Connect one-on-one with a tax professional who will answer your question
Expert avatar
Wallstreet Esq., Tax Attorney
586 satisfied customers
10 years experience
Pearl avatarPearl Wilson, Assistant
4 Tax Professionals are Online Now

Tax questions? Ask a verified tax Expert

Verified tax professionals are online around the clock and ready to answer your question online or by phone. 
Related Tax questions
If I sell a rental property in 2019 that I held for about 15
If I sell a rental property in 2019 that I held for about 15 years is the total depreciation taxable at a higher rate than capital gains tax rate? Or does that only apply to the difference between acc… read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
735 satisfied customers
I recently found out that I can rollover the funds in my IRA
I recently found out that I can rollover the funds in my IRA into my employers 401k.Since I am still working, I do not have to take any RMD from the 401k.Since I am 73, I have been taking the RMD from… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
3,974 satisfied customers
Are you real. You real? representative. I have tax questions
I have tax questions regarding a settlement and I am in MA… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,225 satisfied customers
Here is the situation: 1. My ex-husband move to Brazil in
here is the situation: 1. My ex-husband move to Brazil in 2005. we American Citizens. 2. In 2010 we got divorced. 3. until then my ex-husband was doing my tax return with his in the same accountant. 4… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,941 satisfied customers
I am trying to get a copy of my tax return of my work year
I am trying to get a copy of my tax return of my work year 2016 … read more
Barbara
Barbara
Enrolled Agent, Paralegal
9,834 satisfied customers
I have a client who is a merchant mariner. With the new tax
I have a client who is a merchant mariner. With the new tax law disallowing 2% miscellaneous deductions, what deductions might he be able to take while sailing overseas and on the ship.… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,087 satisfied customers
I have a C-Corp registered in NV that is inactive since
Hi. I have a C-Corp registered in NV that is inactive since 2014. To file for its dissolution will cost me about $6K. Do I really risk my future if I leave it inactive forever and just forget about it… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,225 satisfied customers
I am purchasing a property for 1.95M and the current owner
Second opinion] I am purchasing a property for 1.95M and the current owner originally purchased it in 2005 for 2.56M. So he is technically taking a loss. At time of contract he did a quick claim deed … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,040 satisfied customers
It seems to me that I am entering my SE income twice on the
It seems to me that I am entering my SE income twice on the 1040: once as part of my total taxable income on line 6 of Form 1040 (for which I completed Schedule 1, Schedule C, Schedule SE, and Schedul… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,225 satisfied customers
How should I determine if it's better for me to tax an owner
How should I determine if it's better for me to tax an owner draw vs paying myself via payroll when my business is taxed as a c-corp?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,225 satisfied customers
I am purchasing a property for 1.95M and the current owner
I am purchasing a property for 1.95M and the current owner originally purchased it in 2005 for 2.56M. So he is technically taking a loss. At time of contract he did a quick claim deed and transferred … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,087 satisfied customers
I am from India. We bought some second hand equipment from a
Hi There, I am from India. We bought some second hand equipment from a USA based auction house. They were supposed to refund us tax amount which equals to USD 11,000 but they are not returning the mak… read more
Barbara
Barbara
Enrolled Agent, Paralegal
9,834 satisfied customers
I need info on how the exit tax is calculated. i expatriated
I need info on how the exit tax is calculated. i expatriated in march 2018 and i am filing the form 8854.: I have 2 houses . 1 worth 389.000 Euro bought in 1985 for 94.000 and the other worth 178.000 … read more
Barbara
Barbara
Enrolled Agent, Paralegal
9,834 satisfied customers
What should I do with money from a settlement? I'm going to
What should I do with money from a settlement? I'm going to be receiving some money (maybe $50,000), and I have a vengeful ex boyfriend that I want to protect it from. I need a new place to live but I… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,225 satisfied customers
I am a salaried physician, who just started doing some
I am a salaried physician, who just started doing some consulting for medical companies on the side. For the consulting aspect, do I need to set myself up like an independent contractor and pay quarte… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,225 satisfied customers
I am a c-corp. I use cash method of accounting. For tax
I am a c-corp. I use cash method of accounting. For tax purpose I want to recognize a lump sum payment for software development over a 3 year window of development. How do I change my method of accoun… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
3,974 satisfied customers
I am a contractor. I am employed not self employed. I'm in
I am a contractor. I am employed not self employed. I'm in Afghanistan. I pay 20% afghan tax. I have been in the US for more than 35 days. Will I have to pay back federal tax since I'm over the 35 day… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
3,974 satisfied customers
I'm 63 years old disabled do I have to file taxes. 2018.
I'm 63 years old disabled do I have to file taxes JA: Which tax year is this for? Customer: 2018 JA: Anything else you want the Accountant to know before I connect you? Customer: That's it… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
3,974 satisfied customers

No tax question is too difficult for Experts on JustAnswer


On JustAnswer, tax questions like these are answered regularly:


  • My 92-year-old mom has 23,628 in social security benefits. Does she have to file a tax return?
  • If I live in Florida, but I have three businesses in Illinois, do I have to pay the state sales tax on my income from them?
  • I filed my return electronically and it's been accepted. I received a 1099 I wasn't expecting. I don't mind filing an amended return, but will it hold up my pending return?
  • I run a motorcycle owner’s group and we have an online store. Do I need to establish non-profit?
  • I leased a vehicle and paid taxes in the lease. I bought the vehicle, and they said I would have to pay another $800 in taxes. Why do I have to pay more in taxes if I paid them through my lease?

In order to give you the best advice, the Expert will need to know a little about your situation. You should be prepared to answer questions such as:


  • What  state is this in?
  • Has anything been filed or reported?

You should also have any relevant tax paperwork ready. When you have this information, you will be ready to have a productive session with the Expert.