Q&A
Asked by ktrentham54
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi, This can be a problem for both parents. Rather than tell you which of you is eligible, there is a process: Do you have the signed IRS form 8332? Bring this to ...
Q&A
Asked by gospdrcr77
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Sadly, there are many scams. Their target is primarily anyone they can scam. UNDER NO CIRCUMSTANCES SHOULD YOU GIVE YOUR PERSONAL INFORMATION TO A STRANGER THAT CALLS ...
Q&A
Asked by Kelvin
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Kelvin, By deferring until next year, will this lower your tax liability or raise it? Ask your Accountant (preferably a competent CPA) and tax advisor. Also, wi...
Q&A
Asked by Tstepsr67
Answered by Jeffrey Schneider
Tax Professional
An in-law can be a dependent like any other relative. They would be called a qualified relative. The main criteria is that you provide more than half their support and...
Q&A
Asked by ccerickson
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
This article details how to replace a missing or incorrect W-2, but I think the information will be helpful to you. The first step would be calling your employer and a...
Q&A
Asked by rleeedens
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
This article may help you determine the answer you need: https://www.moneytips.com/are-my-social-securi ty-benefits-taxable
Q&A
Asked by pjohnson
Answered by Larry Gilmore
Insurance Agent in Marysville, WA
No. Just the corrected W2
Q&A
Asked by an anonymous user
Answered by Danielle Kunkle
Vice President
Yes your Medicare insurance premiums can be included as part of the medical expense deduction, but just remember your eligibility depends on earnings and spending. You...
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Anonymously. Can you elaborate on "no shares involved" and why "taxes were paid on the amount"? With a stock split (also reverse split) itself, taxes are genera...
Q&A
Asked by Shirley
Answered by Roslyn Lash, AFC
Financial Counselor
It's possible only if they are business related. The purpose for your trip must NOT be for vacation but must be for business. Consult your tax advisor.
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