I will move out of USA in July, 2023, with no plans to return back for a
couple of years at least. I have been continuously residing in USA on
H1B work visa for almost 10 years and i do pass the substantial presence
test and therefore I am considered...read more
Hey so I received this form. I want to make sure everything is right
because one thing I know you do not want to mess with the IRS LOL. They
checked box 1, 6, & 7. For box 6 it shows that I need to attach my W2 to
support one of my entry, which is do...read more
azhuffPosted 3 hours ago
| Latest post 59m ago by
Bsch4477
I am confused here...It says donee receives cost basis of donor.It also
says donee receives donor's holding period in the property for
determining whether a gain is long-term or short-term. So why does donee
need to live in that gifted property as hi...read more
curious4913Posted 2 hours ago
| Latest post an hour ago by
rjs
I'm a non-US citizen and lived abroad from 2013-2020. During that time,
I had a greencard that expired in 2017 but I filed the form I-407 (to
abandon status) in 2020 because I didn't realized until 2020 that I had
to actually abandon my permanent res...read more
mlj616Posted 2 hours ago
| Latest post an hour ago by
rjs
Hi all,I am currently using Excel spreadsheet to track everything. I
have column headings, and each year create a new tab. Still having a bit
of trouble at the end of the year. Can someone PLEASE share a
spreadsheet they created, website, phone app, ...read more
TaxLuPosted 8 hours ago
| Latest post 2 hours ago by
fanfare
When filing a form 1040 for past years (I'm filing them late), what
address should you write down at the top where it asks for your "home
address"? For instance, if I'm filing a past-due tax return for 2017,
should I be using the home address that I ...read more
mlj616Posted 12 hours ago
| Latest post 3 hours ago by
mlj616
I was charged to file on April 4th but my refund has not been filed to
the IRS. I set up the OPA to pay off my federal taxes on April 15th. I
just called the federal IRS to confirm my OPA and it is valid and active
still. Why has my refund not been f...read more
I received Form 1099-PATR for a distribution from a Cooperative. This
cooperative financed the mortgage on an investment property I purchased.
The property has a home that I rent out as well as 30 acres of land that
I use for both capital gain (timbe...read more
When entering 1099-S for sale of my home, what amount do I enter as
total money received? Is this the amount on my 1099-S (which is the
price of sale) or Do I look at whats on my settlement sheet was total
credit. This basically includes my sale pric...read more
stechPosted Saturday
| Latest post 5 hours ago by
DoninGA