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Trying to get some clarity. Really hoping you can help. I am
Trying to get some clarity. Really hoping you can help. I am 63 and decided to take social security this past July, so I am currently under the special monthly earnings test. … read more
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Can I work and still receive my full SSDI payments?
Can I work and still receive my full SSDI payments? … read more
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I would like to sell my condo to my daughter at a nominal
I would like to sell my condo to my daughter at a nominal price. She is legally blind and is getting social security. would this affect her benefits. She used to get SSI and was limited to $2000 in resources and income limitations … read more
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I recently received a CP2000 from the irs, stating my 2016
I recently received a CP2000 from the irs, stating my 2016 tax return was incorrect, due to the fact there was a 1099c sent to them from Discovercard. I never received a 1099c from Discovercard to inc… read more
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What's the maximum income limit for earned wages for someone
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Ugh...have a rental property client, received a 1099A but
Ugh...have a rental property client, received a 1099A but bank told them there will not be a 1099C. Looks like they have a gain, but they believe it's excludable. Don't we need the 1099C to determine … read more
emc011075
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I receive RSDI. My dad is blind and so he needs a caregiver.
I receive RSDI. My dad is blind and so he needs a caregiver. There's … read more
Tax.appeal.168
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I am getting a 1099c form (cancellation of debt) and I am on
I am getting a 1099c form (cancellation of debt) and I am on Social Security Disability SSDI. Does this mean my social security SSDI becomes taxable? I will have to pay taxes on the 1099c but I am thi… read more
Lane
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Doctoral Degree
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I am the owner of an S corp. I used to be the main sales
I am the owner of an S corp. I used to be the main sales person for the company. I was injured in 2010 . I am a paraplegic and I have extreme low back pain. I am set up now to "work" from home, which involves looking at reports, Some advertising decisions, answering questions for employees and occasionally calling customers etc. I have a disability insurance policy which required me to apply for SSDI. My attorney at the time said I was not required to report distributions, only my salary of approx $10,000/ year at the time. 3 years ago SSDI sent a work activity report. I contacted a different attorney to ask again about the distributions. I was told by them that I did not need to report it.SSDI just sent me another Work Activity report. Is it standard procedure for them to do this every 3 years? I am getting a little concerned and want to be sure that just reporting my salary of approx $13,000 is not going to cause any issues. The main reason I don't want to lose the SSDI is because of Medicare. Is it possible to not be on SSDI and still recieve Medicare because of my disability ? … read more
Lev
Lev
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Thanks ok so if I am earning $1,000 a month from my sister
Thanks ok so if I am earning $1,000 a month from my sister to watch my nephew it is under the ssdi limit of $1,090 a month and therefore I would be in no jeopardy of losing my ssdi. Is that correct? B… read more
Lev
Lev
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I just received a 1099C from citi mortgage. my house was
I just received a 1099C from citi mortgage. my house was discharged in bankruptcy in 2009. in box 5 it is checked which is saying I am personally liable. I don't understand what this means.… read more
Megan C
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I have client who is collecting term SSDI. He has many items
I have client who is collecting long term SSDI. He has many items that he has purchased at garage sales years ago that he is now looking to sell on Ebay for a large profit. I am trying to find out if … read more
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Robin D.
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What are the maximum annual earnings individual on
What are the maximum annual earnings for an individual on permanent disability? Also, does this earnings total include interest & dividend income & capital gain distributions?… read more
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An s corp client owns a hotel. The outstanding loan balance
An s corp client owns a hotel. The outstanding loan balance is 1.5 million. The bank found a buyer for 1 mil. Additionally the bank will take 3 rental properties and forgive the outstanding balance of… read more
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Small business owner (50% shareholder) had built up $150k payable
Small business owner (50% shareholder) had built up $150k payable to company. (On books as A/R-Officer). He died three years ago and now company wants to clean up balance sheet. (Aside-would his Estat… read more
socrateaser
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Hello, I am on SSDI, for a disability, and worked part time
Hello, I am on SSDI, for a disability, and worked part time last year making about 10,000 in SSDI and 8,000 in employment. At worked I claimed myself, claiming one exemption. My father supports me and… read more
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Incorporating to shield from showing personal income
I am on total disability and receive disability insurance and SSDI. I can't hold a normal job but I have been able to pen a few novels when I'm able to sit at my desk. Making money from writing novels… read more
Lev
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i am single and I have a debt canceled in 2005. Would you ...
i am single and I have a debt canceled in 2005. Would you please help me how to do my tax with this debt canceled? Thanks, Mimi… read more
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