I have a client that his ex girl friend claimed his son after being broken up over 2 years without his permission (she did claim him once years ago when she was allowed). He now isnt able to claim his son. What route do I tell him to take on this one? He wouldnt have any custody papers with her anywhere as she isnt his mom…
i am planning to sell some land inherited abroad from my dad who passed away a few years ago. Based on the expected sale price and my cost basis, my AGI for 2025 will put me over the threshold when i will need to pay Net Investment Income Tax (NIIT), it seems. Will the capital gains on this sale be considered investment…
Medical settlements are non taxable. Where /how are they entered? The settlement is the money that was used to live because injury resulted in disability and inability to earn income. The IRS needs to see how I afforded to live for the year. I lived off the settlement. How and where do I show this and enter the settlement…
I received a settlement for personal physical sickness. Where do I file that at on your FreeTaxUSA platform? Miscellaneous section? If not there, then where? I was told to use IRC Section 104(a)(2)
I own rental property and depreciate using the 27.5 year method. Can anyone provide clarity around how it works if I started the depreciation on year one, but at year five I lived in it for 2 years (personal residence). After those 2 years, it went back to rental property. In this situation, does the 27.5 year timeline…
I received a 1099-S form for a home that I sold in 2024. It was bought in 2016 for $335,000 when married, and sold for $625,000 after divorce. Once the proceeds were split up, my portion was $143,000. How should this be reported in the "Sale of Main Home" section? Should the "Selling expenses" just be the total sale price…
When, if ever, can Vine product reviewers deduct Amazon 1099 nec income using COGS in USA?
because I AM HEAD OF HOUSEHOLD. But FREE TAX USA is asking me this question?? Dependent Custody (CHILD)Do you have an agreement with Liam's other parent saying who can claim him? NO ONE ELSE CAN CLAIM MY SON! My husband passed away the summer of 2019. Please help me so I can move forward with this ridiculous process!
My spouse and I just got married last year, so I lived and worked in MS for January & February, and then moved to GA after we got married where I then lived and worked in GA for the rest of the year. My spouse lived and worked in GA the entire year. How do I file married jointly with this situation? When I put in my W2…
I am slow traveling overseas, retired, and trying to file taxes, but the tax form will not allow me to put a +1 in front of my phone number and therefore renders my US phone number useless. The phone # is needed to complete the tax filing and therefore needs to be able to accept a +1 in front of your US phone number for…
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