Finance

Have finance questions? Ask a financial expert online.

Connect one-on-one with {0} who will answer your question

Related Finance Questions
My son is an independent student applying to a graduate
My son is an independent student applying to a graduate program and filling out the FAFSA. I am the owner of a 529 plan and he is listed as the beneficiary. Does this need to be reported on the FAFSA … read more
Tax.appeal.168
Tax.appeal.168
Principal
5,001 satisfied customers
My client has a 529 plan and would like to withdraw only the
My client has a 529 plan and would like to withdraw only the principal from the plan. Will this withdrawal be taxable or tax free since she wishes to only withdraw the principal amount contributed to … read more
Robin D.
Robin D.
Vocational, Technical or Trade School
16,188 satisfied customers
I have a dilemma with my taxes. At the end of 2015 my
Hello, I have a dilemma with my taxes. At the end of 2015 my husband was laid off. At the time he had an outstanding 401k loan, in which payments were being deducted from his paycheck. With his layoff… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,609 satisfied customers
My father has a 529 plan for my son. Is he still eliable for
My father has a 529 plan for my son. Is he still eliable for the pell grant?75. 000. I am a single mother on ss disibility… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,749 satisfied customers
I just inherited 120000. My accountant estimates 40 to feds
I just inherited 120000. My accountant estimates 40 to feds and 8 to state given my tax bracket. Is the traditional ira and/or college savings plans good ways to change this burden? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,908 satisfied customers
We would like to pay a portion of tuition for a friend
We would like to pay a portion of tuition for a friend (Rachel) of my daughters. I want to set up a 529 (Colorado) for the tax benefit and immediately cash it out to pay tuition. Will this in any way … read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,340 satisfied customers
I am inheriting 80,000 dollars from an annuity. taxes will
I am inheriting 80,000 dollars from an annuity. taxes will be owed on 60,000 dollars of it. I am putting 20,000 dollars of it in an inherited IRA. Obviously that leaves me with 40,000 dollars that I n… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,749 satisfied customers
I am looking ways to save money kids .But i dont see any
I am looking for best ways to save money for college for my kids .But i dont see any college saving ways to save federal tax on contributions.Is IRA a good option, but wont i need to pay penalty if i … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,749 satisfied customers
If I withdraw funds from a 529 acct to pay off my daughters
If I withdraw funds from a 529 acct to pay off my daughters loans either while still in college or after she graduates is this considered income to me?… read more
ShawnA
ShawnA
CEO
Bachelor's Degree
2,450 satisfied customers
My 18 year old son just received $140,000 law suit settlement.
My 18 year old son just received $140,000 law suit settlement. He will use $20,000 to purchase a car. The remainder will be used for college tuition. Where should put the remaining $120,000 assuming h… read more
PDtax
PDtax
Owner
Master's Degree
4,333 satisfied customers
I am in urgent need to withdraw 100k from my retirement plan
I am in urgent need to withdraw 100k from my retirement plan at TIAA CREF. There seems to be a number of penalties and tax liabilities that I will be subjected to, so the idea is to reduce the liabili… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,222 satisfied customers
State: NJ What is the best way to set aside money for children
State: NJ What is the best way to set aside money for children (several children approaching college age) and not have that money counted as "assets" when applying for financial aid at colleges and al… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,749 satisfied customers
I have a question about a 529 plan for college. How does a
I have a question about a 529 plan for college. How does a grandparent's 529 plan affect a student's financial aid prospects? Specifically, the grandparent has set aside money in a 529 plan to pay for… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,222 satisfied customers
My parents are afraid to set aside $ for their grandchilds
My parents are afraid to set aside $ for their grandchild's education thinking they may need the fund themselves. What can we do?… read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,609 satisfied customers
This is more of a "financial" parenting question..Ive a 7
This is more of a "financial" parenting question..I've a 7 month old. Any recommendations on a good 529 Plan? I'm in CA. Also, the money you put aside in a 529..can that be used for qualified expenses… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,749 satisfied customers
I am evaluating creating a trust for my son & daughter for
I am evaluating creating a trust for my son & daughter for their college+other life type of expenses. While that is the purpose, it doesn't have to be explicitly define them as the sole recipients. Th… read more
socrateaser
socrateaser
1,458 satisfied customers
i was 17 when i started college. my parents filled out the
i was 17 when i started college. my parents filled out the fafsa and went on the payment plan for school, suny new paltz. i was diagnosed with depression at the time and withdrew from school in octobe… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,908 satisfied customers
I am the custodian on two stock accounts for my ...
I am the custodian on two stock accounts for my sons. One is a UGMA and one is a UGTA account. The UGMA account is for my son who is going to turn 18 tomorrow and is intended for use to pay for his co… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x