Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I'm wondering if I qualify for waiving the early retirement
I'm wondering if I qualify for waiving the early retirement fee on my taxes … read more
Barbara
Barbara
Enrolled Agent, Paralegal
20,979 satisfied customers
Would like info on form 8915-e. Missouri. What has that to
would like info on form 8915-e JA: The Accountant can help. Where are you currently located? Customer: Missouri JA: How old are you? Do you have any dependents? Customer: what has that to do with need… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
I have turbo tax home and business. I took an early
I have turbo tax home and business. I took an early retirement withdrawal how do I access form 8915 in my app … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,360 satisfied customers
I have a question about the early withdrawal penalty of 10%
I have a question about the early withdrawal penalty of 10% from my IRA … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
I'm under financial hardship and need to take a 401k
I'm under financial hardship and need to take a 401k withdrawal. I need to find out how to get the withdrawal without penalties. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
Form 8915E ?? I read one place you have to have a covid
form 8915E ?? I read one place you have to have a covid issue then another that you can use this if you withdrew any eligible retirement fund without reason as long as it was in the 2020 calendar year… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
IRS form 8915 for 2019. What is it?, NV. 81 with 1
I just received a 1099-R form from the TSP and it shows an amount that was an RMD for year 2020. I have redeposited the same funds into my TSP account last August and don't understand what to do with the 1099-R document. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,360 satisfied customers
I want to borrow 60K from my 401k ( I have 2 plans a. With
I want to borrow 60K from my 401k ( I have 2 plans a. With my current employer b. from my previous employment. My 401k plans have decided to not implement the extra benefits enabled by CARES act (spec… read more
Carter McBride
Carter McBride
LLM
8,035 satisfied customers
I plan to file a Form 8915B for my already filed 2018 and
I plan to file a Form 8915B for my already filed 2018 and 2019 tax returns. Do I also need to file a 1040X along with the the 8915B forms. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,360 satisfied customers
A taxpayer qualified for a disaster distribution, $85,000
A taxpayer qualified for a disaster distribution, $85,000 was withdrew from a IRA on 10/30/2017,a deposit of $60,000 in the IRA. What is the tax treatment of the $60,000 deposit?… read more
Dr. Fiona Chen
Dr. Fiona Chen
Certified Public Accountant (CPA)
Ph.D.
9,594 satisfied customers
Casualty Loss for Hurricane Florence Update - With the new
Casualty Loss for Hurricane Florence Update -With the new tax legislation that was passed Dec 20th - It looks like the rules changed to allow a larger loss to be deductible and not have to meet the th… read more
Dr. Fiona Chen
Dr. Fiona Chen
Certified Public Accountant (CPA)
Ph.D.
9,594 satisfied customers
I have a question regarding the application of disaster
I have a question regarding the application of disaster related relief on my 2018 taxes. I see that there is relief for penalties related to early withdrawals of qualified retirement funds if certain … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,360 satisfied customers
My client is going to withdraw my money from 401K account
Roger, My client is going to withdraw my money from 401K account before the end of this Month ( to waive 10% additional tax). He said he needs to fill out a Form 8915B and need to attach it to 2017 Fo… read more
taxmanrog
taxmanrog
Master's Degree
2,202 satisfied customers
IRS Tax Question: Taxpayer took out $30K from 401K and it's
IRS Tax Question: Taxpayer took out $30K from 401K and it's code 1. They said they made it on repairs on their house due to Hurricane Harvey and they believe that they should have an exemption to the … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,197 satisfied customers
IRS Tax Question: Is there an exemption for the early
IRS Tax Question: Is there an exemption for the early withdrawal of a 401(k) due to damage from Hurricane Harvey? Please provide IRS references.… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
6,549 satisfied customers
I have 2017 Disaster Retirement Plan Distribution from IRA
I have 2017 Disaster Retirement Plan Distribution from IRA in the amount of $22,769.00. Due to Tax relief for victims of disaster, I chose to pay 1/3 of the amount ($7589.00) and I got taxed on that a… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,360 satisfied customers
I understand the new tax law just passed waives the penalty
I understand the new tax law just passed waives the penalty for withdrawal of retirement and that a reduction of the casualty loss by 10% of income is no longer taken. I have also been told that the c… read more
Tax.appeal.168
Tax.appeal.168
Principal
8,188 satisfied customers
My question is regarding Tax Form 8606. In 2010, I borrowed
My question is regarding Tax Form 8606. In 2010, I borrowed money from a qualified 401K employer-sponsored plan. I paid federal and state taxes plus the additional 10% for early withdrawal. The remain… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,360 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

6,039 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