Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I had questions and a conversation earlier today regarding
I had questions and a conversation earlier today regarding potential capital gains tax on the sale of a single-fam rental property on June 28th of this year. That sale involved the sale of a home we i… read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
1,200 satisfied customers
I have a quick tax question: I have a mutual fund that
I have a quick tax question: I have a mutual fund that apparently paid dividends which in turn were reinvested into my account. That is what I can gather from the website. I did not sell any stock. My… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,022 satisfied customers
Alex purchased 200 shares of ABC stock on June2,2016, for $
Alex purchased 200 shares of ABC stock on June2,2016, for $ 1200. In November2017, ABC issued a 10% stock dividend. How many shares does Alex own now, and what is his basis.… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
42,919 satisfied customers
How do I determine the cost basis of a stock That I
How do I determine the cost basis of a stock That I purchased some 26 year ago and allowed the dividends to re-invest I would have 4 different costs for every year for 26 years. … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,022 satisfied customers
How much repair costs for my rental can i deduct, the woman
the woman living in my rental passed away last August and i had to completely remodel the home. i am doing the work myself and still am. last year i spent 28000 on materials but my tax person told me it can not be deducted until i sell it. … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,757 satisfied customers
Bought commercial rental property 20 years ago for $50,000
Bought commercial rental property 20 years ago for $50,000 and have rented it (at lower than would have liked, so selling and on to new projects). Selling for 80,000 and satisfied with that. Depreciat… read more
PDtax
PDtax
Owner
Master's Degree
5,015 satisfied customers
I need to pay taxes on shares of a mutual fund that I sold
I need to pay taxes on shares of a mutual fund that I sold last year. They were bought 27 years ago when I was living in Germany and for about 10 years jointly owned by my father and me. Dividends wer… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
42,919 satisfied customers
GA-Sha I am working on a plan to sell some stock so that I can invest
I am working on a plan to sell some stock so that I can invest that stock sale money into real estate. I am concerned that my taxable income will go up to high moving me into a higher tax bracket and … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
42,919 satisfied customers
QUESTION (ACCOUNTANT'S ONLINE NAME) ONLY: I am trying to
QUESTION FOR PDTAX (ACCOUNTANT'S ONLINE NAME) ONLY: I am trying to figure out the cost basis for a publicly traded MLP that I sold on the last day of 2014. How do I report the quarterly distributions … read more
PDtax
PDtax
Owner
Master's Degree
5,015 satisfied customers
In filling up the capital gains or losses in form 8949. I have
In filling up the capital gains or losses in form 8949. I have bought a stock originally in 2002 then it merged with another company and its stock split in 2006. I have sold the stock in 2014 and do I… read more
Barbara
Barbara
Enrolled Agent, Paralegal
11,934 satisfied customers
My parents have a A/B trust. My mother died in 1992. In 2011
My parents have a A/B trust. My mother died in 1992. In 2011 my father disbursed my mothers side of the trust to his children. The question I have is associated with the stock that I received. In 2012… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,349 satisfied customers
Thanks for the help, Looks like its going to be a pain to figure
Thanks for the help, Looks like its going to be a pain to figure it out, Ist the IRS going to want documentation on how I get cost basis, ? or pick the cost basis as the day he died and left it to my … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
42,919 satisfied customers
We sold mutual funds in 2010. Started buying the funds in
We sold mutual funds in 2010. Started buying the funds in 1992, had a set $ amount invested each month; each year we reported a dividend on our taxes. I'm calculating the average basis for tax purpose… read more
Stephanie B.
Stephanie B.
Accountant
Master's Degree
556 satisfied customers
I am using Turbo Tax Deluxe. Very easy, however. My Investment
I am using Turbo Tax Deluxe. Very easy, however. My Investment Broker changed my investments from one Mutual Fund company to another, (with my Permission) I received a 1099B from the company I left, o… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,349 satisfied customers
My 18 year old daughter has stock in a UTMA CT started by my
My 18 year old daughter has stock in a UTMA CT started by my mother and I am custodian. She sarted college in 2009 in California and I want to use the stock to pay her expenses. I sold 500 shares on 0… read more
Bill
Bill
Master's Degree
3,163 satisfied customers
I have been receiving 1099-DIV every year, even though my dividends
I have been receiving 1099-DIV every year, even though my dividends are being reinvested, I have been including this to my income and paying taxes. Is this correct? So what happens when I sell the sha… read more
JKCPA
JKCPA
Certified Public Accountant (CPA)
Bachelor's Degree
1,796 satisfied customers
My son has a UGMA account with me as the custodian. He
My son has a UGMA account with me as the custodian. He is now 24 so we liqudated the account this year. Can I add priviously reported and declared LT gains to the original cost plus dividends?… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
Hi, Im wondering how to handle taxes on the sale of
Hi, I'm wondering how to handle taxes on the sale of stock that includes reinvested dividends. I've held the stock for several years and over that time, the dividends have been reinvested. Now that I'… read more
Zhicheng Lai
Zhicheng Lai
Master Degree
426 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

5,118 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

298 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

18,818 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,665 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