Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
Apparently I did not claim 1099-c on my 2018 taxes for debt
Good Morning, Apparently I did not claim 1099-c on my 2018 taxes for debt cancellation and now I received a CP2000 from the IRS. I have been working with a debt relief program and was unaware that I h… read more
Barbara
Barbara
Enrolled Agent, Paralegal
11,871 satisfied customers
I normally file my own taxes online but this year am
I normally file my own taxes online but this year am hesitant to start until I have the answer to this question. A couple of years ago, we started a debt relief program through Freedom Debt Relief. Th… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,063 satisfied customers
My mother received a 1099-C more than two years after her
Second opinion] My mother received a 1099-C more than two years after her death. She died in August 2016; her final 1040 was filed in 2017.The 1099-C was dated 12/31/18 from B of A for cancellation of… read more
Rick
Rick
MBA
1,431 satisfied customers
My mother cosigned on a loan with me some years ago. In
Second opinion] My mother cosigned on a loan with me some years ago. In 2016, the debt was cancelled and I received a 1099-C. I am on a payment plan with the IRS. Today, my mother received a letter fr… read more
PDtax
PDtax
Owner
Master's Degree
5,004 satisfied customers
I need help completing Form 982. I have calculated Part I,
Second opinion] I need help completing Form 982. I have calculated Part I, Line 2, but want to be sure to complete Part II correctly. We were insolvent on a home that went into foreclosure and for whi… read more
Angie
Angie
Bookkeeper, Tax Preparer, Office Manager
393 satisfied customers
Cancellation of Debt ... Client received a corrected 1099 c
Cancellation of Debt ... Client received a corrected 1099 c that she already filed in 2013 and the correction has 10k less debt ... what do I do with that?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
Second opinion] made A MISTAKE O THIS YEAR AND LAST YEAR
Second opinion] Hi made A MISTAKE O THIS YEAR AND LAST YEAR TAXES I DIDNT REALIZE UNTIL MY TAXES ARE DELAYED AND THAT HAS NEVER HAPPENED I FORGOT A W2 LAST YEAr LAST YEAR I FORGOT JOB I WORKED FOR A S… read more
ABC Accounting Group
ABC Accounting Group
Bachelor's Degree
955 satisfied customers
Tax question: 12 years ago I filed 13 bankruptcy. Well I
tax question: 12 years ago I filed for chapter 13 bankruptcy. Well I wasn't able to complete the 5 year program, so it was closed. Now I after 2014 tax returns I got audited. Turns out Discover card s… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
. I got a notice CP2000 from the IRS saying I had a cancellation
Hi. I got a notice CP2000 from the IRS saying I had a cancellation of debt. (2 student loans from JPmorgan Chase) Now I owe them $2339. I never received a 1099-c but I did move from PA to FL this year… read more
PDtax
PDtax
Owner
Master's Degree
5,004 satisfied customers
Is there any programs with NYS tax office in regards XXXXX XXXXX
Is there any programs with NYS tax office in regards XXXXX XXXXX outstanding owed taxes at a reduced rate based on amount already paid?… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
I have filed my federal and state taxes using turbotax and
I have filed my federal and state taxes using turbotax and was accepted on March 14. Since the I discovered that I missed 654.00 in reportable interest income. This was on the 1099 for the federal gov… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
2 separate items related to Rental Prop 1st I recd 1099C
2 separate items related to Rental Prop – 1st I recd 1099C w/amt of canceled debt of 62K w/property FMV of 119K, personally liable for the debt (recourse). The adj basis of the rental prop is 168K. Pe… read more
socrateaser
socrateaser
1,511 satisfied customers
Tax question...We paid $280k for our house in California in
Tax question...We paid $280k for our house in California in 2006. It is a primary residence and we have no other properties. We did not do any refinancing. We had a 1st and 2nd mortgage from the same … read more
Anne_C
Anne_C
Attorney
Doctoral Degree
122 satisfied customers
A 1099 A was issued principal balance owed $416,066 FMV $408,983
A 1099 A was issued principal balance owed $416,066 FMV $408,983 Personally liable, no 1099 c issued. Do you have to report difference at this time as COD.… read more
Anne_C
Anne_C
Attorney
Doctoral Degree
122 satisfied customers
I live in American Samoa. I filed tax with ex-hubby back in
I live in American Samoa. I filed tax with ex-hubby back in 1998. We were divorced in 2003. Tax office levy $50 a paycheck since 1/06 and tax levy was recently lifted since i had submitted innocent sp… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I understand that there is a period of limitations after which
I understand that there is a period of limitations after which the IRS cannot assess additional tax. Does that mean that if I discover that I underreported income after the period of limitations has p… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,063 satisfied customers
Summary The Mortgage Forgiveness Debt Relief Act - do I qualify
Summary: The Mortgage Forgiveness Debt Relief Act - do I qualify if even if my house is *NOT* in foreclosure? Situation: I received an offer from my Mortgage company on my secondary mortgage. If I mak… read more
RD
RD
Self Employed
Master's Degree
1,129 satisfied customers
I need help on filing my tax return. I filed for an
I need help on filing my tax return. I filed for an extension because I have been waiting for a 1099-A or C from my second mortgage since I had a foreclosed property last year. They still send me mort… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,063 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