Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
My son is 22 and at college. He lived at the city where he
My son is 22 and at college. He lived at the city where he was enrolled for all of 2020. He works full time there as well, but is enrolled full time (spring and fall 2020). He wants me not to claim hi… read more
Barbara
Barbara
Enrolled Agent, Paralegal
20,979 satisfied customers
My daughter is planning to attend IMAT in 8/2021. I was told
My daughter is planning to attend IMAT in 8/2021. I was told that money from a 529 savings plan would be taxed if used to pay tuition at this non accredited school. Can I use the 529 savings to pay fo… read more
Barbara
Barbara
Enrolled Agent, Paralegal
20,979 satisfied customers
We pay for college tuition, healthcare, dental, phone, food
We pay for college tuition, healthcare, dental, phone, food and she pays apt rent, utilities and car insurance. This calculates out to more than 50% of expenses. This justifies her being our dependent… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
23 y/o daughter filed her 1040 EZ claiming herself as
23 y/o daughter filed her 1040 EZ claiming herself as exemption. Unable to get credit on our 1040A cause of this is she allowed to do an Amended return removing her exemption or not? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
I'm working on my 2016 taxes, on extension. I have 2 kids in
I'm working on my 2016 taxes, on extension. I have 2 kids in college plus me, full time. I noticed I got the American opportunity credit for only me and my daughter though, don't know why not all thte… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,563 satisfied customers
I received a 1099-Q for a distribution from my daughter's
I received a 1099-Q for a distribution from my daughter's Vanguard Education Savings Account ($10,000). I also received a 1098-T for my daughter's tuition costs ($5000). However the distribution was m… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,563 satisfied customers
my duaghter just rtecd a 1099 for 14k college grant. I s this
my duaghter just rtec'd a 1099 for 14k college grant. I s this taxable ? where do I put it? can i take any deductions?… read more
Dmastcpa
Dmastcpa
Partner
Master's Degree
21 satisfied customers
single mom who did not have custody lived in an appartment.
single mom who did not have custody lived in an appartment. she paid her daughters college tuition which was over 20k. her dad had claimed her as a dependant. does this single mom qualify for head of … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,360 satisfied customers
My daughter is a freshman in college, full time. In 2009 she
My daughter is a freshman in college, full time. In 2009 she received about $50,000 grant from the college she attends; $38,000 of the grant are for tuition and fees. We haven't been given any tax for… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,360 satisfied customers
i pay 1/2 of my daughters tuition/room/board at a state university.
i pay 1/2 of my daughters tuition/room/board at a state university. Here mother in the past has had her as the dependent. She is 19yr, can i claim my portion of the tuition on my taxes? Thanks Jim P… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
I have a 529 account for my granddaughter.She is 16 and with
I have a 529 account for my granddaughter.She is 16 and with her French teacher is palnning a trip to france next ummer. acn she use her 529 account for this purpose? also is a cakifornia 529 deductab… read more
RD
RD
Self Employed
Master's Degree
1,129 satisfied customers
I live in a Midwestern disaster area (Indiana). My wife was
I live in a Midwestern disaster area (Indiana). My wife was a graduate student (more than half-time) in 2008, while living with me. Can I take the tuition-and-fee deduction for her room-and-board (at … read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Tax liability on payment of school loans for daughter.
Our daughter completed grad school a few years ago, and my wife and I want to pay off a slug of her debt. We already gift her the max exempted amount ($12K ea) but understand that as long as we make p… read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
1,663 satisfied customers
Should my 21 yr. old daughter claim herself as an ...
Should my 21 yr. old daughter claim herself as an independent on her taxes now that she will be a grad student, living out of state (and having to claim residency there) and making approx 23,000 a yr?… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Can a gift of 15,000 be given to an institution to pay ...
Can a gift of 15,000 be given to an institution to pay off a student loan and in the same year a gift be given to the same student of 12,000 without any tax penalities. Would that be the same as payin… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,136 satisfied customers
The botXXXXX XXXXXne I believe is this; My daughter is 21 y/o in ...
The botXXXXX XXXXXne I believe is this; My daughter is 21 y/o in college. She's taken out student loans which are deferred. She has a part time job after school each day. I have not paid child support… read more
Sandi Hargrove, SkyHawks
Sandi Hargrove, SkyHawks
Master Tax Pro and Enrolled Agent
Master Degree
1,254 satisfied customers
my daughter is 19years old she lives under my/the roof,of ...
my daughter is 19years old she lives under my/the roof,of which I fully pay all costs . she workks full time,earns approx 11,000 yearly and is a full time college student, for whiich she pays all tuit… read more
Wayne Brasch
Wayne Brasch
Accountant and Business Consultant
Master Degree
718 satisfied customers
My daughter is 23 years old, she is single and lives in my ...
My daughter is 23 years old, she is single and lives in my house. she works part-time. she made 15,000. I filed head of household and claimed her as dependent. Can she still file her taxes as well?… read more
R. Greg Paszkiewicz
R. Greg Paszkiewicz
Accountant
Bachelor Degree
140 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

65,358 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

838 satisfied customers

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

Loren

Loren

Attorney

741 satisfied customers

Over 25 years practicing law

Robin D.

Robin D.

Senior Tax Advisor 4

23,416 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,667 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

< 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