Archived
Does a US non-resident alien file form 8938 (in mainland USA - not a possession)? I have already filed my 1040NR.
Bruce's answer
|
Answered on April 18, 2015
As page 1 of the instructions indicates, you are not required to file the return because you are not a U.S. citizen or resident, nor do you elect...
Archived
I filed a 1040NR for the first time. I wrote the time I arrived in the states at the top of the form.
Bruce's answer
|
Answered on April 18, 2015
I don't believe that the date at the top of the return is important as long as you fully reported your income for the year. I do not see a reason...
Archived
Am I going to owe capital gains on income property?
Bruce's answer
|
Answered on April 18, 2015
You are asking if you are eligible for the IRC Section 121 $250,000 per person capital gain exclusion for the sale of a residence. If it were a...
Archived
We're a church in Riverside, CA. We have a current 501C3. And Riverside are charging us for property taxes illegally for 8 yrs
Bruce's answer
|
Answered on April 18, 2015
Ms. Harris has given you excellent advice. Read the FTB Publication on "Property Tax Exemptions For Religious Organizations" at...
Archived
Are restaurant tips deductible as a charitable contribution?
Bruce's answer
|
Answered on April 17, 2015
No, you cannot deduct a tip to a server as a charitable contribution.
Filing Form 1120 (U.S. Corporation Income Tax Return) after due date - what are penalties if the return is filed within 60 days?
Bruce's answer
|
Answered on April 17, 2015
As the other fine lawyer indicated, the failure to file penalty is based on the amount of tax.
Archived
I live in CA with green card who sold my house in UK in 2014. Am I liable to pay Capital gains tax here?
Bruce's answer
|
Answered on April 17, 2015
Article 13 of the treaty provides that "Gains derived by a resident of a [country] that are attributable to the [sale] of real property situated in...
Archived
Is there a statute of limitation for IRS tax treaty?
Bruce's answer
|
Answered on April 17, 2015
Your return was due in 2012. There is a 3 year statute of limitations. If you filed late, e.g., October 15, 2015, then the statute is still open.
Archived
How to claim mortgage interest on taxes that cross multiple years?
Bruce's answer
|
Answered on April 17, 2015
You are a cash basis taxpayer so you can claim the mortgage interest deduction in the year that you pay it.
Archived
If someone got a $6,000 tax refund, what's that smallest amount of money they could have made?
Bruce's answer
|
Answered on April 16, 2015
No. There is no way to do a reverse calculation to find out how much money he would have had to make to get a $6,000 refund. He could have made...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained