Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I am selling a townhouse in Ca for 580k and buying a house
I am selling a townhouse in Ca for 580k and buying a house in NC for 530k. I have lived in the townhouse for the past three years and it has been my primary residence. I would like to understand what … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,892 satisfied customers
I sold 2 houses last year. one was my home and the other was
I sold 2 houses last year. one was my home and the other was a home i inherited. Both were sold at a much lower price then the value. I was issued substitute forms for 1099S. i sold the houses many mo… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,892 satisfied customers
Are Real Estate brokers required to file a 1099 for split
Are Real Estate brokers required to file a 1099 for split commissions to another broker paid by a seller through an escrow company … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,892 satisfied customers
Should I have received a 1099 or s when I sold my house? No
should I have received a 1099 b or s when I sold my house? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
What do I need to do when I sell my main (only) home, and
What do I need to do when I sell my main (only) home, and use the money to buy another home? … read more
Barbara
Barbara
Enrolled Agent
12,442 satisfied customers
I have a client that purchased a home 50/50 with his brother
I have a client that purchased a home 50/50 with his brother for $500,000 in 2014. The brother put down $250,000 cash and my client borrowed $250,000 from an individual. The brother lived in the home … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,892 satisfied customers
Lane, I was wondering if you could walk me thru form 8949
Good Morning Lane, I was wondering if you could walk me thru form 8949 re: my sale of a duplex which is 1/2 personal residence and 1/2 to be a deferred exchange in which is a buy down in 2018 and I wi… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,602 satisfied customers
I sold my principal residence (a condominium) last
Hello: I sold my principal residence (a condominium) last year and gave a contract for deed to the buyer for a portion of the purchase price. I just sold the contract for deed to a bank. At closing, t… read more
Gina CPA
Gina CPA
18 satisfied customers
When selling a house to a national organization at a loss,would
when selling a house to a national organization at a loss,would that organization report the sale?I don't need another loss.… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
I sold my main residence as a seller finance. The mortgage
I sold my main residence as a seller finance. The mortgage remains in my name until he either pays it off or does a re fi. He has a warranty deed with vendor's lien, a wrap around deed. We have a sett… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,260 satisfied customers
My sister, brother and I inherited our parents home after they
My sister, brother and I inherited our parents home after they deceased. We have recently sold the home. My sister was on the title, so the check for the sale of the house went to her. She is planning… read more
winktax
winktax
Enrolled Agent
Master's Degree
425 satisfied customers
Two men, who own an apartment in NYC as joint tenants with
Two men, who own an apartment in NYC as joint tenants with right of survivorship, are closing on selling the apartment. They are both listed as owners on the mortgage, however, over the years one paid… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
I was a co-signer when my brother bought his primary house
I was a co-signer when my brother bought his primary house in 1994. I was not a primary resident of the said house and it was not used for business either.The house was sold as a "short sale" last Nov… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
Hello...I bought a house with a friend and we sold it...I can
Hello...I bought a house with a friend and we sold it...I can show that I made all the payments and she never lived in the home but the loan was in her name...how do I claim the gain etc now that the … read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Do I report , in my tax return, a 1099-S I received
In 2008 I sold a home that I qualified for the $500K exemption -- completed worksheet 1 & 2 of Pub 523. The net gain was less than 500K so I do not have to list in schedule D. I also received from the… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
Im trying to determine if capital gains taxes apply in this
I'm trying to determine if capital gains taxes apply in this situation, and my mind is spinning in circles.. think I'm over analyzing, and need someone to help me stop it! Deed for house was issued in… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Hello, My wifes mother passed away in 2007, in Sept of 2008
Hello, My wife's mother passed away in 2007, in Sept of 2008 my wife's family sold her mother's house. There are 5 children in the family who split the proceeds from the sale of the house. What are th… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
What is the treatment to amount reported on 1099 S, I got ...
What is the treatment to amount reported on 1099 S, I got one which is in the name of the seller, how do I report this amount… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 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

4,937 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

261 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

17,888 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,659 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