Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I had a question about filing business taxes with a
Hello. I had a question about filing business taxes with a co-owner … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
19,392 satisfied customers
I paid IL replacement tax for my partnership in the year
I paid IL replacement tax for my partnership in the year 2019. I talked to a CPA awhile ago and they mentioned that we can add a tax credit on the member's personal 1040's and/or K-1s for the replacem… read more
Carter McBride
Carter McBride
LLM
5,456 satisfied customers
Second opinion] My husband and I have an LLC. We had someone
Second opinion] Hi there! My husband and I have an LLC. We had someone do our taxes last year and I need help! We're a 2 member LLC, but we are married. Last year, our CPA did NOT fill out a K-1, but … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
5,252 satisfied customers
I have an LLC that was filed by a CPA under Form 1065
I have an LLC that was filed by a CPA under Form 1065 Partnership with one Schedule K-1. The ordinary business income is then put as a cash distribution into an Irrevocable Trust … read more
Cole Parker
Cole Parker
Principal/CPA
Bachelor's Degree
113 satisfied customers
In 2017, I formed an LLC with my girlfriend. We have some
In 2017, I formed an LLC with my girlfriend. We have some setup expenses from 2017, but to date we do not have any customers and therefore have made no income from the business. Do we need to file a r… read more
Tax.appeal.168
Tax.appeal.168
Principal
7,892 satisfied customers
I have a rental property that we put into an LLC last year.
I have a rental property that we put into an LLC last year. The LLC holds the title of the property and my husband and I transferred our portions to our individual revocable trusts. Unfortunately, we … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
48,657 satisfied customers
We are trying to figure out how to file our taxes my wife
We are trying to figure out how to file our taxes my wife and I have a home but our son lives with us and we all three start a business together on Amazon and we just realize when he started the busin… read more
taxmanrog
taxmanrog
Master's Degree
2,095 satisfied customers
We have a 3 member LLC, that was formed in August 2014. We
Hi we have a 3 member LLC, that was formed in August 2014. We didn't have income in both 2014 and 2015, we however had expenses that we deducted in schedule C, how do we properly file a our business r… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
19,392 satisfied customers
We obtained FED EIN in 2015 with multimember LLC and
We obtained FED EIN in 2015 with multimember LLC and registered as multimember LLC with AZ State as well. After this in DEC 2015, we amended our AZ articles to just a single member LLC. Our question i… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
5,252 satisfied customers
MEMBER OF A 2 PERSON LLC. WE HAVE A SAFE HARBOR 401K SCHEME
I AM A MEMBER OF A 2 PERSON LLC. WE HAVE A SAFE HARBOR 401K SCHEME AND WE MATCH THE FIRST 4% OF OUR EMPLOYEE'S CONTRIBUTIONS AND OUR OWN. MY BUSINESS LLC PARTNER CURRENTLY CONTRIBUTES 20% OF HIS DRAWI… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
48,657 satisfied customers
My LLC/C-Corp being a 98% member should file Form 1120.
My LLC/C-Corp being a 98% member should file Form 1120. I'm unclear what form the second 2% LLC should file. Could you please clear this up for me. Thank you.… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,394 satisfied customers
A spouse resigned as a member of an LLC in 2013 leaving the
A spouse resigned as a member of an LLC in 2013 leaving the other spouse as the sole member of the LLC. The LLC had always filed the 1065 and issued the K-1's to both members. For 2013, the share of t… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,956 satisfied customers
k1 llc help. I have a California LLC, 90% myself and 10% wife,
k1 llc help. I have a California LLC, 90% myself and 10% wife, is this is considered partnership or one single member llc? when filing taxes for llc, this is a pass thru to members? My tax guy says he… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
48,657 satisfied customers
Starting a new LLC, 2 person partnership. Our business is
Starting a new LLC, 2 person partnership. Our business is in web development services and a shoot off of a high school sports website. Both partners have different physical contributions to the busine… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
48,657 satisfied customers
At the beginning of 2013 I formed an LLC with one additional
At the beginning of 2013 I formed an LLC with one additional member (as such, we are a categorized as an LLC partnership). My questions relates to our tax situation. First, we do NOT have any employee… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
20,865 satisfied customers
My husband and I use the 1040 and file joint. We both work
My husband and I use the 1040 and file joint. We both work FT and have household deductions. In 2010 we created an LLC (partnership) for horse breeding/hay (hobby). We used our personal money for all … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
48,657 satisfied customers
Hi steven, Thanks for your help last year. I have another question
Hi steven, Thanks for your help last year. I have another question this year. in 2009. Myself and a friend created a General partnership and on my EIN Notice when the EIN was requested. It says File f… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
If I was a w-2 employee for 1/2 of 2005 and then started an ...
If I was a w-2 employee for 1/2 of 2005 and then started an LLC. what type of tax return do I file? Optional Information: lexington, South Carolina… read more
Paul Taliefero
Paul Taliefero
Enrolled Agent
Bachelor Degree
110 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

5,764 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

626 satisfied customers

B.A., M.B.A, J.D.

Loren

Loren

Attorney

372 satisfied customers

Over 25 years practicing law

Robin D.

Robin D.

Senior Tax Advisor 4

20,865 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,666 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

< 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