Today TaxMama hears from Eileen in Portland, OR whose client was audited for her rental property, “IRS disallowed her ,000 rental loss claiming this is a Passive deduction for her.https://www.topsedu.xyz/wp-content/languages/new/build-my-resume-for-me.html IRS says she may deduct expenses only up to income on the property. True, she is not a real estate professional and she does have […]
Search Results for: tax deduction
Today TaxMama hears from Barbara in Georgia, who says, “I was sued by my sister after our father’s death. Are these legal fees deductible?”
Today TaxMama hears from Danny in New York City, who tells us, “In 2005 I was working for a consulting firm. as an employee doing doo-dad things for $20 an hour, part-time. In September, I became a consultant for them and worked full-time at a client company. When that happened (September) I continued to doo-dad […]
Today TaxMama hears from Ron in Jacksonville, FL who tells us. “When I filed my 2004 taxes I miscalculated and the IRS sent the Division of Child Support my 00 refund.https://www.giveapint.org/wp-content/languages/new/flagyl.html I was audited and now the IRS wants the $3000 back plus $500. Can I appeal this and is it worth it.”
Today TaxMama hears from Deb in NY whose husband is up to no good. “My husband insists that he can deduct the cost of his laptop and WiFi service as a part of ‘meals & entertainment’. Please tell me if this is true. I have no desire to get one of those ‘we’ve adjusted your […]
Hi! It’s TaxQuips time from TaxMama.buy canadian prednisone online https://mabvi.org/wp-content/languages/new/canadian/prednisone.html no prescription com. Today TaxMama hears from Glenn in NY who tells us, “I have a question about W-2s and how they are compiled. I ask because there is a discrepancy between my year-end payroll stub and my W-2. The total on my W-2 was […]
Today TaxMama hears from Jo Ann in Missouri who tells us, “I was watching the Early Show and watched a tax expert who was talking about deductions of which people may not be aware. At the very end, he mentioned that if you have an adult dependent that needs what my friend calls “mamma sitters”, […]
Today TaxMama hears from Val in Washington, who tells us, “This past year a relative of ours loaned us $70,000.00 to help us build our vacation home. This incredible gift of trust was loaned to us without interest. We are just finishing up the project and will repay the loan in full when we re-finance […]
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?”
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 […]
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 […]
Today TaxMama hears from John in Vermont, who wants to know “I am presently in the midst of a fairly messy divorce with the main fighting being over income producing assets. Are the legal expenses associated with these assets deductible?”