Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I started a business breeding yorkie dogs. I bought two
I started a business breeding yorkie dogs. I bought two breeding pairs as puppies in 2017, and have now started to breed them as adults in 2018. I just sold the first litter of 3 puppies, do I have a … read more
Tax.appeal.168
Tax.appeal.168
Principal
8,674 satisfied customers
My mother-in-law has retirement income of less than 40K
My mother-in-law has retirement income of less than 40K total. This year her stock was bought back by the company so this year her income will be over 250K because of this one time big capitol gain. C… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
8,382 satisfied customers
I have a client who purchased a business for $2.3M June 2017
I have a client who purchased a business for $2.3M June 2017 the purchase included 200K down 15K per month for 10 years and a balloon payment of $300K. I'm not sure what to do with the 7 payment made … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,972 satisfied customers
I live in Louisiana. I sold primary residence in California
I live in Louisiana. I sold primary residence in California with net capital gain $303,000. Purchased a home in Louisiana for $195,000 with 110,000 renovation expenses. It is now primary residence. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
TRYING TO GET CREDIT FOR FOREIGN TAXES PAID IN CANADA FOR A
TRYING TO GET CREDIT FOR FOREIGN TAXES PAID IN CANADA FOR A CANADIAN COMPANY. HAVE ENTERED ALL OFTHE INFORMATION ASKED FOR FROM 1099-DIV FROM FIDELITY INVESTMENTS. BUT I AM NOT GETTING A CREDIT. HELP?… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,122 satisfied customers
I sold my silver bars for $9118 bought them for $5245 what
i sold my silver bars for $9118 bought them for $5245 what form do I used 8949 … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
If I want to put around 1-3k into the market, with some in
If I want to put around 1-3k into the market, with some in index funds and some in picked individual stocks. What is the best and most cost effective service to start out using to manage my funds?… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
6,028 satisfied customers
How do I figure the basis for stock that we sold. Also, we
How do I figure the basis for stock that we sold. Also, we rienvested the money with another company. Is it still taxable? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I lived abroad until the end of 1915 with investments in US.
I lived abroad until the end of 1915 with investments in US. I filed 1040 NR. I moved to US in 1916 as a green card holder and was planning to file 1040. Now I have received 1042 - S form from IRS. Do… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
How do I file my 1099-? I have a supplemental along with
How do I file my 1099-b? I have a supplemental along with my 1099 with the cost basis not matching… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I want to sell some stock that was issued to me as restricted
I want to sell some stock that was issued to me as restricted stock and is now fully vested and in my brokerage account. My question is the tax liability when I sell. Will I just pay income tax on the… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have some 166 common stock in a UK company worth about $1500.
I have some 166 common stock in a UK company worth about $1500. It used to pay regular dividends. But now it issues new stock in a new class, which it sells on the market and sends me the sales procee… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My wife and her 2 siblings inherited their mothers house.
My wife and her 2 siblings inherited their mothers house. Her brother decided to buy it and distributed the proceeds --two thirds--to his sisters. My wife received about 100,000 dollars. is that money… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Option A a person on h1 wants to open 100% subsidiary of his
Option A a person on h1 wants to open 100% subsidiary of his foreign company in which he owns all stock and employ a green card/citizen as CEO.Also will be employing his wife to act as director (throu… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I indirectly invested in my friends company 9 years ago when
I indirectly invested in my friend's company 9 years ago when he started it. I gave him money which he added to his money, and his share of the initial stock was issued in his name. All the company's … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Im currently investing in the US stock market through an online
I'm currently investing in the US stock market through an online brokerage and my stock dividends are being deducted by 30% for tax (W-8). I'm a Kuwaiti citizen living in Kuwait. Is there anyway to re… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I boght a stockportfolio and held it 5 years. It went nowhere.
I boght a stockportfolio and held it 5 years. It went nowhere. Then I decided to sell those stocks which did not perform as expected and put all the eggs in one stock. Sad to say, Boston Scientific lo… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have a nearly-identical question as you addressed for someone
I have a nearly-identical question as you addressed for someone last year (I found http://www.justanswer.com/tax/36bx3-report-income-sale-common-warrantes-preferred.html through a Google search). The … 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