Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
My term insurance will give me a payout of $19,674.35. What
my long term insurance will give me a payout of $19,674.35. What would I have to pay in taxes in that sum … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,723 satisfied customers
Still here. We have a special needs son age 21 that receives
we have a special needs son age 21 that receives SSI death benefit which is not taxed. We spent some of his money for items for item out of his money. can we count on taxes … read more
Cole Parker
Cole Parker
Principal/CPA
Bachelor's Degree
113 satisfied customers
Can the premium paid for COBRA insurance be deducted on line
Can the premium paid for COBRA insurance be deducted on line 29? My business shows a profit to cover the premiums and the COBRA insurance is not subsidized by my wife's previous employer. … read more
abci168
abci168
Principal
27 satisfied customers
A taxpayer is self-employed and married and has an HSA, but
A taxpayer is self-employed and married and has an HSA, but did not contribute to the HSA. He is on Medicare and he pays his Medicare premiums from his HSA. Can he count this amount as S-E medical cos… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,013 satisfied customers
Turbo tax states we need $8469 in medical expenses. We have
Turbo tax states we need $8469 in medical expenses. We have $10736.00 in medical expenses. Turbo Tax states we do not qualify, why?… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I got a settlement this year for 28,000 dollars do I have to
Hi I got a settlement this year for 28,000 dollars do I have to pay taxes on that … read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor's Degree
1 satisfied customers
What is the medical bill allowance. I am considering paying
What is the medical bill allowance. I am considering paying off several medical bills, Dentist bills and getting braces. I claim with my spouse and 3 children. My question is at what point will we sta… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I'm filling out Iowa tax form 1040 Schedule A line 2 which
I'm filling out Iowa tax form 1040 Schedule A line 2 which says, ”Multiply the amount on federal form 1040, line 38 as adjusted for disallowance of depreciation 179, from line 14 of the IA 1040 by 10%… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I receive very expensive medication which is paid for by a
I receive very expensive medication which is paid for by a charitable organization. The full amount does count as part of my out of pocket costs. Would it also count as medical expense which could be … read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,013 satisfied customers
My wife and I file jointly each year. We are in our 50s and
My wife and I file jointly each year. We are in our 50's and this is the first year we have accrued enough (maybe) to deduct medical expenses. I spoke with our tax preparer who told me that all medica… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
During 2011 my now 20 year-old daughter cashed some EE US savings
During 2011 my now 20 year-old daughter cashed some EE US savings bonds. Her interest income from them was about 16 thousand dollars. Her entire income for that year including her wages was under 17 t… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
They are working on my ASK account. They said it should be
They are working on my ASK account. They said it should be back on subscription today... I'm using turbo tax and I'm confused again. I'm disabled and have to pay all my medical expenses. As I'm retire… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I bought WCRX in 2010 for the one time $8.50 dividend, which
I bought WCRX in 2010 for the one time $8.50 dividend, which turned out to be a qualifying dividend (or a long term capital gain) and a big mistake. I included the amount of the WCRX dividend on 9b of… read more
USTaxAdvising
USTaxAdvising
Partner
Bachelor's Degree
609 satisfied customers
I have been told I can deduct every mile I drive to work to
I have been told I can deduct every mile I drive to work to my regular job if I have a cottage business. Is this so?… read more
Charles Greiner
Charles Greiner
Owner
Bachelor's Degree
2,436 satisfied customers
This question pertains too tax credits and deductions. I have
This question pertains too tax credits and deductions. I have some deductions that I have already claimed and am pretty happy with the refund so far. I still have 2 more deductions to do, an investmen… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
My husband and I are considering IVF. The fee we will pay
My husband and I are considering IVF. The fee we will pay up front is about $20,000. The fees are due in November of this year so that we can begin the medication and process for the actual IVF during… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Hello, My mother has advanced Alzheimers and my husband and
Hello, My mother has advanced Alzheimer's and my husband and I pay for almost half her monthly care at her nearby residential care home (about $950/month including about $50 for incidentals). Her tota… read more
Lou
Lou
High School or GED
272 satisfied customers
I received an out of court legal settlement from a previous ...
I received an out of court legal settlement from a previous employer after I brought a claim against the employer for back wages, interest and penalties. Does this count as wage? How is it taxed?… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 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