Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
My ex husband added my name to the deed in1994 and we
My ex husband added my name to the deed in1994 and we divorced in 1999 and I paid him 25% of the home value. I sold the house in 2016 so for capitol gains tax what do I use? … read more
taxmanrog
taxmanrog
Master's Degree
1,413 satisfied customers
We sold a house for $810k. We bought it in 1973 for $35000,
We sold a house for $810k. We bought it in 1973 for $35000, and we owe a reverse mortgage company $500k. How can I figure out what the capital gains tax will be?… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,503 satisfied customers
We are selling the house in which we have lived years. What
We are selling the house in which we have lived for 37 years. What home improvements can be used for the "tax basis"?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I installed a water filter system for one of my rental property
I installed a water filter system for one of my rental property last year. I should treat it as last year rental property expense or depreciate it for maybe 7 years?… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
I am US citize living in Switzerland. I plan to sell my Ski
I am US citize living in Switzerland. I plan to sell my Ski condo I own since 19 yeras in France. The condo has aklways used for personal occupancy. I have record of the purchase price, I bought unfin… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,503 satisfied customers
Hi there - Below are some considerations I thought of that
Hi there - Below are some considerations I thought of that we can ask. My state income bracket would be the $46K+ which is 9.3% tax rate. What else do you think we need to know? **********************… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
parents signed their house over to two sons, 27 years ago.
parents signed their house over to two sons, 27 years ago. Mom still living in house up to 1 year ago. I paid all house expenses. Brother paid none. He died. I paid lawyer this year to get his estate … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,503 satisfied customers
I bought a duplex (both units occupied by tenants) in Sept
I bought a duplex (both units occupied by tenants) in Sept 2011. The disclosure listed approx 10k in fungus & dry rot + termite damage under the house (wooden sill plates). I am moving into the upper … read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,197 satisfied customers
Can one claim a loss for money paid to a contractor for work
Can one claim a loss for money paid to a contractor for work that was done in 2010 that had to be redone on rental property in 2011?… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,503 satisfied customers
I was divorced in 2007. I had never been on the title of the
I was divorced in 2007. I had never been on the title of the house we lived in. The judge awarded me the house in the divorce. what is my basis. Is it the price of the house when I recieved it or the … read more
Anne
Anne
Master Tax Preparer
2,373 satisfied customers
Sold a duplex 2008 in June, 2008 October my divorce was final
Sold a duplex 2008 in June, 2008 October my divorce was final - I filed taxes 2008 (Single Head of Household - owe Irs 24,000 and State Tax 10,000 - somebody mentioned it to me that I have find all th… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
My wife and I are planning to sell our primary resiidence.
My wife and I are planning to sell our primary resiidence. We will realize a capital gain in excess of $500,000. Does the fact that we are both over the age of 65 and have lived in this residence 37 y… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Bought a second house and moved out of the first house which
Bought a second house and moved out of the first house which we lived in for eight years, rented the first house on and off for three years. I am now selling the first house. What is my capital gains … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,503 satisfied customers
This question is for Lev as he is great. Lev, this i
This question is for "Lev" as he is great. Lev, this is regarding the differences between, "repair, maintenance, and improvements" in reference to rental property. On one of my properties, I have had … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,503 satisfied customers
What can be catagorized as a tax deductable capital improvement
What can be catagorized as a tax deductable capital improvement? How does the IRS define a repair vs. a replacement? My husband submitted expenses to his CFO and they are defining them as a repair whe… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,503 satisfied customers
I had asked a question last January about a property that ...
I had asked a question last January about a property that was deeded to my husband and his brother. I will re-outline that again. Their dad bought the property for $7,000 in 1986. He added a shop to t… read more
Guru_Guy
Guru_Guy
Doctoral Degree
1,634 satisfied customers
My wife and her brother bought their mothers house ...
My wife and her brother bought their mother's house for $1.00 in 1996. Her brother lived in the house and paid all the property taxes and maintenance as the house was his primary residence. My wife pa… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,503 satisfied customers
I sold my primary residence of 30 years for 690000 and ...
I sold my primary residence of 30 years for 690000 and bought another house for 500000. I am 70 years old, and a widow. for capital gains is it the difference between the two or does the purchase of n… read more
Jon Andrews
Jon Andrews
CPA
3,038 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