Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
We have about 300K income coming to us. We can choose to
We have about 300K income coming to us. We can choose to take it in 2019 or 2020, or in any combination. What would be the best way to take it to minimize taxes… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,699 satisfied customers
I have a questions about income and expenses crossing over
I have a questions about income and expenses crossing over from one year to the next. … read more
Rick
Rick
MBA
734 satisfied customers
I need to take my IRA RMD at 70 1/2, which is this year
I need to take my IRA RMD at 70 1/2, which is this year 2019. I have read I can take this by April, 2020. I don't want these funds on my 2019 earnings since I am still working and receiving social sec… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,699 satisfied customers
I have a Canadian RRSP which I would like to withdraw from
Hi, I have a Canadian RRSP which I would like to withdraw from to pay off a car loan and my mortgage . I've been living in SC since 2008. I'm looking at taking $175,000 CN and transferring the funds i… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,699 satisfied customers
I am 62 and want to know if I should take 100,000 out of IRA
I am 62 and want to know if I should take 100,000 out of IRA or will this increase my medicare part b payment to much when I apply for medicar in 2022. Will they use this year to figure my payment. Or… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,699 satisfied customers
I have an LLC based in California and have a series of
Hello, I have an LLC based in California and have a series of questions regarding my business and personal taxes. The LLC was formed April 12, 2017 I currently do freelance work as well but not throug… read more
Barbara
Barbara
Enrolled Agent, Paralegal
10,285 satisfied customers
I am currently in the US on F1-OPT (do not pass substantial
Hi, I am currently in the US on F1-OPT (do not pass substantial presence test), and hence an NRA for tax purposes. My H-1B kicks in on October 1st of this year, and is valid for the next 3 years. At w… read more
Barbara
Barbara
Enrolled Agent, Paralegal
10,285 satisfied customers
Turn 70 1/2 January 2019. So have until April 2020 to take
turn 70 1/2 January 2019. So have until April 2020 to take my first RMD. The questions is whether I have to take two distributions in 2020. So confused. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
There is a treaty between the USA and several other
There is a treaty between the USA and several other countries called the Totalization Agreement. It prevents someone who is self employed from paying self employment tax (social security tax) to two d… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,381 satisfied customers
Is their a cost for your advice? 40 years ago I was a tax
No. 40 years ago I was a tax lawyer with a major law firm … read more
DK_CPA
DK_CPA
CPA
Master of Science in Accounting & Taxationb
1,233 satisfied customers
I am thinking of doing a lease option on a deal. I purchased
i am thinking of doing a lease option on a deal. I purchased property let's say on March 1 2019, my question is: the option fee I receive up front let's say on May 20 2019 (which will become taxable w… read more
PDtax
PDtax
Certified Public Accountant (CPA)
Master's Degree
5,971 satisfied customers
Tax Advice: What are the steps that I can take this year to
Tax Advice: What are the steps that I can take this year to increase my itemised deductions for next year tax filing?Apart from State and local tax deduction, medical expenses, mortgage interest, char… read more
Angie
Angie
Bookkeeper, Tax Preparer, Office Manager
393 satisfied customers
I am selling my rental real estate and I have an accepted
I am selling my rental real estate and I have an accepted offer in hand but I'm concerned they may want to want a credit for repairs. In terms of my capital gains obligations wound it be better to low… read more
Barbara
Barbara
Enrolled Agent, Paralegal
10,285 satisfied customers
Lev: 1. What is the due date for the final Federal Income
Lev:1. What is the due date for the final Federal Income Tax return (Form 1040) for the deceased mother? She passed on 03/11/2019. 2. What are the due dates for filing the Estate's Form 1041? Is there… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,699 satisfied customers
Tax question for 1031 exchange. Not yet. I have question for
I have question for 1031 Exchange tax. If relinquished property is closed on January 2019. And plan to buy 2 replacement properties. But if only purchase 1st replacement property(Purchase price for replacement property is higher than the purchase price of relinquished property, but lower than the sale of relinquished property)during 45days and failed to identity 2nd replacement property during 45 days. This case, do I need report tax for 2019year tax return OR 2020 year tax return?… read more
Carter McBride
Carter McBride
LLM
3,081 satisfied customers
I have a question regarding fiscal year election. I'm a
I have a question regarding fiscal year election. I'm a trustee and the sole beneficiary of a trust, and I'm currently in the process of distribution of assets and closing the trust. My accountant adv… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,209 satisfied customers
I will be in april. I will be 70 in april 2019 I will be 71
I will be 69 in april. I will be 70 in april 2019 I will be 71 in april 2020. I have ira account and about four 401 K accounts . Who determins what I am required to take out of either just IRA or IRA … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,699 satisfied customers
Have a client who will be age 70 in Sept 2018, therefore
Have a client who will be age 70 in Sept 2018, therefore going to be 70.5 in Mar 2019.Which Year Dec 31, XXX Acct Balance? Dec. 31st, 2017… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,864 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