Q&A
Asked by jerry
Answered by Michael Bull
Mortgage Professional in Plano, TX
You will receive a 1099. You also should keep your award letter.
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi anonymous, A self-directed IRA has the same rules as a traditional IRA. If you are a licensed real estate agent or are you eligible for a management fee? You can...
Q&A
Asked by mark
Answered by Robert (Bob) Shoff
Financial Adviser in Marshfield, MA
It depends on the company that manages your 401(k), but there are usually loan options available with no tax.
Q&A
Asked by Nettrickr
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Nettrickr A 1031 exchange is designed to defer taxes. Check with your property attorney for specifics in your situation. The exchange can include like-kind p...
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 rlaughlin
Answered by Stephen Hartel
MBA, AIF in Denver, CO
There have been a few times when a tax law was enacted retroactively, but almost always such laws are forward looking. Changes this year to tax laws would almost certa...
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi anonymous, Higher income is not indicative of higher taxes. What is your compound annual growth rate (CAGR) on the maxed out 401(k)? Is it meeting your lifesty...
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
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