Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
Based on the tax laws in effect in 2018, can you pls give me
Based on the tax laws in effect in 2018, can you pls give me an estimated federal and state tax liability that I will owe for tax yr 2019 (filing in 2020) based on the following info:married filing jo… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have a k-1 from an Illinois partnership form 1065 and on
I have a k-1 from an Illinois partnership form 1065 and on the Illinois Schedule K-1P, it shows an addition of $2846 for line 33 (Illinois replacement tax and surcharge deducted). What am I supposed t… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
2,114 satisfied customers
Need instruction on how to file 2016 Extension and
Need instruction on how to file 2016 Extension and submitting Q4 2016 Estimated Tax properly when I have an S-Corp. Specifically: What income to put on the personal return vs S-Corp return. Bank accou… read more
Brian Michels
Brian Michels
Partner, CPA
Bachelors of Business Administration
199 satisfied customers
I live in California and I've been making quarterly
Hi, I live in California and I've been making quarterly installments for both my personal tax return California and Federal estimated installments. I did some rough math on my projected earnings for c… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,826 satisfied customers
I am trying to plan taxes I may owe april 15,2016. I have a
I am trying to plan for the taxes I may owe april 15,2016. I have a capital gain of $86,000 from commercial property sale in 2015. I have a $-53,000 loss in 2015 in a S corp that is closing end of thi… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,826 satisfied customers
Bean counters! I'm self-preparing my 2014 1102S (six month
Hi all bean counters! I'm self-preparing my 2014 1102S (six month extension filed in March). We moved our business from VA to IL in mid-august and re-incorporated in IL Aug 18th. So, I have the Federa… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,621 satisfied customers
I recently relocated from Colorado to Illinois and I work remotely
I recently relocated from Colorado to Illinois and I work remotely from my location in IL. The company is based in Colorado. I have a couple of questions. First, am I able to calculate my state taxes … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I am 23 and graduated from college in May, 2012. I have a
I am 23 and graduated from college in May, 2012. I have a business that I started while in high school and operated part-time in college. My business is registered as an LLC in Texas. It is headquarte… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
3,104 satisfied customers
Myself and two business partners are starting up a holding
Myself and two business partners are starting up a holding company which will have no business operations other than holding 100% equity in our "operating companies." Both the holding company and oper… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,826 satisfied customers
I am selfemployed and i would like to pay my 2011 taxes to
I am selfemployed and i would like to pay my 2011 taxes to IRS partially in advance to avoid big payment at the end of the year. How can i do so?… read more
Tax.appeal.168
Tax.appeal.168
Principal
4,911 satisfied customers
Can someone offer some advice on how to correct reasonable
Can someone offer some advice on how to correct "reasonable wages" for an S Corp (over 2% owner) that has not taken any salary out of the business in 2010? They had no payroll reports filed all year a… read more
Stephanie B.
Stephanie B.
Accountant
Master's Degree
556 satisfied customers
Greetings Last year I turned 59-1/2 and annuitized one of
Greetings: Last year I turned 59-1/2 and annuitized one of my IRA's to pay me approx. $3,000 (pre-tax) per month for the next five years. I am a one man S-corp consulting business and have been deposi… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
6,637 satisfied customers
If I am reasonably sure that my S-Corp will have $100k (factoring
If I am reasonably sure that my S-Corp will have $100k (factoring in equity owed) in profits for 2010, do I have to prepay taxes on that 100k before 12/31? I ask because this will be my corporation's … read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,290 satisfied customers
Hello, I just started an LLC; Im the sole owner. During tax
Hello, I just started an LLC; I'm the sole owner. During tax time, do I have to file a W2? Am I considered an employee of the LLC?… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
I have a small online business and I was wondering if I need
I have a small online business and I was wondering if I need to pay sales tax to my state for sales made out of state and out of country?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Lets see if you are familiar with this income tax question... My
Lets see if you are familiar with this income tax question...: My sister and I have a S corp in florida. she resides in FL and I reside in IL. Illinois residents pay state tax and florida residents do… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
i just realized i did not put a payment in with form 7004 requesting
i just realized i did not put a payment in with form 7004 requesting an extension for form 1041...can i mail it with a copy of the form now?… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I am the beneficiary of a decedent IRA account totalling ...
I am the beneficiary of a decedent IRA account totalling $68,259.27. I want to make a one-time withdrawal of the entire account. This IRA withdrawal would be my only declared income for the year 2006.… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,197 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