Real tax questions from real readers, answered. Got a question of your own? This is where Taxgirl answers them.
Taxpayer asks: My child’s fathers stimulus payment had gotten taken due to child support, how long does it take for me to receive it? Taxgirl says: It depends. Here’s how the process works. Once a stimulus check is seized, it does not automatically get delivered to the person who is owed the child support. The…
Taxpayer asks: Last year I converted an IRA to ROTH and thus exceeded the income limit – otherwise I would have qualified. Is there a legal way around this? Taxgirl says: Not for last year. But remember that the stimulus checks are based on a temporary, refundable tax credit for 2020. If your income will…
Taxpayer asks: How do I sign up for the second stimulus check? Taxgirl says: Grr. There is no second stimulus check. Here’s the thing. There has been some discussion about a second stimulus check. And it was even included in the HEROES Act which passed in the House but has not even been considered in…
Taxpayer asks: Hello, My stepdaughter received her $1,200 payment from the Federal government, however, she has not received anything for her minor child, who was included on both her 2018 and 2019 tax returns. Have you heard of anything regarding parents receiving separate or delayed payments for their children? Taxgirl says: Yes. This has been…
Taxpayer asks: If I am on SSDI but I owe child support, will I still receive a stimulus check? Taxgirl says: Typically, certain Social Security benefits, including SSDI or SSI, are exempt from garnishment from most creditors. There are a few exceptions, and one of them is – you guessed it – the federal government. …
Since you have so many questions, I’m pulling together a last-minute(ish) Ask The Taxgirl LIVE.I’ve been asked a lot of questions about #tax returns and #stimulus checks. I’ll try to answer some of those for you LIVE. Here are the details:Saturday, April 181 pm ESTOn my #taxgirl Facebook page -> https://facebook.com/taxgirl I hope to see…
(Updated: April 20, 2020) Last month, I wrote a primer on stimulus checks, and I’ve been updating it as I field your questions: thanks for asking! I thought it might be helpful to tackle some of the most commonly asked questions in a separate article. Here’s what you’ve been asking – along with my answers – regarding…
Taxpayer asks: Just read your article on Forbes “Working From Home? Your Home Offices Expenses Are Probably Not Tax-Deductible.“ Now, it is as my understanding that an employee could still deduct home office if they are REQUIRED by their employer to work from home. My employer shut the doors early in March and required all…
Taxpayer asks: Any idea whether the filing extension applies to gift tax returns? Taxgirl says: AUTHOR’S NOTE: There is (finally) official word from the Internal Revenue Service (IRS) on this issue: Normal filing and payment due dates continue to apply to estate and gift taxes. That said, my original reply remains below: Honestly, I don’t…
Taxpayer asks: What if I already filed my 1040 and scheduled an EFTPS automatic payment on April 15? Is there a way to cancel that automatic payment and take advantage of the deferral to July 15? Taxgirl says: To be honest, I didn’t know the answer to this one, so I had to do a…