Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
As a US citizen, do I have to pay tax on 1. Income I
As a US citizen, do I have to pay tax on1. Income I received in Thailand and UK? For example dividend income. 2. Inheritance I received in Thailand? For example company stocks.… read more
Barbara
Barbara
Enrolled Agent
13,801 satisfied customers
My son needs $100,000 to buy a house. Can I make him a very
My son needs $100,000 to buy a house. Can I make him a very low interest (say .5%) loan to help him without either of us having to pay tax on it?… read more
PDtax
PDtax
Owner
Master's Degree
4,983 satisfied customers
2 questions.... my mother and father have passed away and I
2 questions.... my mother and father have passed away and I am beneficiary 1) If I close/cash out an investment account (after tax investing). As inheritance is it reportable income or tax liable? 2) … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I moved to California and took up residence in the state on
I moved to California and took up residence in the state on July 4, 2014. I have a portfolio of stocks that I bought over the years. I sold some of these stocks during the period between July 4 and De… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,549 satisfied customers
My dad (not a US citizen) wants to gift me (US citizen, CA
My dad (not a US citizen) wants to gift me (US citizen, CA resident) some money (approximately $1 million). What are the tax ramifications for me? From a tax standpoint, is it better to receive this i… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
are non california capital gains (i.e gain from stocks which
are non california capital gains (i.e gain from stocks which are not headquartered in California, if that is the definition) taxable for a full time california non resident for 2007 taxes (if that mak… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I lost $60,000 from my before tax IRA in 2008 due to the stock
I lost $60,000 from my before tax IRA in 2008 due to the stock market collapse. Would there be any part of that amount that I could have claimed on my 2008 tax return?… read more
JKCPA
JKCPA
Certified Public Accountant (CPA)
Bachelor's Degree
1,796 satisfied customers
Iam retired on SS and made over a million this yr in the stock
Iam retired on SS and made over a million this yr in the stock market my question is what can i do to delay the tax payment ie put money into something and paytax on it each yr as I draw it out. I don… read more
Anne
Anne
Master Tax Preparer
2,551 satisfied customers
I had an IRA investment that is now worthless and stopped paying
I had an IRA investment that is now worthless and stopped paying fees on the account that is was in. This triggered a distribution and income was reported for the tax year. Since there was no income a… read more
Bill
Bill
Master's Degree
3,160 satisfied customers
I am in the process of completing my taxes. Question, if I
I am in the process of completing my taxes. Question, if I took $100,000 out of my IRA and the stock market lost me $200,000, is there anywhere to show a loss without having to pay taxes on what I too… read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
1,663 satisfied customers
If I pull out of the stock market, where can I put the money
If I pull out of the stock market, where can I put the money so I will not have to pay taxes on it as this time?… read more
Bill
Bill
Master's Degree
3,160 satisfied customers
I had a 401k with after tax money inside which was rolled to
I had a 401k with after tax money inside which was rolled to an IRA all during 2007. Now I would like to remove the taxed portion in the form of stocks purchased in the IRA account. The reason being I… read more
Bill
Bill
Master's Degree
3,160 satisfied customers
Retirement plan rollover to IRA, can I draw it out without
Retirement plan rollover to IRA, can I draw it out without paying 20% tax. I am disabled and want to include the "capital gain" in My Tax return. I have a limited lifespan due to serious illness, no h… read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
1,663 satisfied customers
Should I pull my money out of the stock market during ...
Should I pull my money out of the stock market during this recession? Should I place it in a safer place such as a government G fund? I am a federal employee and have lost quite a bit of money for my … read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
my mom has several stocks, that my dad bought many years ago ...
my mom has several stocks that my dad bought many years ago with a basis of about $10,000 or so - today some of them are worth $50,000 to $100,000 eac. my mom is 90 years old, and happily, in great he… read more
Guru_Guy
Guru_Guy
Doctoral Degree
1,634 satisfied customers
Hi XXXXX XXXXX I am 66 yrs old I have some money I
Hi XXXXX XXXXX I am 66 yrs old I have some money I want to try to invest. We have enough money to pay our regular bills. I want to know where I should do with it,and should I buy both retirment rule a… read more
Guru_Guy
Guru_Guy
Doctoral Degree
1,634 satisfied customers
My Mom has died and her house in CA is to be sold and devided up ...
My Mom has died and her house is to be sold and devided up 5 ways with the siblings, are there taxes that need to be paid, I know CA does not have an inheritance tax, but I live in Mass… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
I am 93 years old.I want To give my three children ...
I am 93 years old.I want To give my three children $100,000.00 ea. do I pay them now or do I pay them paid opon death? If children recieves money are they better off investing in rental property or in… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 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