Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I am a one man LLC and I provide consulting services as a
Good morning, Pearl. I am a one man LLC and I provide consulting services as a technical advisor on research and development programs within the US Department of Energy. I am paid by 1099 and my compa… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,018 satisfied customers
We have just been told we need to pay back over 20k to fed
We have just been told we need to pay back over 20k to fed gov't, for AHCA coverage,because of increased income in2017. Any recourse to this issue? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,440 satisfied customers
Obama care penalty Single adult no children 6 months without
Obama care penalty Single adult no children 6 months without healthcare Adjusted gross income$11597.… read more
Cole Parker
Cole Parker
Principal/CPA
Bachelor's Degree
238 satisfied customers
I claimed my 20 year old son as a dependent and he had a
i claimed my 20 year old son as a dependent and he had a child December 26th 2017 … read more
Tax.appeal.168
Tax.appeal.168
Tax Accountant
5,154 satisfied customers
Mme, Gentlemen, My question is: a single woman ,younger that
My question is: a single woman ,younger that 60 years of age with annual income of $35,800-has no health insurance coverage,because she just could not afford after paying for the basic monthly expenses and student loans...What is the poverty line percentage for 2017-what she can do about a health care coverage fpr 2017 and therefore for 2018-what is your suggestion -I heard that for 2018 will be no more penalties . Please advise.Thank you. … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
8,374 satisfied customers
RE: Health insurance premium tax credit. I have an S corp
RE: Health insurance premium tax credit. I have an S corp that lost money last year but paid full price fro insurance on MD health exchange. TUrbotax shows that because my taxable income is less than … read more
Carter McBride
Carter McBride
LLM
3,128 satisfied customers
This is a health insurance question. A friend of mine lost
This is a health insurance question. A friend of mine lost her job in April 2017. She earned approximately $45k in 2017 through her employer and has been on employment since June 2017 to the tune of a… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,440 satisfied customers
If I have a mortgage over 500,000 and I purchased my home in
If I have a mortgage over 500,000 and I purchased my home in 2017 am I grandfathered in to deduct my mortgage interest above 500,000 or do I lose out on my mortgage interest deduction above 500,000? T… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
The repayment cap for ACA tax credits is $1250 for 300-400%
The repayment cap for ACA tax credits is $1250 for 300-400% above poverty line. Mine is 356% but my tax preparer advises I owe $3800 in repayment based on the info on my form 8962. Why wouldn't the ca… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,902 satisfied customers
Earlier last month, you help me with some questions that i
Hi earlier last month, you help me with some questions that i had with my income tax i have some questions, my premium credit in 2015 was a total of$3480 (290 per month) my monthly payment was 287.69 … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,902 satisfied customers
Please unlock so Lane can answer. Thanks! Lane, Question
quot;For Lane" Please unlock so Lane can answer. Thanks!Hi Lane,Question regarding Obamacare subsidies. A self-employed individual applies for health insurance through the Affordable Care Act and esti… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,902 satisfied customers
I was enrolled in graduate school in 2013 and claimed the
Customer: Hi, I was enrolled in graduate school in 2013 and claimed the education credit on my return (line 49) The IRS sent me a letter (Notice of Deficiency) for an unrelated matter, and removed the… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I am a divorced woman who filed last two years. My income
I am a divorced woman who filed for obamacare for the last two years. My income which comes from alimony that I receive monthly is 21,000 a year. I have a 401 K of which I borrowed 20,000 last year to… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My daughter, not my dependent (over 26), enrolled in Obamacare
My daughter, not my dependent (over 26), enrolled in Obamacare in April last year, after her college program that provided insurance was cancelled. At that time she figured she would go back to work a… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
8,374 satisfied customers
I have a client that lives in Missouri and enrolled in a health
I have a client that lives in Missouri and enrolled in a health care plan through the Marketplace. We estimated income for 2014 at $15,000 and received a tax credit $5,472 which we used to reduce the … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,902 satisfied customers
When I applied for a tax credit for health care online, their
When I applied for a tax credit for health care online, their response was "You are eligible for a tax credit equal to $0. Because the amount you are expected to contribute to health coverage under th… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Hello, Im trying to get a small business grant through
Hello, I'm trying to get a small business grant through a nonprofit called Mercy Corps Northwest. In order to qualify for this grant I have to have an AGI of $21,780 or less. The problem is that my gr… read more
Anne
Anne
Master Tax Preparer
3,422 satisfied customers
Greetings, Im trying to fill out a new w4 to reflect the fact
Greetings, I'm trying to fill out a new w4 to reflect the fact that I have lots in student loans (and interest) to maximize my net take home. What line do I include it on?… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
924 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