Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I have a question regarding when FIFO may apply and when
I have a question regarding when FIFO may apply and when not. FIFO seems to be made for situations where identical shares of security are purchased at different times, then comingled and sold off late… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,319 satisfied customers
I sold some shares from a 401(K) plan, and relized a term
I sold some shares from a 401(K) plan, and relized a long term capital gains of almost 50,000 but I am putting all of the proceeds into another IRA. Is the LONG term capital gains taxable … read more
Carter McBride
Carter McBride
LLM
1,525 satisfied customers
I inherited a Fidelity brokerage account, TOD was 11/16/16.
I inherited a Fidelity brokerage account, TOD was 11/16/16. I transferred the account to another firm. My question, if I withdrawal cash from this account to purchase a home, how would capital gains b… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
IRS is saying that I owe in excess of 250,000.00. I believe
I believe this is due to money I inherited from my father … read more
Tax.appeal.168
Tax.appeal.168
Principal
5,019 satisfied customers
I had a question on tax basis, its about taxes on Restricted
it is just a quick question on how the tax basis is calculated… read more
Mark Taylor
Mark Taylor
Certified Public Accountant (CPA)
Masters
2,454 satisfied customers
A taxpayer received two 1099-'s from two different
A taxpayer received two 1099-B's from two different brokerage firms:One reports like this: Brokerage firm 1.Proceeds (column A Cost Basis (column B) Adjustments wash sales( Col C) Gain or loss(Col D) … read more
Mark Taylor
Mark Taylor
Certified Public Accountant (CPA)
Masters
2,454 satisfied customers
Does a non U.S. citizen who does not live in the U.S. leaves
Does a non U.S. citizen who does not live in the U.S. leaves a TOD of an account in a U.S. bank to another non U.S. citizen who also does not live in the U.S. have to pay any taxes ? One account is in… read more
Anne
Anne
Master Tax Preparer
2,373 satisfied customers
DATE : September 17, 2013 F.A.O.: JAVED IQBAL ABDULRAHMAN Nairobi,
DATE : September 17, 2013 F.A.O.: JAVED IQBAL ABDULRAHMAN Nairobi, KENYA c/o VANTAGEPOINT INVESTMENT ADVISERS LLC WASHINGTON D.C. USA THIS IS NOT A BILL PLEASE RETAIN THIS FOR YOUR RECORDS As authoriz… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,781 satisfied customers
I have stocks and Mutual funds from my deceased fathers estate
I have stocks and Mutual funds from my deceased father's estate they were all owned/titled to his revokable trust. There were also stocks in my late mothers trust. 1. I bleive the stocks in the my mot… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,926 satisfied customers
I am assisting someone in prepared her 2010 individual federal
I am assisting someone in prepared her 2010 individual federal income tax return using Form 1040. In December 2010, she sold shares of common stock in two different companies that were held in street … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I am currently a resident of Rhode Isalnd. I have an ongoing
I am currently a resident of Rhode Isalnd. I have an ongoing dispute with the State of Massachusetts Dept of Revenue as to whether or not I was a Mss resident in 2005 I say I was not and have my Rhode… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
I RECEIVED J.HANCOCK STOCK SEVERAL YEARS AGO WHEN THEY CHANGED
I RECEIVED J.HANCOCK STOCK SEVERAL YEARS AGO WHEN THEY CHANGED FROM AMUTUAL.I RECEIVED MANULIFE STOCK AT THE CHANGE OVER I EXPECTED THIS STOCK TO AID IN MY RETIREMENT IN APR 2010 I DECIDED TO MOVE MY … read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
How do I gift $24,000 of stock to my adult daughter w/o incurring
How do I gift $24,000 of stock to my adult daughter w/o incurring a capital gains tax? Can my broker holding the securities as book entries merely transfer the shares to my daughter's account at a dif… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
In October I sold a stock I had in my Fidelity Investments
In October I sold a stock I had in my Fidelity Investments portfolio, two days after the stock's shareholders voted to merge with another company, which would be tne new company. On-line Fidelity allo… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
My 88 year old mother gave me a gift of 20,000 but when the
My 88 year old mother gave me a gift of 20,000 but when the investment was moved to me I recieved a 1099 that should this as a disbursement. The IRS wants me to pay taxes on this money as income. What… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
if a gift of $1,000,0000 value of stock is gifted in 2008 ...
if a gift of $1,000,0000 value of stock is gifted in 2008 and the gifted maximimum has been reached, can the gift be held untill 2009 if the recipient and the donar are still alive39593.9370605324… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
Im planning to add capital to the trading desk of my
I'm planning to add capital to the trading desk of my S-corp by transferring a stock from the individual account and placing it in a corporate account with another brokerage. Stock was held for 2 year… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
When does ST Capital Gains apply on selling shares of ...
When (in terms of years)does Short Term Capital Gains apply on selling shares of a mutal fund were gains/losses are calculated as First-in-First- out?Optional Information: Michigan38754.8172198727… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 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