Q&A
Asked by niklecce123
Answered by Katrina Lessard
Financial Adviser in Scottsdale, AZ
Financial Adviser in Scottsdale, AZ
Special rules commonly referred to as the
"kiddie tax" rules apply when a child has
unearned income (for example, investment
income). Children subject to the kiddie ta...
Q&A
Asked by an anonymous user
Answered by Helen Barbre Stephens
Financial Adviser in Fort Worth, TX
Financial Adviser in Fort Worth, TX
The EITC requires earned income, which
includes any self-employment income. You may
qualify based on your overall income, but you
won't if you don't have earned incom...
Q&A
Asked by Meredith L
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Meredith.
Paul has offered you a great
suggestion with the Injured Spouse (form
8379). Check with your CPA and tax advisors on
getting this completed. Also are y...
Q&A
Asked by Erin
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
Mortgage Professional in Moreno Valley, CA
If the income does not require you to claim on
taxes, such as VA disability, then you can
still use that towards qualifying. However,
if this is "under the table" mon...
Q&A
Asked by Ashley Soto
Answered by Ebrahim Rad
LUTCF , CLTC , MDRT in Woodland Hills, CA
LUTCF , CLTC , MDRT in Woodland Hills, CA
You need to talk with your tax advisor or who
ever prepare your tax.
Q&A
Asked by bgerber_03
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Determining who can claim children as
dependents on their taxes can be complicated
in the cases of divorce or other custody
arrangements. Here's some information about...
Q&A
Asked by trish
Answered by Michael Zaino
President & CEO, TZG Financial in Charlotte, NC
President & CEO, TZG Financial in Charlotte, NC
Congratulations on making that decision! Too
many people just blow their refunds. I would
say the first step is to speak with a
qualified Advisor who will educate you ...
Q&A
Asked by vickicastro75
Answered by David Meyers
Financial Adviser in Palo Alto, CA
Financial Adviser in Palo Alto, CA
The IRS will not directly take your state
refund - your state won't send the money to
the IRS. The state will send you a check (or
make a direct deposit). The IRS wi...
Q&A
Asked by j819Martinez
Answered by Sonia Renea
Financial Adviser in Fort Worth, TX
Financial Adviser in Fort Worth, TX
Are you a 1099 employee or W2?
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