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My ex-girlfriend is claiming our daughter as a dependent and

My ex-girlfriend is claiming our daughter as a dependent and head of household filing status. my question is can I claim my daughter to qualify for head of household status ? she stays with me 6 months out of the year?JA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: I want to use my daughter as a non-dependent and file as head of house hold, because my ex claimed my daughter. I found out when I tried to file my tax returnJA: Is there anything else the Accountant should be aware of?Customer: that pretty much it

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Stephen G.

Sr Financial & Tax Consultant

Bachelor's Degree

9,840 satisfied customers
Robin You helped me ou yeaterday with my ammend question. I

Hello robinYou helped me ou yeaterday with my ammend question. I wanted to know if you can help me with the sheet and how i can add my husband?

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Robin D.

Vocational, Technical or Trade School

23,140 satisfied customers
I have a couple who have joint costudy of their son. With

I have a couple who have joint costudy of their son. With court document they rotate years on who claims. They split the child care. so can they both claim child care and eicJA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: I am using turbo tax to perpare their taxes and it give both eic. But both can not e-file.JA: Is there anything else the Accountant should be aware of?Customer: would just like to know if both can claim the eic and child care each year or if the one who clain the son that year should claim it all.

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Stephen G.

Sr Financial & Tax Consultant

Bachelor's Degree

9,840 satisfied customers
My husband and I have always filed married filing jointly,

My husband and I have always filed married filing jointly, but this year I want to file married filing separately. His return is all about his business. He has no personal income to claim. When I file with him, all of the taxes I pay are swallowed up by his business losses. I would get a refund if I don't file jointly with him. Are there any issues with changing my filing status at this point? Will it send up red flags and trigger audits? Everything is on the up and up, but I would like to avoid that hassell if possible.JA: The Accountant will know how to help. Is there anything else the Accountant should be aware of?Customer: No, that's all for now.

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Robin D.

Vocational, Technical or Trade School

23,140 satisfied customers
I am currently about to leave my job but have some stock in

I am currently about to leave my job but have some stock in a company that is not public yet. I expect that the market value will go up in the next few months. I was told that I had 90 days from the time I leave to buy the stock. They hold events where the company does a buy back of stock usually towards the end of the year. The question is should I buy my stock now share price is 8 dollars and Market value is $27.00 or should i wait to buy. My concern is the Market value will go up . When I do sell will be taxed on the gain from 8.00 to $27.00 ($19 per share) or would I be taxed on the price on the gain on what I sell it for in the future, for example if it goes up to $35.00 would I be taxed with the gain of $27 a share? I am trying to figure out if I should buy the stock now or wait until my 90 is up but there is a chance the market value will go up in the future.

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

20,390 satisfied customers
My son's father passed away in October (I am divorced my kid

My son's father passed away in October (I am divorced my kid is 13). They are closing out the 401k his dad had and there was approximately 11500 in it (to be divided by his sister and him). I get social security for my child each month - the brother in charge of the will wants me to allow my son to accept the entire amount of the 401k and then send a check to his sister (she is 38) for half so they can avoid her paying taxes.........they said because my son is a minor he would not be responsible for taxes...........I don't think this is correctJA: The Accountant will know how to help. Is there anything else the Accountant should be aware of?Customer: Yes - I do not want this to affect my taxes- I am a single mom head of household and the only reason I don't have to pay is because I have my son as my deduction- will his ssdi and receipt of the 401k affect my filing status. thank you

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Stephen G.

Sr Financial & Tax Consultant

Bachelor's Degree

9,840 satisfied customers
I have a client who got to the US on February 21st of last

I have a client who got to the US on February 21st of last year on a H1-B Visa. His spouse and children got here on July 23rd. I am filing his return as a single because his family does not meet the residency test of exemption. Can someone confirm if I am doing this correctly?Thank you

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Megan C

Master's Degree

30,024 satisfied customers
My husband and I separated in 2012. He moved in with his

My husband and I separated in 2012. He moved in with his parents after July 22, 2012 and I moved 35 miles away. We had been separated well over a year when we filed our 2013 tax returns, and he accidentally claimed me as a dependent. Due to my position as a federal government employee, I starting repaying a penalty to the IRS, eventually repaying all of my 2013 federal tax returns including part of my state return. How long do I have to prove to the IRS that he had no right to claim me as a dependent? I've tried to get answers from a few accountants, but they are reluctant to help.

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Robin D.

Vocational, Technical or Trade School

23,140 satisfied customers
My question is do i have to file a property tax if my mother

my question is do i have to file a property tax if my mother is the head of the household?

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Robin D.

Vocational, Technical or Trade School

23,140 satisfied customers
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