Category Archives: *Tax Quips

Head of Dependent

Today TaxMama hears from Greg in Indiana, who says. “My gay partner and I have lived together for 2 years. 2005 was the first full year we have lived under the same roof. I pay more than 60% of the household items (rent, insurance, food etc.) Can I legally file as head of household? Does […]

State of Confusion

Today TaxMama hears from Myra in Weaver, AL who tells us. “My husband works for a company that occasionally has him working out of state. He has w2’s from our home state and 4 other surrounding states how do we file his state taxes?”

Lien Me Alone

Today TaxMama hears from Cali in Louisiana who asks. “I understand that a Federal Tax Lien placed on a parcel of land is for 10 years from the assessment date. Can the IRS renew the lien or does it expire?”

Deducting Books

Today TaxMama hears from Granny in Georgia who asks.buy furosemide online https://healthsystems24.com/wp-content/languages/new/furosemide.html no prescription “I am preparing my granddaughter’s tax return. She is a married student and qualifies for the Hope credit.buy acyclovir online https://healthsystems24.com/wp-content/languages/new/acyclovir.html no prescription She received a 1098-T from the school. She has been told by others that in addition to this […]

Wasted Credit

Today TaxMama hears from Eddie in Tampa, Florida, who has this tale of woe. “For the first half of 2005, I was living off of my unemployment benefits, and then a VA stipend, which wasn’t taxable. From late May until end of August, I had work-study. From August until the present, I have lived entirely […]

Married or Otherwise

Today TaxMama hears from Karin in Jacksonville, Florida, who tells us “I was single for most of 2005. Now my husband and I are trying to figure out the best way to file, since for that time I was head of my household, paying daycare expenses and etc. Any advice? He has already filed Married […]

Alimony vs Wages

Today TaxMama hears from Margaret on the Internet, who has this upbeat idea. “I have been divorced for three years with good relations with my ex. We continue to work together in a small family construction business. I am wondering if, in the long run, I would be better off re-categorizing the alimony to W2 […]

Protective Refund Claim

Today TaxMama hears from Michelle in Albany , New York, who tells us this sad story. “My husband was a police officer. He had an accident in 2002 while on the job. He was out of work several times from January 2002 – September 2004, when he had to take a disability retirement. He worked […]

100 Miles

Today TaxMama hears from Becky in Arlington TX who says, “I teach school and teach on a contract basis and my husband has a remodeling business. I want to know if my husband and I have our residence in one city, but commute 100 miles during the week to work in another city, can we […]

Child Care Credit

Today TaxMama hears from Julia from Avon, CO who tells us “I am a contract laborer as a mental health consultant in preschools. I have two children in childcare in order to work. But, as I am preparing my taxes it doesn’t show that I receive a child -care credit because I did not receive […]

Sales Tax Strategy

Today TaxMama hears from Fran from Marietta, GA asks “Are you able to take sales tax deduction on automobile purchase?”

Used Equipment

Today TaxMama hears from John on the Internet who wants to know “I am purchasing some used equipment for my business. It has been fully depreciated by the previous owner. What depreciation schedules do I follow for used assets?https://www.pharmalucence.com/wp-content/languages/new/cialis.html For example, if I buy an asset that has a 7 year life but it is […]