Real tax questions from real readers, answered. Got a question of your own? This is where Taxgirl answers them.
I’ve been fielding a lot of Ask The Taxgirl questions lately, so it seems like a good time to explain how this works. Yes, I’m still answering questions. Yes, it’s free to submit a question. And yes, it’s free to read the answer. Each week, questions and answers appear in my free tax newsletter (you…
**Can you deduct property taxes or mortgage interest on a home you don’t own? Here’s what the tax rules say about paying expenses for a family member’s home.**
Can you avoid taxes on lawsuit proceeds by using the money to buy a home? Here’s how civil suit and punitive damages are treated for tax purposes.
The Taxgirl Podcast discusses tax news, tax info, and tax policy. With so many taxation-related rules, facts, and updates, it’s easy to have questions about tax processes. Luckily, the Taxgirl mailbag lets readers and listeners submit tax questions for Kelly to address. What questions do listeners want to ask the Taxgirl? On today’s episode of…
Taxpayer asks: How can I update my direct deposit information with the IRS? I filed my 2019 individual return through a tax preparer & my direct deposit went to a joint account with my now ex-wife that was closed recently. All of the scenarios online do not apply to my situation, so hoping you can…
Taxpayer asks: Are tax rates locked in at start of year ?? I’d like to do a Roth conversion in early Jan 2021. Can I count on Trumps current tax rates ? If Biden would wins, could he change the rates before year end ?? Taxgirl says: Even though we like to call tax policy…
Taxpayer asks: I heard that people that has never been employed or work could still get the stimulus check is that true? Taxgirl says: Yes. There is no requirement that you currently be employed or earning money to qualify for a stimulus check. Some non-filers might have overlooked registration because of confusion related to an…
Taxpayer asks: So, my fiancé filed her taxes in February as Single. We then got married in May, and I am just now filing my taxes. My question is, do I file Single too or married Separate? She has yet to legally change her name on Drivers License/SSC/IRS btw. Taxgirl says: First, congratulations on your…
Taxpayer asks: My stimulus check is wrong. How can I fix it? I tried calling the IRS but couldn’t get anyone on the phone. Taxgirl says: The short answer is that you can’t immediately fix it. Even if you could get someone on the phone, the advice will be the same: you’ll have to wait….
Taxpayer asks: How can I change my address with the IRS? Taxgirl says: The easiest way to change your address if there’s no time consideration is just to use your new address when you file your tax return. But if you filed a joint tax return and you and your ex now have separate addresses,…