Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I purchased an abandoned house in April 2018 along with a
I purchased an abandoned house in April 2018 along with a "partner" Bob for $20K. The plan was that i was going to front all the costs (including the 20K), and in exchange Bob was going to manage all … read more
taxmanrog
taxmanrog
Master's Degree
2,944 satisfied customers
My ex-wife is doing a cash out refinance of a home we still
My ex-wife is doing a cash out refinance of a home we still jointly hold title to. I will relinquish my share of the title when she does this, and she will pay me a share of the equity. (240,000 left … read more
Lev
Lev
Tax Advisor
33,985 satisfied customers
MY wife and I gifted a home to our daughter and son-in-law
MY wife and I gifted a home to our daughter and son-in-law in 2016. I am trying to complete the form 709 for the gift. Can you help me complete the form property? … read more
Lev
Lev
Tax Advisor
33,985 satisfied customers
I married my wife twice- first divrc. Sttmt. 9/1995 Gave her
I married my wife twice- first divrc. Sttmt. 9/1995 Gave her $20k- (equity &retiremt funds) . Remarried2/14/1999. My wife used the $20k for down pymt on our house-. fastforward to 2016 - have filed fo… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
10,622 satisfied customers
Greetings. I am seeking a second opinion on this question.
Greetings. I am seeking a second opinion on this question. My wife and I own our own business and are filing as a qualified joint venture. My question is is a SEP-IRA an option for us? We do not have … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,104 satisfied customers
Situation: My client is an S corporation that is selling a
Situation: My client is an S corporation that is selling a lot owned by the corporation. The owner of the S corporation is divorced and part of the divorce settlement is a stipulation that when the la… read more
PDtax
PDtax
Owner
Master's Degree
9,534 satisfied customers
In a divorce settlement. Say there is $20k in cash and $20k
In a divorce settlement. Say there is $20k in cash and $20k in a 401k. If one person wants only cash how do you account for the penalties and taxes to a 401K disbursement?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I collect a pension which has not been split with a qdro needed
I collect a pension which has not been split with a qdro needed by the pension manager. The full payment comes to me and if I pay my wife here settlement amount is there tax on it for her. Neither the… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,926 satisfied customers
I need help filling out Schedule A Part 1 of form 709. My
I need help filling out Schedule A Part 1 of form 709. My wife and I gifted 64,000 to our son and his girlfriend as a downpayment. The check was made out to just my son so I am assuming the gift is ju… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,104 satisfied customers
ON a 1031 exchange, I have a TIC which will be closed out in
ON a 1031 exchange, I have a TIC which will be closed out in 3 to 4 month. There is a substansial loan, which will be paid off at closing. Does the amount of the loan, influence a new 1031 exchange? T… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,926 satisfied customers
The mortgage is in wifes name, but deed in both spouses names
The mortgage is in wife's name, but deed in both spouse's names and mortgage paid from joint account. Legally separated in 2013, divorce filed in December, but signed by Judge in January 2014. The Mar… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,104 satisfied customers
When my ex-wife and I divorced 23 years ago, the Judgments
When my ex-wife and I divorced 23 years ago, the Judgments said that we should split our two rental properties, but we did not. My ex-wife had been collecting all the rents from both properties for th… read more
socrateaser
socrateaser
43,144 satisfied customers
A couple is in the process of getting divorced in 2009 & physically
A couple is in the process of getting divorced in 2009 & physically separate. The husband wants to file a joint return & itemize deductions. The wife proceeds to file her own return MFS & does not ite… read more
Dave CPA
Dave CPA
Master's Degree
882 satisfied customers
My wife and I started a small side business LLC in 2011 and
My wife and I started a small side business LLC in 2011 and made about $30k. Since neither of us have good retirement savings yet, we want to reduce the taxable amount of that $30k by putting as much … read more
Lev
Lev
Tax Advisor
33,985 satisfied customers
My husband and I are divorcing. Instead of selling the house
My husband and I are divorcing. Instead of selling the house and splitting the proceeds, we agreed (and the courts did, too) I would receive a cash settlement. What are the tax ramifications of the se… read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
968 satisfied customers
Im not sure if this is about capital gains or property tax. My
I'm not sure if this is about capital gains or property tax. My husband and I are divorcing and being unable to sell our 4 bedroomed house we came to an equitable solution where we plan to convert out… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I received an Equalization of Assets payment from my ex-husband
I received an Equalization of Assets payment from my ex-husband on December 26, 2008 related to a divorce that was finalized on June 10, 2008. The divorce language is "Husband agrees to pay wife $18,9… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I got divorced last year, and I have tax questions.
I got divorced last year, and I have several questions regarding my taxes and my ex-wife's taxes. The questions require a lot of background information first. How can I go about getting these question… read more
Lev
Lev
Tax Advisor
33,985 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:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

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

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< 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