Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
In 2018 I worked part of the year as a web developer, with
In 2018 I worked part of the year as a web developer, with taxes withheld. For all of the year I worked as a ridesharing service driver, with no withholding. When I filed my 2017 return I expected to … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I file an estimated quarterly tax and was advised many years
Hello, I file an estimated quarterly tax and was advised many years ago to file the last payment (January's) before the end of the year. Why? … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,073 satisfied customers
If I under withheld personal federal income taxes, what are
If I under withheld personal federal income taxes, what are the penalties/interest? Filed no quarterly returns in 2018 Is there a standard where if it was within $X or Y% there is no penalty?How is th… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
28,182 satisfied customers
My husband receives Social Security benefits with about 10%
My husband receives Social Security benefits with about 10% deducted monthly. He also receives Required Minimum Distributions without any taxes deducted. I retired as of Jan. 1, 2018. My only income h… read more
emc011075
emc011075
Tax adviser
Bachelor's Degree
4,368 satisfied customers
I'd like to speak to a tax accountant about what to do in a
Hi, I'd like to speak to a tax accountant about what to do in a situation where I missed paying my 2018 quarterly estimated taxes. … read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,970 satisfied customers
Earlier this year, I sold stock that I had previously
Earlier this year, I sold stock that I had previously acquired by exercising my ISOs as an employee. I didn't realize at the time that I should pay tax following the transaction. The sale was in June.… read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
423 satisfied customers
As I understand it, it would be beneficial tax-wise if I
As I understand it, it would be beneficial tax-wise if I defer my lump sum Social Security retirement payment, $23,000, until 2019 in order to get a lower tax rate. However, Social Security says defer… read more
DK_CPA
DK_CPA
Master of Science in Accounting & Taxationb
382 satisfied customers
Filing single and receiving only $72000 annually in alimony,
Filing single and receiving only $72000 annually in alimony, what is my expected tax liability with no deductions? do I have to make quarterly deposits t IRS to cover liability and to avoid penalties?… read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
423 satisfied customers
I am being faced with a voluntary severance from my
Hello.. I am being faced with a voluntary severance from my employer. The payout could be as early as January 2019. This will be a lump sum roughly 84K. What is the tax rate or percentage that could b… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
2,507 satisfied customers
I retired in May of this year. When I got my pension in end
I retired in May of this year. When I got my pension in end of August I pulled out 20000.00 to pay off bills.. I had 3000.00 with held for federal taxes.Then in end of Sept. I pulled out 15000.00 to b… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have a tax question regarding withdrawal from my 401(k)?
Hello. I have a tax question regarding withdrawal from my 401(k)? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
28,182 satisfied customers
I took an early distribution from my Principal 401k (age 47)
I took an early distribution from my Principal 401k (age 47) after being terminated from my previous employer. Principal withheld the 20% federal tax, and the 'net' was just deposited into my account this morning. 1) 10% Fed penalty for early withdrawal--do I have to pay this in-full immediately, or is this calculated/due when I file my 2018 tax return next spring; 2) I am in Minnesota; Do I have to pay the full state tax immediately, or do I make estimated quarterly payments? … read more
emc011075
emc011075
Tax adviser
Bachelor's Degree
4,368 satisfied customers
Tax Question. Texas. It is a federal estimated tax question.
It is a federal estimated tax question. We have an unusually high income year due to withdrawal from our IRAs to pay off our mortgage. We know we have met the safe harbor requirements through a combination of taxes withheld from the withdrawals and withholding from our pensions using the 110% rule of last year's tax because our income is over $150,000. The questions are: 1. Can we skip the rest of the estimated tax payments through the rest of 2018? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have two 401-K accounts that require a RMD for 2018, if I
I have two 401-K accounts that require a RMD for 2018 , if I take the 2018 withdrawals before April 15, 2019 ,What year will the RMD be taxed , 2018 or 2019 returns.… read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
423 satisfied customers
Ho can I pay taxes on babysitting income begun in January of
Ho can I pay taxes on babysitting income begun in January of this year? I'd like to claim the income so that I can apply for a homeowner's loan and have it apply. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Question re: estimated tax payments and penalty for under
Question re: estimated tax payments and penalty for under withholding:Taxpayer has federal tax liability of $15,000 for 2017 tax year. The $15,000 is what he is expected to pay in 2018, however, he so… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,073 satisfied customers
What if I cannot make my June 15 estimated IRS tax payment
Hi Pearl. What if I cannot make my June 15 estimated IRS tax payment (for around $8800) until July 15? Do I pay the IRS on July 15 and wait for them to assess a penalty (to my knowledge, it is a 5% pe… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,970 satisfied customers
My son worked the first quarter and the last 2 years as a
My son worked the first quarter and the last 2 years as a contractor paid via 1099 and he has setup to pay quarterly taxes since he had to pay each year, now he has found a job that will pay him via W… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 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