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My daughter who is under 16 worked in 2016 and earned $1400. Her W2 form shows no deduction for federal and state tax which is correct. But the HR personnel told her that her social security and medicare can be refunded. I used turbo tax 1040EZ to do her tax return, but it shows zero return. There must be a way to get all the paid SST and medicare and FICA back...
Submitted Feb 23, 2017
unemployed cant pay my credit card(15%). The credit union offered a lower rate but I can never get a visa account there again (3%). How adversely will this affect my credit? Can I obtain a Visa elsewhere? Or Am I better off trying to payoff @ current rate?
Submitted Feb 23, 2017
I've spent the past couple years recovering from being stupid in my 20s: time for my tax mess. I owe around $2k in back taxes, haven't filed a return in years. I have my past two W2 forms. Quite simply, where do I start?
Submitted Feb 18, 2017
Submitted Feb 12, 2017
My Mom is 78 yrs old. She still works because she couldn't afford to retire on SS. She's going to sell her house and move into an apt. Her intension is to use a portion of the sale of her home to pay her rent for as long as she can. She wants to put some of the money in an annuity so she can get a monthly payment. However, we're not talking about a lot of...
Submitted Feb 10, 2017
Which personal assets can be transferred to a grantor trust(living)? Can any savings account, retirement account or other bank account with a beneficiary be transferred to the grantor trust? Can personally owned land be deeded to the grantor trust? Can one's interest in a home owned jointly with spouse be transferred to the grantor trust? What do...
Submitted Feb 4, 2017
An acquaintance of mine was visiting her uncle. He asked her to empty the garbage and when she stepped on the deck, her foot slipped in a hole. As a result she went to the emergency room and she has a strained limber and a strained cervical. Is she able to file a claim with her uncles home owners insurance ?
Submitted Jan 31, 2017
In the last two years I've been faced with a financial crisis due to a disability. I have been working to save what I can and stay afloat. My disability is still ongoing and I have no income at this time. I have been fighting to get answers quickly but everything has been taking a long time. I have exhausted my emergency fund, savings and have taken a loan on my...
Submitted Feb 15, 2017
i have a privately financed mortgage . is it legal for my mortgage holder to obtain insurance in which i am not the insured and require me to pay for it ?
Submitted Jan 27, 2017
I have a "Home Healthcare" Rider attached to an Annuity that I bought when I retired in 2013. The yearly cost of this rider is $2400. Can I deduct this as a medical expense/premium on my Federal Income taxes? I read IRS Pub 52 and it looks like it may qualify as a Long Term Care deduction. Thanks
Submitted Jan 30, 2017