Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
Selling house that will result in $130,000 gain. I'm
Selling house that will result in $130,000 gain. I'm eligible for $250,000 exclusion. Do I still need to file CA 593-E? This will result in my paying 12.3% of the gain as a withholding in escrow. … read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
1,195 satisfied customers
I moved to Arizona from California last year. I'm selling my
I moved to Arizona from California last year. I'm selling my California house now (sale pending). I know I have to pay income tax to California sourced income, but the escrow agent will withhold 3.3% … read more
Barbara
Barbara
Enrolled Agent, Paralegal
12,896 satisfied customers
I bought a house for $760,000 in May 2018. If I sell it for
I bought a house for $760,000 in May 2018. If I sell it for $730,000 this year, will I have to pay CA real estate tax withholding of 3.33% … read more
socrateaser
socrateaser
1,515 satisfied customers
I need to know more about FIRPTA buyer filing requirements
I need to know more about FIRPTA buyer filing requirements … read more
Barbara
Barbara
Enrolled Agent, Paralegal
12,896 satisfied customers
We are looking to sell our California property and curious
We are looking to sell our California property and curious as to our capital gains liability being non resident Aliens ie UK Citizens? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
12,896 satisfied customers
Does anyone know what difference in the real estate
Does anyone know what difference in the real estate transaction if the seller is a foreigner? I think the settlement company will hold income tax? But how the tax will be calculated? Anything else?Tha… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
18,818 satisfied customers
I have some questions regarding Real Estate Witholding :) I
Hello there, I have some questions regarding Real Estate Witholding :) … read more
Barbara
Barbara
Enrolled Agent, Paralegal
12,896 satisfied customers
If a house is jointly owned by an US resident and a Chinese
If a house is jointly owned by an US resident and a Chinese resident, how will the rent income and capital gain be taxed? From taxing perspective, which way pays the lowest tax, house solely owned by … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
44,294 satisfied customers
I'm trying to figure out if i have to fill out this form, i
i'm trying to figure out if i have to fill out this form … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
18,202 satisfied customers
I need help filling out ca form 593c. The sale of my
the sale of my property is in escrow, and they need the form completed. i own a commercial property which i receive rent from a tenant in a building located in the front of the property, in the back is my residence; a single detached apartment located above 3 garages which i also occupy. i have owned and occupied the property since 2006. … read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,401 satisfied customers
Selling a rental property purchased 9 years ago, had to move
selling a rental property purchased 9 years ago, had to move from CA to NH for work, rented out the house for the past 7 years. it was our primary residence. Purchased 525k, selling this month for 310… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
18,202 satisfied customers
Non-resident alien sale of u.s. property...tax implications?
my dad is a non-resident alien and has a house in u.s.a. He is planning on selling the condo which he initially bought for $255,000 in 2008. Fast forward to 2015, the property is worth $300,000. How w… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
18,202 satisfied customers
We are selling a condo with a profit in 2014. It was a second
We are selling a condo with a profit in 2014. It was a second home. Can we avoid paying the full 3.3% California tax on sales price by sending form 593-E to the escrow Co., after calculating net profi… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
18,818 satisfied customers
We are G4 visa holders (husband/wife) and purchased our house
We are G4 visa holders (husband/wife) and purchased our house over 3 years ago as our principle residence. We are now selling our house. I have received various opinions on our FIRPTA liability, with … read more
Anne
Anne
Master Tax Preparer
2,570 satisfied customers
Selling my home in the Bay area of California, I have researched
Selling my home in the Bay area of California, I have researched about federal capital gains tax, but unclear about any state tax after a home sale. I understand about the 250000/500000 deduction for … read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,401 satisfied customers
Does Escrow automatically withhold the 10% FIrpTa upon closing
Does Escrow automatically withhold the 10% FIrpTa upon closing ? Can one instruct Escrow to not to withold FiRPTA with the knowledge you are qualified for exemption due to the $300,000(us) limit and t… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
44,294 satisfied customers
Seller is foriegn national, does not live in florida.
Seller is foriegn national, does not live in florida. lives outside of the united states. Selling home price $385,000. gift of equity is $77,000.oo selling home to family member. what is tax for the s… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
A foreign investor purchased a single family home as an ...
A foreign investor purchased a single family home as an investment for 215K. He spent approx. 7k to improve the home. He will sell the home for 265K. He has owned the home for 3 months. What acquisiti… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 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