Helloapcsbz
I completely understand your frustration. If you read up on this articlehttps://www.irs.gov/pub/irs-pdf/p519.pdf
it clearly states that you will ne...
Hellovgtax !
You don't pay taxes on the gifted property when you receive it. When you sell the gifted property, you will pay capital gains on the gain both fed...
HelloELR_2023
Assuming you don't hve dependents, f you both lived separately in 2 different states, you have the option to file married filing jointly for fede...
HelloGCM56
You can file a tax return and then amend it to include any foreign taxes you paid for the same income.
US taxes are on world wide income, so any inv...
Hello antd1125!
If your LLC is incorporated, yes you should file it in your personal taxes. Per IRS guidelines, you are allowed to take the loss which was gene...
