Taxes & Economy Page 11

Taxes & Economy Questions

New Cash App Tax Law

Hi Terry. After my recent divorce (2021), I stayed in my home (which was discharged in BK long ago) and..

Cash Apps

Will cash apps like; Zelle, Venmo, QuickPay, etc, be reporting personal accounts that receive money over a certain threshold to..

Taxes

I was called for jury duty in April 2021 in Du Page County, will I get a 1099 from the..

3rd Stimulus

The 3rd economic impact payment was based on the 2020 tax returns but was an advance on the 2021 tax..

Tax filing

I’m 74 and I only receive social security. After I apply my standard deductions my income is below 10K do..

taxes — sharing deductions for house

My son and his girlfriend bought a house in 2021. They aren’t married so they file separate tax returns. How..

IRS pin number

Last year i was able to obtain a pin number from the irs, is that being done this year and..

I’m on Social Security and do I need to file taxes?

I’m on Social security and made 20,466.00. That is my only income. In December I won $1,900.00 in my church..

Electronic Filing of Federal Tax Return

Hello Terry. My wife had me listen to an interview with on (I believe on WGN) where you stated that..

1099-s form

What info do I need to give my tax preparer about a 1099-s form. My siblings and I inherited th..

Fraudulent taxes filed

My daughter found out that someone had fraudulently filed her taxes for 2020. Her tax man filled out the forms..

W-2s

How do I get my w-2s from past years? I need 4 or more. Thanks

Tax return

I filed my IRS taxes on time for 2020. Using the website showed when it was received . I had..

Capital Gains and 1031

Hey Terry, If you sell stock and have a lot of Capital Gains to pay can you roll into a..

CP-80 IRS Notice

This is not a question. I read your article. I got my CP-80 letter yesterday (surprise!). The experience you described..

Federal tax refund

What can I do if I have not received my 2019 federal tax refund?

IRS letter indicating ‘We haven’t received your tax return’ Terry gets IRS answer!

Hi Terry. No question this time – I just want to alert your readers that the IRS is now sending..

2019 Tax Return Refile? Help

My 2019 tax return has still not been processed. I can’t get through on the phone with the IRS. I..

Quarterly payments and sold condo at a loss

I recently received Long Term Dividents of $68,571 and Short Term Div. of $18,124 plus regular div.of $2,332. I have..

Social security tax — how to decide withholding

I’ve started collecting my SS and am currently not having taxes taken out. I know you fill out the voluntary..

money

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