Archived
Can a father that has joint custody of his child and is paying almost $600.00 a month in child support is he allowed to claim hi
Christopher's answer
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Answered on January 31, 2012
Technically, it is the parent with the highest Adjusted Gross Income, which is usually the same person that has the highest gross income, but not...
Archived
I am in the process of doing a short sale on a home that was discharged in Chap 7 will I have to pay cap gain?
Christopher's answer
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Answered on January 31, 2012
If you have discharge of debt related to you primary residence, you can file a Form 982 with your return to exclude the income. However, since this...
Archived
If I have a nexus in one state and I take pre-orders for merchandise in another state and ship it later; do I collect sales tax?
Christopher's answer
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Answered on January 31, 2012
I must agree. Working out state apportionment issues and such on Avvo is a risky proposition. it is a lot like working out international tax...
Archived
2010 Married 2011 divorced. Hiding information on Taxes
Christopher's answer
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Answered on January 31, 2012
If you had the child for more than half of the year, you should file your taxes as Head of Household and claim the same child. I would include a...
Tax law regarding medical clinical study?
Christopher's answer
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Answered on January 31, 2012
That does not make it exempt from tax. If something is not wages or self-employment income, it is just not subject to employment taxes, but that...
Archived
Can I file taxes on my own this year after past 2 years I filed jointly with my boyfriend but we are not married, in Kansas.
Christopher's answer
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Answered on January 31, 2012
If you were legally seperated on the last day of the year, you can file on your own. If you have the children for more days than your ex, you can...
Archived
IRS agreed to extend notice CP15B and then filed a lien anyway - need help quick
Christopher's answer
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Answered on January 31, 2012
Just because you are cooperating with the IRS does not mean they will not put a lien on your assets. As a matter of fact, the second they realize...
Archived
My employer reported less taxes withheld on my w-2 than they actually withheld from my paycheck what can i do?
Christopher's answer
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Answered on January 31, 2012
All you can do is contact the proper parties and file your taxes correctly. My guess is that if you inform the IRS, they will do the rest. Also...
Archived
Who is responsible for tax on benefit employer provides
Christopher's answer
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Answered on January 31, 2012
I don't think snacks have to be included in income. As a matter of fact, the employer can deduct these at 100% and not include them in income of...
Archived
Can I claim mortgage interest on my taxes on home equity loan?
Christopher's answer
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Answered on January 31, 2012
This isn't exactly simple. This was not used to finance the purchase or repair of the home to it is not qualifies indebtedness. It might fit under...