ParagraphMore Styles Taxpayer asks: Taxpayer asks: Hi Tax Girl! Maybe you will find this interesting.. Just bought a car off of ebay motors. The car is in a different state. The person I am purchasing the car from does not have a physical presence in my state of any kind. And the entire transaction has…
Taxpayer asks: With employees using their Blackberrys for email and phone service where it’s a mix between personal and business usage, what’s a reasonable approach when deciding how much can be taken as a deductible business expense? Taxgirl says: I think the same rules apply here as with cell phones. Check my prior post on…
Taxpayer asks: I don’t understand. I have my stocks on a program that reinvests the dividends back into the stock. My broker says that this increases my bases. But my CPA says that I have to report this on my taxes. Why is this if I haven’t sold the stock? Taxgirl says: Dividend Reinvestment Programs…
Taxpayer asks: I thought the Postal Service’s “forever stamp” was a great idea. I stocked up on forever stamps at 41 cents each right before the new postage rate went up to 42 cents. Now I have a dilemma. Since these forever stamps with a basis of 41 cents are now worth 42 cents when…
Taxpayer asks: I PAY MY XWIFE SUPPORT CAN I CLAIM THAT MONEY ON MY TAXES? Taxgirl says: This is another one of those questions for which I have received a bunch of variations on a theme. It’s not just high profile divorcees like Britney Spears and Kevin Federline, pictured above, who have to deal with…
Taxpayer asks: Hi TaxGirl. I’ve searched all over the Internet and the IRS.gov website and I can’t find an answer to my question, so I’m hoping you can answer it: My sisters don’t currently have healthcare insurance, so my mom is helping them with some of their healthcare bills and expenses. My understanding is that…
Taxpayer asks: Hi Kelly! I just received my tax rebate, but it was for $600 and I am a single mom so I though it would be $900. I was just wondering how I go about figuring out which amount is correct. Will I receive the $300 later for my son? You are the only…
Taxpayer asks: Heeello! I was wondering if it is true that my stimulus payment could be taken for outstanding hospital bills I have yet to pay? If so, “How will that help boost the economy?” Thanks for your time… Taxgirl says: The short answer is no. Rebates are being withheld or reduced for federal obligations…
Taxpayer asks: I have a problem. I let my son’s father claim us on his taxes and he died on 3/29/08. What do I do to get the rebate back on, at least on my son and myself? Not to sound morbid! But what can I do? Taxgirl says: If the return for 2007 was…
Taxpayer asks:Hello, I have a daughter born 3/3/06. There has been a delay in her birth cert. due to name change which also means I have not been able to acquire a ss# for her. I am going to do an amendment for the past 2 tax years once I receive the proper documents (birth…