Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I'm filing my taxes a little late for 2018 and I had a
I'm filing my taxes a little late for 2018 and I had a question … read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
930 satisfied customers
I inherited a Roth IRA from my deceased mother. She passed
I inherited a Roth IRA from my deceased mother. She passed in 2017 I cashed it out in 2018. I received a 1099-R while filing my taxes with H&R Block software after completing the forms for the 1099-R … read more
Barbara
Barbara
Enrolled Agent
12,673 satisfied customers
Someone has code 1 for a 401K distribution but they are
Roger,Someone has code 1 for a 401K distribution but they are telling me they are exempt from the penalty because they are “paying a loan back” and bought a first home( which 401k doesn't qualify for … read more
taxmanrog
taxmanrog
Master's Degree
1,808 satisfied customers
I did a The 60-Day Rollover from my employeer 401k to an IRA
I did a The 60-Day Rollover from my employeer 401k to an IRA for which taxes were withheld I returned the money back within 60 days including the taxes which entitles me to get the taxes that were withheld back and I don't know how to get it. what forms to fill ? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I converted my 401k to a Roth 401k with my same employer. I
I converted my 401k to a Roth 401k with my same employer. I received a 1099-R with amounts on line item 1 (gross distribution) and 2a (taxable amount). Distribution code is G. Do I record this on line… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,010 satisfied customers
I was off in Sept 2018 and had an outstanding 401K loan. I
I was laid off in Sept 2018 and had an outstanding 401K loan. I repaid the loan each month through the end of December 2018. My intention was to have the loan hit 2019, but instead I received the 1099… read more
Bill
Bill
Master's Degree
3,157 satisfied customers
I have a question about 401k over contribution in 2017 and
I have a question about 401k over contribution in 2017 and 1099R received in 2018 I over contributed in 2017 and withdraw that amount prior to 4/15/18 (excess amount plus earnings). I added excess amo… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I retired in 2018. My 401K was paid to me, I cashed the
I retired in 2018. My 401K was paid to me, I cashed the check then immediately rolled the full amount over to a Fidelity Investments 401k. The 1099B from my employer shows I received the full amount. … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,894 satisfied customers
I need assistance with how to handle my missed RMD for 2017.
I need assistance with how to handle my missed RMD for 2017. I took the withdrawal online at Fidelity on December 30 and it was too late to have it posted in 2017 so the withdrawal was allocated to 20… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,262 satisfied customers
I'm struggling to complete IRS Form 5329 federal tax return.
I'm struggling to complete IRS Form 5329 for my federal tax return. I'm looking to share my documents and have someone fill out the form. Shared documents: 1st 1099-R - https://drive.google.com/open?i… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,262 satisfied customers
I live in North Carolina and work in Virgina. I receive
I live in North Carolina and work in Virgina. I receive income from where I retired from a NC company. I also withdrew some money from my 401K (early with penalty). I know for calculating Va state tax… read more
Jason M. Tyra, CPA
Jason M. Tyra, CPA
Principal
Master's Degree
168 satisfied customers
I withdrew money from my 401k to purchase rental property.
I withdrew money from my 401k to purchase rental property. I was 61 last year. My daughter is currently renting the house. Is the money I withdrew considered normal income or can it still be considere… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,010 satisfied customers
Employer Paid my Health and welfare benefit to a 401k. I took
Employer Paid my Health and welfare benefit to a 401k. I took spouses health plan instead. The employer paid out the plan because of employment termination. Does this 401k money count as a health fund… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,010 satisfied customers
I as laid off in Nov. 2010, so I ended up defaulting on my
I as laid off in Nov. 2010, so I ended up defaulting on my 401K loan. Will I get a 1099 for this to file my 2010 taxes, or my 2011 taxes since it takes 60 days to default and I don't think it was tech… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,010 satisfied customers
I would like to request that my question be answered by JK_CPA.
I would like to request that my question be answered by JK_CPA. You told me I should report my son's 401K he inherited as income and then fill out form I think it was 5329. Since I fill out my own tax… read more
JKCPA
JKCPA
Certified Public Accountant (CPA)
Bachelor's Degree
1,796 satisfied customers
i have a 401k from a past job with less than $150 in it, do
i have a 401k from a past job with less than $150 in it, do i need to anything special with it for my taxes, i usually fill out the ez 1040 ?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,010 satisfied customers
what forms need to be filled out when I file my income
what forms need to be filled out when I file my income tax if I cashed out a 401k? I know I file 1040 but is there also another form to be completed? Can I file a 1040ez? Taxes were taken out of the 4… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,010 satisfied customers
Made a withrawl of my 401k when I changed jobs. The total ...
Made a withrawl of my 401k when I changed jobs. The total distribution from my 401k was 29280, with 5856 being witheld. So the check I received was for 23424. We used 3000 of this to pay off some of m… read more
RD
RD
Self Employed
Master's Degree
1,129 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