Am I qualified for 50% QSBS exemption ?
I am a bit surprised that if you own a company worth over $50M that you are asking that question on this forum - seems you would have a good tax...
Houston, TX
Tax Lawyer at Houston, TX
Practice Areas: Tax, Business ... +3 more
I am a bit surprised that if you own a company worth over $50M that you are asking that question on this forum - seems you would have a good tax...
I presume this all happened during the one year 2012. If so, then you have not had your H1B long enough to be a us resident, and will file one...
Generally, the IRS requires only filing of last 6 years tax returns. National office approval is required for demand of earlier years. I think you...
If you were married during those years, and you are a us citizen or us resident, you could have elected to have your nonresident spouse treated as...
As mentioned by Attorney Robert, this is a very sensitive issue that ought to be discussed in person with a tax attorney where you have protection...
It never hurts to file a tax return, even if you have no taxable income or no refund due, because you have declared your liability of zero with the...
Good answer from Attorney Linda, but also there is a limitation to claim refunds on prior returns of not more than greater of 3 years since filed...
I suggest you hire a reputable tax preparer to properly prepare and file your return instead of relying on your own poor ability to use Turbotax....
If you are a Texas resident, and claiming to be married under Texas common law, the marriage begins when you begin to "hold out" as a married man...
In addition to the limitations mentioned by Attorney Bruce, and as noted in his reference, in addition to the relationship test, the proposed...