Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I have a 1099c credit card charge off from 2016. I looking
Hi my names is Joann, I have a 1099c credit card charge off from 2016 . I looking to see if I can have the amount be non taxable due to insolvency. I need help with tax for 982 … read more
Cole Parker
Cole Parker
Principal/CPA
Bachelor's Degree
113 satisfied customers
Received a 1099-c after filing 1040 2016 joint tax return.
Received a 1099-c after filing 1040 2016 joint tax return. The 1099-c is for bankruptcy discharged in 2014. The event date they listed on form is 10-17-2016? This was a equity line on home that was fo… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,719 satisfied customers
Do I need to submit Form 982 w/ a 1040x if F982 is filled
Do I need to submit Form 982 w/ a 1040x if F982 is filled out w/ discharge of a qualified principal residence (1e and 2)? I rec'd a 1099-C for a settled debt for a Promissory Note created in March of … read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,960 satisfied customers
2013 I did our taxes wrong. My husband and I operated a
For 2012 and 2013 I did our taxes wrong. My husband and I operated a small remodeling company under our own names during this time. This was a cash business and I accidentally put it all under me, so … read more
Jonathan Tierney
Jonathan Tierney
MBA
295 satisfied customers
I received 3 1099-C properties that were foreclosed in
I received 3 1099-C for 2 properties that were foreclosed in 2009. These 1099-C are from home equity line of credits 2 of the 1099-C is from my 1st primary residence they are 2nd and 3rd positions - t… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,719 satisfied customers
I already filed my state and federal taxes, and have received
I already filed my state and federal taxes, and have received my return. I did not do form 982 at that time becasue I hadn't received the 1099s from the forgiving debtors. I now whnat to file the 982 … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,719 satisfied customers
My former husband and I both received a 1099-C for the same
My former husband and I both received a 1099-C for the same amount due to a short sale on our home from last year. We are now divorced and filing separately. I used a CPA to prepare my tax return, but… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,719 satisfied customers
I filed chapter 13 bankruptcy in 2009 which included a surrender
I filed chapter 13 bankruptcy in 2009 which included a surrender of my home. I just received a 1099-C tax form from the lender with a identifiable event date of 1/25/13, a identifiable event code 'B,'… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
I filed my family taxes already before the deadline, i filed
I filed my family taxes already before the deadline, i filed a form 982 Insolvency for a couple of 1099-c credit card i received for 1500 dollars. I'm insolvent because i have a property in the proces… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Client stopped making payments on their home at start of 2012.
Client stopped making payments on their home at start of 2012. They moved out of home in March 2012. They received a 1099-A for their first mortgage and 1099-C on their HELOC. All HELOC proceeds went … read more
fastfile
fastfile
Tax Advisor
Master's Degree
550 satisfied customers
I received a 1099-C from USAA for tax year 2012. My house is
I received a 1099-C from USAA for tax year 2012. My house is now in escrow and the title company instructed me to ask USAA to record a reconveyance and provide proof (a letter) stating the reconveyanc… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I filed my taxes and they were accepted. After that I recieved
I filed my taxes and they were accepted. After that I recieved a 1099-C for canceled debt. I did my taxes like I do every year on turbo tax. Turbo tax cannot amend a return if you recieve a 1099-C if … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,719 satisfied customers
We have already filed our income tax for 2010. Today, Feb 10,2011 We recieved in the mail
We have already filed our income tax for 2010. Today, Feb 10,2011 We recieved in the mail a 1099 C from Wells Fargo Bank for forgiveness of a second mortgage after we finally sold our house through "s… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor's Degree
1 satisfied customers
Using the information Im providing, wondering if you can answer
Using the information I'm providing, wondering if you can answer the question in bold letters. My primary resident California short sale closed in Oct. 2010. I just received the 1099-c from Chase for … read more
socrateaser
socrateaser
1,031 satisfied customers
We e-filed with Turbotax early and received a nice refund.
We e-filed with Turbotax early and received a nice refund. THEN we received a "late" 1099C for an amount of cancelled debt (we settled the debt for a lesser amount). We are attempting to file a 1040X … read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
My wife contributed too much to her 401K in 2008 which caused
My wife contributed too much to her 401K in 2008 which caused an excess contribution situation. We received a check back for the amount in early 2009 and were told that we would receive a 1099-R with … read more
Bizhelp
Bizhelp
Certified Public Accountant (CPA)
Bachelor's Degree
638 satisfied customers
I am in a state of panic! We foreclosed on our home in Feb.
I am in a state of panic! We foreclosed on our home in Feb. of 2009. We received the 1099-A form. In box 2 the balance is $171,770.42, in box 4 the amount is $183,216.27. Box 5 is marked "yes". Do we … read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
I need help on filing my tax return. I filed for an
I need help on filing my tax return. I filed for an extension because I have been waiting for a 1099-A or C from my second mortgage since I had a foreclosed property last year. They still send me mort… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,719 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