Real tax questions from real readers, answered. Got a question of your own? This is where Taxgirl answers them.
Taxpayer asks: My daughter attends an independent private elementary school. We pay around $10,000 a year in tuition. Is it deductible? Taxgirl says: Thanks for writing. This is actually one of my pet peeves in tax policy. You don’t get a break for paying for private school tuition: if you pay for private or parochial…
Live! on internet talk radio” Mark your calendars now for the second installment of ask the taxgirl – LIVE!The segment will air on blogtalkradio.com Tuesday, March 4, at 1:00 p.m. EST – details to follow. You can email me your questions beforehand – or call in and ask me LIVE.
Taxpayer asks: Would my Mother who is on Medicaid and in a nursing home – be eligible for the stimulus payment? The money would be deposited into her checking account to help by for “extra” things for her at the nursing home. She doesn’t file because the only source of income is SS – 14,300.00….
Taxpayer asks: Would my Mother who is on Medicaid and in a nursing home – be eligible for the stimulus payment? The money would be deposited into her checking account to help by for “extra” things for her at the nursing home. She doesn’t file because the only source of income is SS – 14,300.00….
Taxpayer asks: Hello and thanks for your anticipated help. I have a question: I am an attorney (solo pracitioner) and last year I settled my first case. I obviously gave the proceeds minus my attorney fees to my client. I received a 1099 from the govt agency that I settled the lawsuit with. Do I…
Taxpayer asks: Hello Tax Girl, I know that there is a form that I can send to the IRS and they will respond with reported 1099’s for 2005. Do you know which form(s) that would be? Thank you for your help. Taxgirl says: It’s not clear from your question whether you have filed a tax…
Taxpayer asks: I do side work occasionally during the year. It is in the construction industry. I pay people to help me do this work and it is usually under $600.00. I am the one who gets 1099’d and would like to know if I can deduct what I pay these people. I have cancelled…
Taxpayer asks: For 2007 I owe $1000 to the IRS. I’m entitled to a tax rebate of $1800 (married filing jointly with 2 kids). Should I pay the IRS the $1000 and then receive the $1800 tax rebate check? Or should I not pay the IRS a $1000 and then I will receive tax rebate…
Taxpayer asks: I ran across your blog while searching for some info on the Tax “stimulas” rebate. To make it short, my husband and I are paying on back taxes (Federal – not state) for 2005. Will we still receive the rebate, or will it go to what we already owe? Thanks, I have not…
Taxpayer asks: I am an accounts payable clerk for a manufacturing company. Who should we be sending 1099 forms to? What would happen if we sent a 1099 to someone in error? Taxgirl says: There are lots of forms 1099. Here’s a quick rundown of some of the most popular: If your company pays out…