Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I have a question about how gains work for property, when
I have a question about how gains work for property, when identical but deliniated/physically separated.If someone bought 3 of the exact same thing (comic book, car, rare coin) at different times, and… read more
Tax.appeal.168
Tax.appeal.168
Principal
4,891 satisfied customers
I sold stock, received my 1099B, need to report sale as term
I sold stock, received my 1099B, need to report sale as long term but am unable to locate history of my employee stock purchase. On form 8949 Part 2 column e asks for cost or other basis. If I do ‘t K… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,865 satisfied customers
My parents set up a Revocable Trust that they administered
My parents set up a Revocable Trust that they administered until their deaths … read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
2,106 satisfied customers
Robin. I received some "restricted stock unit" distributions
Hi Robin. I received some "restricted stock unit" distributions from my employer last year for which I received a 1099B. The 1099B only shows the quantity of shares, date sold, gross proceeds and cost… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,289 satisfied customers
Requesting Arthur Rubin. Arthur, Thanks for excellent past
Requesting Arthur Rubin. Hello Arthur, Thanks for excellent past service. Contextual Example: I buy a private Placement Stock of an exchange-listed stock X for $10 in January 2016. The $10 price inclu… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have a question regarding 83 election and would appreciate
I have a question regarding 83 b election and would appreciate any help. 1) I was employed by a startup in 2010-2011 where I got stock options which I exercised and file the 83 b election on march 22 … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Does any of us need to file a gift tax return, if I transfer
Does any of us need to file a gift tax return, if I transfer my son $50,000 in equities (stocks) -- he then cashes these equites. And then he transfers me his own equities (also stock but of course di… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,449 satisfied customers
We made a charitable contribution to our church transferring
We made a charitable contribution to our church transferring mutual fund shares 'in kind' on December 27, 2012. The shares were credited to the churches brokerage account on December 28, 2012. So far,… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have company issued RSUs. Ive held them (some date back
I have company issued RSUs. I've held them (some date back to 2008) and not sold at vesting because I believed the company would do well and the stock price would outperform the market, which it has. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,813 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 recently received an award through an arbitration or mediation
I recently received an award through an arbitration or mediation review. The settlement is much less than my actual losses but I accepted to avoid the stress and expense of a prolonged legal battle in… read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,278 satisfied customers
USA - Re need an Expert advice on trading in stocks for taxes.
USA - Re: need an Expert advice on trading in stocks for taxes. TOTAL SHARES PURCHASED - 10,360 SHARES - 4 TIME PURCHASES TOTAL: 1ST on Dates: 4/21/2005 (6200 shares at $15.30 and 200 at $15.16),- the… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
How do I calculate cost basis for a stock whose shares I sold
How do I calculate cost basis for a stock whose shares I sold partially in 8/08, but were bought monthly over a period of 6+ years? Final proceeds from sale is about $200,000. How do I then calculate … read more
Bill
Bill
Master's Degree
3,132 satisfied customers
I own 300 shares of HD. I sold short 100 shares of HD out
I own 300 shares of HD. I sold short 100 shares of HD out of my online margin account on Friday. I did not sell any of the shares I own as I "borrowed" them from the brokerage house. I plan to buy 100… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
Im selling my shares of my former company and will be paid
I'm selling my shares of my former company and will be paid over the course of 5 quarterly payments secured by a note. What is my tax burden and where would I be best advised to put that money?… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Am I required to pay capital gains tax on an amount of ...
Am I required to pay capital gains tax on an amount of $3,629.94 which I received after selling stock in 2007. These stocks were purchased for me by my father when I was a child, and I do not know wha… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
I sold some stock in 2006 to pay off a loan from my ...
I sold some stock in 2006 to pay off a loan from my brokerage firm but, I have no clue as to what the "cost basis" is. Where can I get this info,please? The stock was tranferred to my present acount a… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,197 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