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Received notices 1099-S from IRS issued by title company for
received notices 1099-S from IRS issued by title company for doing flipping house, the proceeds were distributed to deals finder, wholesaling assignment or commission (which is taxable income, so issu… read more
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I have a question regarding estate tax regarding a property
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My mother inherited a house from her deceased husband. She
My mother inherited a house from her deceased husband. She and his surviving son sold the property. She received a 1099-S reflecting $88,000 in gross proceeds. I was with my mother when she settled th… read more
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Mother died in February 2009. There were 5 siblings. Two
Mother died in February 2009. There were 5 siblings. Two lived in the house until September 2019. The house was sold after one of the 2 brothers living in the house died in 2019. The house was origina… read more
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We purchase, renovate and resell real property. We purchase
We purchase, renovate and resell real property. We purchase the property through an LLC (2 managers, same beneficiaries). In 2018, we will incur personal capital gains taxes. Can we avoid all personal… read more
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My Turbotax priemier version will not compute the capital gains tax properly of Form 6252. Installment sle is for 2018 and 2019 and it computes entire tax for 2018 year. … read more
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I believe that there is an error in my Ohio tax return. It
I believe that there is an error in my Ohio tax return. It shows -a return of $5529, which must be thigh. I had $4860 withheld (CS annuity) and $1000 paid on estimated tax on Dec. 26, 2017. Where is t… read more
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I need help to fill out IT-2663 in NY State. I am selling my
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I am a 72 yr. old woman. No responsibilitys. I live with my
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How much capitol gains tax do I pay for a house sale
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Can a corporation sell its interest in an LLC to ...
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I just recently sold my house which I lived in for two ...
I just recently sold my house which I lived in for two years to avoid capital gains. I received a form in the mail 1099S. Do I need to use this with doing my taxes? I was told that you didn't have to … read more
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