Join the 9 million people who found a smarter way to get Expert help
Recent tax questions
Good afternoon. I have a non qualified pension plan from
Good afternoon. I have a non qualified pension plan from derived from income earned while working in Pennsylvania. At the time of my employment, Pennsylvania withheld state taxes from the contributions going into this plan. Accordingly, my distributions from this plan are not taxable in Pennsylvania. If I change my primary residence to S. Carolina, will these distributions become taxable?
Vocational, Technical or Trade School
Accountant or Tax Professional:If payer gives money over
Accountant or Tax Professional:If payer gives money over $14,000, to a third party does it have to be declared a gift from giver and hit lifetime gift exclusion? Or can it be considered income to receiver instead? This is not for business services.Any different if to an ex absent a decree?
JD, MBA, CFP, CRPS
I was relocated by my company and was paid a lump sum
Hello, I was relocated by my company and was paid a lump sum for expenses and was reimbursed for temporary living, utilities and trips between locations. On a relocation expense summary report, I have those amounts and a tax assistance amount all included as part of my W2 box 1 income. Nothing was listed in my w2 box 12P. My questions are: 1) Is there anything I can deduct like my reimbursement or moving expenses I paid for using the lump sum? 2) This additional relocation assistance places me in another tax bracket. Does that matter? Thank you!
Reviewing google search answer to claim
***** ***** - reviewing google search answer for where to claim CRUT deduction.JA: Thanks. Can you give me any more details about your issue?Customer: We made a contribution to a CRUT. We understanding we'll need to complete a 5227 ongoing. I wasn't sure where to take the deduction in the first year, though. Is there a special form? Or, does it simply go on to the Schedule A? 8283 would be necessary, because securities were donated.JA: OK got it. Last thing — Tax Professionals generally expect a deposit of about $32 to help with your type of question (you only pay if satisfied). Now I'm going to take you to a page to place a secure deposit with JustAnswer. Don't worry, this chat is saved. After that, we will finish helping you.
Sr Financial & Tax Consultant
My father in law signed over his home to my husband and hisView more tax questions
My father in law signed over his home to my husband and his brother after his heart attack. Later his brother signed his 1/2 over to my husband. We sold the house last year. What do we use for the basis? It was a three family home and one floor was rented.
Bachelor's Degree Equivalent