Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I received a consent to tax increase asking me to sign a
I received a consent to tax increase asking me to sign a form to consent to the immediate assessment and collection. What does this mean? They are claiming that I owe 2,114.00. should I sign? … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
8,388 satisfied customers
I rcvd cp2501 from iirs stating I underreported gambling
I rcvd cp2501 from iirs stating I underreported gambling winnings. This was a mistake. I just put the " net" winnings on my return by accident. Now after researching on line I find that in order to cl… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My husband got a form 1099 - R stating he had inherited a
My husband got a form 1099 - R stating he had inherited a lump sum annuity from his mother who died last June. Box 1 says: $ 4818, box 5 says $1282, box 7 says code 4 death benefit, and box 9b says $9… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,494 satisfied customers
Help me understand how my final win/loss amount should read.
Please help me understand how my final win/loss amount should read. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I won 500K on the lottery in Ohio, then I won an additional
I won 500K on the lottery in Ohio, then I won an additional 160K. I have lost about 400K. The IRS has already taxed me on the 500K. 130K in Federal and 50K in State. Since I technically only won $260,… read more
Mark D
Mark D
Enrolled Agent
Master's Degree
1,338 satisfied customers
My husband and I had 20% in a company with 2 other business
My husband and I had 20% in a company with 2 other business partners. At the close of this business we hired attorneys to draw up a settlement agreement that both parties have signed. Now in Oct of 20… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,992 satisfied customers
Did not filed 2012 gambling earnings of 17.500. What are my
Did not filed 2012 gambling earnings of 17.500. What are my options if IRS is saying I owe the whole amount ?… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,992 satisfied customers
I got audited by CA saying I need to include non-lottery
Hi, I got audited by CA saying I need to include non-lottery winnings in my income. I did include this income on my tax form CA 540. I also have losses exceeding winnings. Can I deduct the amt of winn… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,992 satisfied customers
I received a letter from the IRS claiming that I owe tax on
I received a letter from the IRS claiming that I owe tax on about $51,000 in winnings in 2013. Now about 40,000 of that are from W2-G slips from the Taj. My accountant never put in my win/loss stateme… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,108 satisfied customers
In 2013 I withdrew $2750 from my Roth IRA contributions (not
In 2013 I withdrew $2750 from my Roth IRA contributions (not earnings), but forgot to include this in my 2013 return. Just received a letter from the IRS saying I owe $1453 for this unreported "retire… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,992 satisfied customers
I addict in gambling this year. I have lost around 150,000
I addict in gambling this year. I have lost around 150,000 in total, and has sold 110,000 my investment in 401k to pay the loss . The jactport W2-G shows I have won 490,000.Instead, I have lost 150,00… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,992 satisfied customers
I originally filed a 2010 tax returned that reported gambling
I originally filed a 2010 tax returned that reported gambling winnings. I received a noticed from the IRS stating that I owed 962. I filed an amended tax return reporting the gambling loss of 1800. an… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
I am a compulsive gambler. As such, I know I cannot write
I am a compulsive gambler. As such, I know I cannot write off losings, but the IRS would like to tax any money they think I may win. Believe me, I am sure I am behind about 300K at this time. I think … read more
Tax.appeal.168
Tax.appeal.168
Principal
8,682 satisfied customers
I won 5000 at the Casino, but the read out shows more - they are taxing me on mo
I won 5000 from the casino, I got a read out from the casino which showed (the wife and I that went into the machines) 41,591,96. - it also showed taken out 36,316.03. I actually won 5000 and this inf… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,494 satisfied customers
Ive gotten letters from the IRS stating that I did
I''ve gotten letters from the IRS stating that I did not report all my gambling winnings in 2005 2006, and I owe them money. The IRS told me to file a revision with the proof of loss. Can I do this my… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I have been sent a cp2000 and they have none of my W-2Gs ...
I have been sent a letter by the IRS they claim I did not claim several gambling winnings. I sent my W-2G''s and the forms by mail as I was instructed because I filed electroniclly. I have the forms e… read more
Mark D
Mark D
Enrolled Agent
Master's Degree
1,338 satisfied customers
I owe the IRS back owed taxes from gambling winnings. What ...
I owe the IRS back owed taxes from gambling winnings. What are my options as far as a reduction in the amount owed.… read more
Mark D
Mark D
Enrolled Agent
Master's Degree
1,338 satisfied customers
hello. I owe Federal back taxes for years 1999 and 2000. I ...
hello. I owe Federal back taxes for years 1999 and 2000. I have an installment agreement to pay $260/month. Last month i sent a check for $260 and I also sent another check for $50. I explained that I… read more
Tammy F.
Tammy F.
Freelance Writer and Editor, Animal Resc
4,438 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