by
VincentL
If I owed no taxes one year, didn’t make quarterly payments for the next
year, why did the IRS issue me a penalty for not paying quarterly taxes
for that year?
WolbachcPosted 2 hours ago
| Latest post 2 hours ago by
Wolbachc
IRA Credit for 2022 EVUnder the transition rules for IRA for the IRC 30D
EV credit, if I have a prior to 08/16 purchase agreement for an eligible
2022 vehicle but did not take delivery of the car yet, I can still claim
old credit. It would need to be...read more
TaxTyPosted 2 hours ago
| Latest post 2 hours ago by
VincentL
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