culture and society
How do I file my taxes without paperwork?
If you cannot get a copy of your W-2 or 1099, you can still file taxes by filling out Form 4852, “Substitute for Form W-2, Wage and Tax Statement.” This f...
Category: Culture And Society
culture and society
When is the deadline to file taxes for a business?
The deadlines to FILE and PAY federal income taxes are extended to July 15, 2020. IRS is offering coronavirus relief to taxpayers. Tax information, tools,...
culture and society
Is gifted equity taxable?
Gifts of equity, like other gifts, aren’t taxable to the recipient. The seller might have to file a gift return. So, if the gift of equity they gave you i...
culture and society
Can students on OPT come back to the US?
This means that you should be able to return to the U.S. after traveling while on OPT as long as you have the required documents: a valid EAD (OPT card) I...
culture and society
Is buying gold and silver coins a good investment?
Should I Buy Gold Bullion or Silver Bullion? While both gold and silver have attractive features, gold is the better investment for the average precious m...
culture and society
When to file a 1099 C for deceased husband?
Do not report this 1099-C on your return. It was your deceased husband’s debt, not yours, and there is no requirement for your to report it on your return...
culture and society
Why was my tax return rejected by someone else?
My return was rejected because “someone else claimed me as a dependent “ on their taxes. No one should be claiming me. How do I fix this issue? First, you...
culture and society
Can you claim back gambling losses?
The big question is one of time. There is nothing in the laws from the Gambling Commission to say that those losses have to be paid back unless the victim...
culture and society
What number do I call to get a real person at the IRS?
800-829-1040 Contact an IRS customer service representative to correct any agency errors by calling 800-829-1040. Customer service representatives are ava...
culture and society
Is the cash inheritance from deceased parents bank account taxable?
The cash inheritance is not taxed by the federal although your state my impose a tax. You will have to report the gains from the stocks whenever you sale ...
culture and society
Can a partnership have an owner who is a corporation?
Any corporation can be a partner in a general partnership, including an S corporation. While a general partnership is not a legal entity, it is a formal b...
culture and society
Where does SEP-IRA go on refund?
This can reduce the taxes you owe in specific ways. For a self-employed person contributing to their own SEP-IRA, contributions are deducted as an adjustm...
culture and society
Can we cancel insurance policy?
Steps to Cancel the Health Insurance Policy You will need to send a written request either offline or online with the details of your policy and the reaso...