About BettieG

Employee Tax Expert

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I'm an attorney and an employee of Intuit, working as a Tax Expert. I love helping people with tax issues!

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Re: Capital Gains taxes

To determine the capital gain on the sale of the condo, you will need to determine the cost basis of the property. This depends upon how you acquired the condo....

BettieG

Updated Oct 30, 2024
Solved Re: Forms once retired

Great question! Given that your only source of income following your retirement is distribution(s) from your IRA(s), you will likely be able to continue to file...

BettieG

Updated Oct 30, 2024
Re: If I sold an investment property, what percentage should I expec...

The tax you can expect to pay on the sale of an investment property depends on a number of factors, including how long you held the property, your total income,...

BettieG

Updated Oct 30, 2024
Re: I'm moving to a new state, how will this affect my taxes?

Hi and great question! In addition to what Cindy4 said, in 2024, you will need to file a tax return in Illinois to report your earned income from Illinois sourc...

BettieG

Updated Oct 30, 2024
Re: Revocable Living Trust Income Tax

As you may know, in a revocable living trust, the grantor (the person(s) who creates the trust) retains control over the trust assets and can revoke the trust a...

BettieG

Updated Oct 30, 2024

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Date Registered	‎June 26, 2023 6:29 AM
Date Last Visited	2 weeks ago
Total Messages Posted	68
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