Taxpayer asks: Hello, Taxgirl Hope you are doing well! I have a Question I got a 1099-c form from wells fargo for about 5000 will
Read MoreMonth: February 2009
Ask The Taxgirl: Home Repair Expenses
Taxpayer asks: Taxgirl, where do you deduct expenses for fixing your home? My neighbor said that I can take off the cost of fixing my
Read MoreAsk The Taxgirl: 1099-R Codes
Taxpayer asks: On the 1099R block 7, what is code 7. Taxgirl says: Code 7 in box 7 on Form 1099-R means “normal distribution” for
Read MoreAsk The Taxgirl: Failed Adoption Expenses
Taxpayer asks: Hi Kelly,Can failed adoption expenses still be duducted even tho the adoption did not go thru??Thanks Taxgirl says: There’s a “yes” and a
Read MoreWalmart To Offer Free Tax Prep Services
Occasionally, a news item will come across my desk that will cause me to do a double take. This story, reported on the PR Newswire,
Read MoreSenate Passes Stimulus Bill, Now Real Work Begins
A version of the stimulus bill passed the Senate today with a final vote of 61-37. Three GOP Senators broke with the majority and voted
Read MoreAsk The Taxgirl: 1099 For Rent
Taxpayer asks: I am a sole prop and paid rent to an accountant who is a professional corporation. Do I need to 1099 him? Taxgirl
Read MoreAsk The taxgirl: Do I Need To Do Anything To Claim The Rebate?
Taxpayer asks: I recently did my taxes through Turbo tax and during the process Turbo tax informed me that I qualify for a rebate of
Read MoreHousing Credit Bill Survives Debate (Psst, I Still Don’t Like It)
As of this evening (Monday), it seems that the Senate version of the housing bill will make it intact to the vote tomorrow. And you
Read MoreSlight Majority Of Americans Favor Stimulus
As the stimulus plan works its way through the Senate, it appears to be losing popularity among US taxpayers. At the end of 2008, taxpayers
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