I made a loan to an individual who defaulted. I took the case to court
and won a judgement against that individual who then filed for
bankruptcy. I have legal and other expenses from the bankruptcy court
hearings. The bankruptcy judge ruled against m...read more
What line on IRS Form 1040 does Social Security use for the "Taxed
Social Security Earnings"? I'm looking at the record that I downloaded
from Social Security and none of the figures match any of the fields on
Form 1040.
I own my hone and owe nothing on it. My credit was 300 after filing
bankruptcy years and years ago. It’s around 600 now. Why am I having
such a tough time getting a home equity loan of some type??? I have not
missed any payments on anything in over a...read more
I have an opportunity coming up to have enough money to pay off my
30,000 car loan completely. Should I do this or just pay enough to not
be upside down. Thinking of trading for a lease car. I like drive new
cars. I don't mind the note but sometimes ...read more
Bella59Posted a week ago | Latest post a week ago by tagteam
I just wanted to know If this could be a deductible on my taxes. So, I'm
a 25 year old single guy. I currently live with my mother and she has
section 8. Our rent went up because I'm making more money. I currently
pay $1300 and of course I don't file...read more
Looking for insight on this topic. If a taxpayer is over 65 and on
Medicare, can he still contribute to HSA and get the tax credit for HSA
contributions?
gmikegreenPosted a month ago | Latest post a week ago by ghost
I am about to work as a freelance consultant for a company in Canada
while remaining based in the US. How will that income be need to be
reported on my US taxes? Do Canadian companies file US 1099 forms?
Thanks for the help.
I have tried for 2 days to get ahold of an actual live person with turbo
tax with no success. My bank account was charged $43.19 in November and
we did not authorize that charge. We only use turbo tax on occasion
(this means I use other services some...read more
BeppyBPosted 2 weeks ago | Latest post 2 weeks ago by NCperson
I really need to have a CPA help me with this one.The Trust is invested
in a mutual fund, and I am the beneficiary of the income every year.
However, even though I personally paid the tax on the income I was
entitled to every year, I stupidly left th...read more
If I received a Cash Gift from my grandmother for $20,000 in order to
help pay off student loans, what is my tax liability? I know the bank is
required to report cash deposits of over 10k, and there is no prove this
was a cash gift from a family memb...read more
In 2017 and 2018 I paid for education in a new field with plans to begin
a new business. In 2019 I formed an LLC for the business. I learned that
$5000 in startup costs can be deducted, and over the $5000 would be an
amortized deduction over 15 years...read more
