Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
IRA Investment information I've been taking a very active
IRA Investment informationI've been taking a very active approach in my personal finances lately and I had a question about my Roth IRA. Now that I am filing jointly I'm not sure I can contribute to a… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
Im getting this issue: At least one Retirement Distribution
HI Im getting this issue: At least one Retirement Distribution (Form 1099R) shows a Roth distribution, but there's no indication of prior-year Roth activity. im not sure how to handle it in hr and r b… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,061 satisfied customers
In years 2013 and prior, I've converted a total of $20,000
In years 2013 and prior, I've converted a total of $20,000 from a traditional IRA to a Roth IRA. The money was taxed at the time of the conversion. I also did contributions of after tax money that tot… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,061 satisfied customers
I'm doing my taxes and have a question regarding deductions.
I'm doing my taxes and have a question regarding deductions. Turbotax asks me if I have a Traditional IRA and/or Roth IRA. I have a traditional 401K and Roth 401k Mep. Is Roth IRA the same as Roth 401… read more
DK_CPA
DK_CPA
CPA
Master of Science in Accounting & Taxationb
1,144 satisfied customers
What are tax rules for an inherited Roth IRA, GA, the
what are tax rules for an inherited Roth IRA JA: Since estate law varies from place to place, can you tell me what state this is in? Customer: GA JA: What documents or supporting evidence do you have?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,061 satisfied customers
Is there a way to put my stock for VC funded company into
Is there a way to put my stock for VC funded company into Roth IRA? Also what if I'm self employed? Can I do Roth IRA?… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,046 satisfied customers
I am 62 yrs old and received a distribution from my
I am 62 yrs old and received a distribution from my company's Roth 401k, can I do a "roll over" with the funds by depositing them into my personal Roth IRA with in 60 days? Thanks,Skip… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I have already tax paid (post tax) contributions to
I have already tax paid (post tax) contributions to traditional IRAs. When taking a distribution, I'm supposed to add together all my IRAs for the total value on Dec 31 of the previous year. Q: Do I a… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,061 satisfied customers
In 2007, for my ROTH IRA, I purchased shares in a California
In 2007, for my ROTH IRA, I purchased shares in a California IRET. The company filed for bankruptcy, and did so. I joined a class action suit against the company and have now been rewarded a settlemen… read more
USTaxAdvising
USTaxAdvising
Partner
Bachelor's Degree
1,099 satisfied customers
I did a traditional to Roth IRA conversion in 2009. On 1/14/10
I did a traditional to Roth IRA conversion in 2009. On 1/14/10 I made a conversion involving the same accounts for 2010. 2 days later I recharacterized the 2009 conversion. Is my 2010 conversion a "fa… read more
Bill
Bill
Master's Degree
3,154 satisfied customers
I am a bit of a high producer employee that maximizes my Roth
I am a bit of a high producer employee that maximizes my Roth IRA. Whilst doing my taxes online, the program stopped me and said that I put too much into my Roth IRA (says that my limit this year shou… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
3,142 satisfied customers
Hello, I wanted some advice on whether I should convert my
Hello, I wanted some advice on whether I should convert my traditional IRA to a Roth IRA. I'm 27 years old and earn roughly $35k a year. I have $20k in a savings account, $8k in an individual investme… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,061 satisfied customers
I was trying to rollover a Roth IRA and filled out the papers
I was trying to rollover a Roth IRA and filled out the papers incorrectly and marked it as a Traditional IRA; the company then had me put it in an IRA then converted it to the Roth. This is not correc… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I am 71 years old. I have a traditional IRA established many
I am 71 years old. I have a traditional IRA established many years ago. Earlier this year, I established a Roth IRA by converting two assets I held in the traditional IRA. The assets have reduced in v… read more
Bill
Bill
Master's Degree
3,154 satisfied customers
can i open a 401k roth in addition to my reg 401 can i put
can i open a 401k roth in addition to my reg 401? can i put moneys in both. some tax deuctable and some after tax in the roth. am i limited as to how much i can donate each year. i'm 65 and i make ove… read more
Bill
Bill
Master's Degree
3,154 satisfied customers
i turned 71 last month and have not taken any distributions.
i turned 71 last month and have not taken any distributions. can i convert my regular ira account to a roth ira account, since i have other funds to draw upon and would like to pass a roth ira on to m… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,061 satisfied customers
Did you have any Roth IRA transactions in a year prior to
"Did you have any Roth IRA transactions in a year prior to 2008?" Why am I an anyone who has a Roth IRA being asked this? Why are they trying to look back into my past? What do they mean by transactio… read more
Anne
Anne
Master Tax Preparer
2,442 satisfied customers
I am 72 years old. On 9/15/06 I took a Distribution from my ...
I am 72 years old. On 9/15/06 I took a Distribution from my IRA in excess of my Required Minimum Distribution (RMD). Then on 1/26/07, I placed some of the excess Distribtion in a Roth IRA account. Sch… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,061 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