• My boyfriend received an audit from the IRS and he's asking me to help him pay.?

    He doesn't receive a w2. He is a self employed construction worker. They are asking for him to pay for the previous 4 years he has not paid his taxes for a total of a little over $36,000 The only problem is he does not have the funds available at the moment. He's asked me if I could pay the bill for him and... show more
    He doesn't receive a w2. He is a self employed construction worker. They are asking for him to pay for the previous 4 years he has not paid his taxes for a total of a little over $36,000 The only problem is he does not have the funds available at the moment. He's asked me if I could pay the bill for him and he'll pay me back, but my question is; If the bill is paid, will that be the last of it? Will the IRS come back asking more? I have money in my savings account that I can use to pay it off, but I just need to know if the IRS will consider it paid and not coming back for more money. He's said that he ran into an emergency a few years ago and he's been playing catch up. I understand things happen. We have been together for 6 months so I know him pretty well to know that he will pay me back.
    56 answers · United States · 4 days ago
  • Does W2 shows the amount of money you’ll get back?

    Best answer: No, your 1040 Tax form.
    Best answer: No, your 1040 Tax form.
    12 answers · United States · 2 days ago
  • I need my 2018 w2?

    15 answers · United States · 2 days ago
  • Reimbursement for job?

    I work for an oilfield company and I drive my car out to a location. They have gas at their business that I fill up with but I drive around 900 miles a month so do I get reimbursement for mileage?
    I work for an oilfield company and I drive my car out to a location. They have gas at their business that I fill up with but I drive around 900 miles a month so do I get reimbursement for mileage?
    11 answers · United States · 1 day ago
  • Can I file my taxes with my last pay stub of 2018?

    Yea I know about the government shutdown, not important to this question. Just wondering if I can file using my last pay stub of 2018. I have all required info. My total income...fed, social security and medicare withholding and my employers federal tax id number and my state doesn't charge tax. I have been... show more
    Yea I know about the government shutdown, not important to this question. Just wondering if I can file using my last pay stub of 2018. I have all required info. My total income...fed, social security and medicare withholding and my employers federal tax id number and my state doesn't charge tax. I have been working there for years so...I know they aren't accepting them until the 28th but I'm going on a trip for 2 months and just want to get this done and out the way so I can enjoy my vaca...plus I won't be home to receive the w2 anyway. I checked my stub from last year and my w2 and they match up. I don't see why this year would be any different.
    19 answers · United States · 4 days ago
  • If I’m claiming self employed do I have to file a 1099?

    So as of last year I started my own home business designing clothes, bags, personalized other things. I did not hire any employees I went out and bought my own supplies and I made 11k in cash off my fashion in an entire year. Everything was created by me and again I had no contractors. Do I need to file a 1099 or... show more
    So as of last year I started my own home business designing clothes, bags, personalized other things. I did not hire any employees I went out and bought my own supplies and I made 11k in cash off my fashion in an entire year. Everything was created by me and again I had no contractors. Do I need to file a 1099 or should I file my side business at all. I did work a regular full time job as well all 12 months while making merchandise. This was my first year with my business and it turned out great I’m just confused with filing taxes if I should leave it out or not.
    9 answers · United States · 14 hours ago
  • For U.S. Federal tax filers - how do you file?

    Best answer: 4. CPA does mine
    I sit in his office & read my newspaper. Takes about 30 min.
    Best answer: 4. CPA does mine
    I sit in his office & read my newspaper. Takes about 30 min.
    10 answers · United States · 2 days ago
  • Help with Uber mile deductions and earnings please.?

    Hello, need some help with the Taxes from working in 2018. I worked for Uber as a weekend thing and then I had a normal working job for the first 7 months of the year. I quit my normal job just to do Uber until the very beginning of December and then I got another normal job. Just need help with how I should go... show more
    Hello, need some help with the Taxes from working in 2018. I worked for Uber as a weekend thing and then I had a normal working job for the first 7 months of the year. I quit my normal job just to do Uber until the very beginning of December and then I got another normal job. Just need help with how I should go around the detections. I have rough starting miles and ending miles of my car for the first of the year to Jan 1 2019. I drove my car roughly 32,000 miles this year with Uber and normal jobs. I made $8,353.29 with Uber and they sent me a 1099 form and it shows I drove 9,310.71 miles while on there app are these miles detectable? If I’m not a math wiz but let me know...54.5 cents per mile = $5,027.78 worth of detections. I didn’t calculate gas or other expenses because I didn’t think of it at the time...sooo what do I do. I’ve never done my taxes and have no idea what to do.
    7 answers · United States · 5 hours ago
  • Capital Gains Tax?

    Best answer: You list off all the trades and their gain or loss, total them all up (plus allowed costs) and if the total is a net loss then you can deduct this from your income (up to $3000 per year, carrying the rest forward to future years).
    Best answer: You list off all the trades and their gain or loss, total them all up (plus allowed costs) and if the total is a net loss then you can deduct this from your income (up to $3000 per year, carrying the rest forward to future years).
    9 answers · United States · 2 days ago
  • Why do people in America let their politcians deny them basic rights like free healthcare and tuition free universities?

    Expensive private healthcare and university is great for the few people who can actually afford it, but free healthcare and tuition free universities for everyone else can also be high quality too though. Just look at the NHS in the United Kingdom and the University of Helsinki in Finland which are both free for... show more
    Expensive private healthcare and university is great for the few people who can actually afford it, but free healthcare and tuition free universities for everyone else can also be high quality too though. Just look at the NHS in the United Kingdom and the University of Helsinki in Finland which are both free for citizens of their respective countries and often EU/EEA.
    12 answers · Other - Taxes · 3 days ago
  • So I have a question about claiming head of household. Tax related?

    So I have a roommate. We split everything 50/50. I m curious if either of us can claim head of household if we have no dependents. Hes and I are just single adults who share a home. Neither is considered a dependent. Taxes are very confusing. Both our names are on the home for the record.
    So I have a roommate. We split everything 50/50. I m curious if either of us can claim head of household if we have no dependents. Hes and I are just single adults who share a home. Neither is considered a dependent. Taxes are very confusing. Both our names are on the home for the record.
    17 answers · United States · 4 days ago
  • Student refund ?

    Best answer: Its common for banks to put a hold on incoming deposits until the money is cleared. If money comes in from a secured source such as direct deposit or a cash deposit, it should be available right away. But with a paper check, your bank has to go to the bank that issued the check and get the funds. There is no... show more
    Best answer: Its common for banks to put a hold on incoming deposits until the money is cleared. If money comes in from a secured source such as direct deposit or a cash deposit, it should be available right away.

    But with a paper check, your bank has to go to the bank that issued the check and get the funds. There is no guarantee there will still be money in that account. Checks can and do bounce - meaning there isn't enough money in the original account to pay the amount written on the check.

    So your bank put a hold on the money until they actually get the money from the other bank. Once the check clears, then they will make the entire amount available for you to withdraw.
    8 answers · United States · 2 days ago
  • Is there any way to file my taxes without my dependant's social security number?

    I just had my second child in December but I have not gotten his social security number yet. Is there any way to file my taxes with him as a dependant without that number?
    I just had my second child in December but I have not gotten his social security number yet. Is there any way to file my taxes with him as a dependant without that number?
    8 answers · United States · 2 days ago
  • If I lie on my tax return and claim head of household instead of single. What are chances of getting caught?

    So I want a bigger return and tempted to claim head of household even though I haven't paid over half of expenses for the year. What are the chances I get audited? My income was under $70,000.
    So I want a bigger return and tempted to claim head of household even though I haven't paid over half of expenses for the year. What are the chances I get audited? My income was under $70,000.
    17 answers · United States · 4 days ago
  • Will I Get a Better Tax Return After Deducting Mortgage Interest?

    They always say "mortgage interest deduction" helps you in terms of how much you owe federal government around tax time, but I ve never "owed" anything, I usually get a return from the Fed of about $3,000 or so. And now, after owning a home for a full year and paying $10,000 in mortgage... show more
    They always say "mortgage interest deduction" helps you in terms of how much you owe federal government around tax time, but I ve never "owed" anything, I usually get a return from the Fed of about $3,000 or so. And now, after owning a home for a full year and paying $10,000 in mortgage interest (everything else in our lives remaining the same in terms of salaries and all that), should I expect a bigger return from the Fed now that I can deduct mortgage interest of $10,000 and $5,000 in taxes from our net income? Thanks a lot, will reach out to CPA to help with taxes but I figured a lot of people on here are just as knowledgable.
    12 answers · United States · 3 days ago
  • CONFUSED - Claiming a new child as a dependent?

    I'm unmarried but I live with the child's father. I'm claiming the child on my 2018 taxes and I'm a lil confused. If I'm single, can I file as a head of household rather than using the single filing status? Can I file for Earned Income Tax Credit? Is the $2,000 tax credit prorated if the... show more
    I'm unmarried but I live with the child's father. I'm claiming the child on my 2018 taxes and I'm a lil confused. If I'm single, can I file as a head of household rather than using the single filing status? Can I file for Earned Income Tax Credit? Is the $2,000 tax credit prorated if the child was born late in the year? (November)
    7 answers · United States · 1 day ago