Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
Have question about vesting title to property we are
Have question about vesting title to property we are purchasing … read more
Barbara
Barbara
Enrolled Agent
7,617 satisfied customers
What is the difference between a married couple (who files a
What is the difference between a married couple (who files a joint tax return) listing their property as Joint Tenancy with Right of Survivorship and Community Property with Right Of Right of Survivor… read more
Tax.appeal.168
Tax.appeal.168
Principal
4,900 satisfied customers
Is there a tax benefit one way or another in holding title
Is there a tax benefit one way or another in holding title “Husband and Wife as community property with right of survivorship” versus ”Husband and wife as Community Property as Joint Tenants”?If no ta… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,869 satisfied customers
My husband was employed by NYCHA for 27 years. During that
My husband was employed by NYCHA for 27 years. During that time he married me. We had been married 40 years until his passing last month. I know that he did not include me in his pension arrangements … read more
Barbara
Barbara
Enrolled Agent
7,617 satisfied customers
Titling Bank Accounts - What are the differences in titling
Titling Bank Accounts -What are the differences in titling bank accounts to make sure they pass through to a surviving spouse or another individual with out tax ramifications and/or probate issues?Tha… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,869 satisfied customers
My wife has been receiving a 1099R with distribution code 4D
My wife has been receiving a 1099R with distribution code 4D for several years. Line 1 has been the same for all those years and the taxable amount the same as the pension amount. This year the Pensio… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,818 satisfied customers
Why after 18 years since my spouse Shine died, does my 2016
Why after 18 years since my spouse Patrick Shine died, does my 2016 Form 1099-R indicate a 4 (Death) instead of a 7 (Normal Distribution) in Box 7 "Distribution Code(s)"? Is it an error or what? Marye… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,818 satisfied customers
This doesn't satisfy the question at hand. Does the transfer
This doesn't satisfy the question at hand. Does the transfer occur at the transfer date to the children or due to the condition of the life estate does transfer occurs upon death of the second parent?… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,292 satisfied customers
Do I have to pay a penalty On my mothers 401k and pension
Do I have to pay a penalty On my mothers 401k and pension that I received after she passed away?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,818 satisfied customers
Spouse is the received a 1099-R(ret income) & bank acct.
Spouse is the received a 1099-R(ret income) & bank acct. that belongs to his wife who past in 2014. How do I handle> If he rolled it over than what if he just put it in the bank than what… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
,My wife passed away 10 years ago. Is it possible for
Hi, My wife passed away 10 years ago. Is it possible for me to retain her $5M Estate Tax Exemption? I recently read there was an option to file some forms with the IRS to retain that exemption but it … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I live in Arizona and my wife will retire in 18 months. She
I live in Arizona and my wife will retire in 18 months. She is currently in a defined benefit pension which allows her to name either myself or our 28 year old daughter as beneficiary in the event of … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,611 satisfied customers
Ohio Public Employees retirement benefit 1099-R lists distribution
Ohio Public Employees retirement benefit 1099-R lists distribution code as 4. When this code is entered into the tax hardware of an Ohio CPA firm the amount for this 1099-R is deducted from Ohio State… read more
ShawnA
ShawnA
CEO
Bachelor's Degree
2,450 satisfied customers
what are the tax disadvantages and risks of a joint tenancy agreement for a married couple
what are the tax disadvantages and risks of a joint tenancy agreement for a married couple?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have a client who sold a house in Ohio and is exempt from
I have a client who sold a house in Ohio and is exempt from any taxes so I will not show anything on capital gains or loss. The problem is he drew out all his health savings of 29000. and another for … read more
Bill
Bill
Master's Degree
3,132 satisfied customers
Re Ohio State Income Tax. I recently moved here from Pennsylvania,
Re: Ohio State Income Tax. I recently moved here from Pennsylvania, worked/ paid OH taxes for 3 months after my wife passed away in PA. I filed joint Fed return but will file as single in Ohio. BUT, O… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My wife and I have a Will that designates that all our ...
My wife and I have a Will that designates that all our assests go to the surviving spouse should one of us die, are any of these assests subject to Tax consequences if one or the other of us die's? La… read more
WebTaxMan
WebTaxMan
Tax Accountant
Bachelor's Degree
576 satisfied customers
What is the correct way for codes 4 & 7 to be used on a ...
What is the correct way for codes 4 & 7 to be used on a 1099R box 7? My husband died in 2006 and some of my 1099R's have a 4 and some have a 7. The income on some accounts is unchanged and his pension… 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