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Can you give me an estimate of how much of tax credit we

Can you give me an estimate of how much of tax credit we would get by buying this Tank-less Water Heater? http://us.navien.com/Content/AttachedFile/Homeowners/2015-2016FEDERAL%20TAX%20CREDIT.pdfMy wife and I earn about $180k combined.

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Lane

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My sister is trying to do her taxes, and the only income is

My sister is trying to do her taxes, and the only income is alimony, she wants to know why she has to pay state taxes at 439.00 and she has two dependents? total alimony for 2015 is $30,840. thanks,

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Lev

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Does Presumptive Taxation scheme exist in the US

Does Presumptive Taxation scheme exist in the US for small businesses? If yes, what's the eligibility?

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Lev

Retired

Bachelor's Degree Equivalent

 
24,192 satisfied customers
Is salary Global position based in developing country

Is salary for a Global position based in developing country generally comparable to a similar position based in USA?

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Lane

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Doctoral Degree

 
16,384 satisfied customers
I bought and lived in a home in Minnesota in 2008. In late

I bought and lived in a home in Minnesota in 2008. In late 2014, I moved to California and kept the home in Minnesota as a rental property. For 2015, I rented out that home for 100% of the year. For 2015, California is my primary residence, I live here full time and have a full time job. So, does the rental income (and expenses) on my Minnesota rental home get reported to the state of Minnesota or California? Other than the rental, I have zero income to report in Minnesota. My wife was a self employed family therapist in Minnesota before we moved in 2014. In 2015, she received some income from insurance billings of clients she saw in 2014 (about $800). So I will be filing a tax return in MN for her 1099 with about $800 on it.Thanks.

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Rakhi Vasavada

Financial / Legal Advisor

Bachelor's Degree

 
3,900 satisfied customers
I originally filed the 1040A and realized that I forgot to a.) claim an EIC credit and .)

I originally filed the 1040A and realized that I forgot to a.) claim an EIC credit and b.) include my spouse's hobby income (a factor that I now realize would require me to have filed a 1040, *not* a 1040A).I went ahead and sent off the 1040x just last Tuesday, but did not include any amended returns (including the corrected 1040 that I SHOULD have filed originally).Should I go ahead and send a new 1040x (numbers haven't changed) along with a 1040, even though I just sent the 1040x last Tuesday?

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PDtax

Owner

Master's Degree

 
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I have a grandson who has a baby with his girlfriend. She is

I have a grandson who has a baby with his girlfriend. She is covered under her mother's insurance.She has no job. He works in the parts department of an auto dealership. He says he cannot afford their health insurance. His pay is above the poverty line in the area of $30-$35,00. What other options does he have? She cannot cover the baby on her mom's insurance and it is up to him to cover the baby and himself

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Lev

Retired

Bachelor's Degree Equivalent

 
24,192 satisfied customers
On form 8962 page 6 of the instructions under worksheet 1-1

On form 8962 page 6 of the instructions under worksheet 1-1 question 4 asks you to enter the excess of Form 1040 line 20a over 20b. What does this mean the excess of (20a) over 20b. For me I understand this eventually taxes my previously untaxed Social Security.

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Rakhi Vasavada

Financial / Legal Advisor

Bachelor's Degree

 
3,900 satisfied customers
My daughter has Medicaid, and she will turn 18 on May 1, 2016.

My daughter has Medicaid, and she will turn 18 on May 1, 2016. She is still in high school. Will her Medicaid coverage expire when she turns 18? Will she need to sign up as an adult?

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

 
16,384 satisfied customers
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