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    1. A

      How to file jointly when husband is self-employed and I am employed by hospital

      He reports his income & expenses on schedule C; yours go on line 7 of the 1040. Get ready for a balance due.
    2. A

      Can we both file head of household?

      Only you can file as HH. Try to file first, as this will make your life easier.
    3. A

      1099-MISC for H1B Visa Holder

      Contact the company & request they reissue the 1099 as a box 3 Other Income amount. If the company won't, you can protest with the IRS, arguing that you performed no services for the company & the money was an award. Or you could just file a schedule C-EZ & then amend & see if you can get the...
    4. A

      Married-File Taxes Individually-Spouse Delinquent

      yes. A
    5. A

      Filing Non Resident Alien Taxes

      What country are you from?
    6. A

      Scholarships as taxable income

      Your taxable income is your total grants/scholarships, minus your total tuition, fees, books, & supplies. The left over $$ is taxable. If they hadn't given you the extra funds, you'd have had to go out & get a job for living money, which would have been taxable. Essentially, the gov't paid...
    7. A

      Child Care Question

      1. The neighbor is probably self employed & needs to file schedule C. 2. The payments can be used to claim the CCC. You will need the neighbor's name, address, & SSN.
    8. A

      no income-have deducts!

      Yes. You file a schedule C as usual & calculate if you have a net operating loss. If you do, you can carry it back 2 years or forward 20 years until you use it. I suggest you see a pro, as calculating an NOL is complicated.
    9. A

      Depreciation Recapture on Investment Property

      The phrase is depreciation "allowed or allowable", which the IRS interprets as the higher number. The solution to unclaimed depreciation is to file form 3115 and claim catch-up depreciation. However, you must file form 3115 before the end of the calendar year in which you sell the property, so...
    10. A

      California Tax Amnesty letter

      If you still live in CA, contact your representatives & write Arnold to complain about how unfair it is to reopen a tax return you filed 20 years ago. This is happening to thousands of people.
    11. A

      no fica taxes withheld -- what's going to happen

      Nonresidents pay FICA taxes just like US citizens do. The people who are exempt from paying FICA taxes are usually students whose wages are part of a financial aid package or who are being paid by a foreign company. I suggest you find a tax pro who has experience with international/nonresident...
    12. A

      Employee of Three Years switched to 1099 employee?

      If you believe you are still an employee, you can file a form ss-8 requesting the IRS to determine your status. If the IRS determines you are an employee, it will make the company pay its half of the employment taxes and probably your half as well. As an alternative, you can report your income...
    13. A

      EIC, Exemption & child tax credit

      You can also examine old returns to see if you would have gotten more money by claiming EIC for your 2 kids, than by you claiming EIC for 1 & him claiming for the other kid.
    14. A

      Education loan In India, tax cut in US

      If the loan was for attendance at a university where an American student could have gotten US financial aid to attend, you can deduct the interest. Contact the registrar's office and ask if they have filed the paperwork to participate in the US financial aid system.
    15. A

      Charitable contribution problem in SC

      1. Your deduction for donations is limited to your basis. Since you paid only $800, that's your max deduction. 2. Deductions are allowed IF you can prove them. Since you didn't keep any records of the miles driven for charitable purposes, you're lucky SC is allowing you anything. BTW, if...
    16. A

      What do I do when an employer doesn't supply 1099?

      You can attach a statement saying that the 1099-misc is wrong & stating how much you actually earned.
    17. A

      Who can deduct mortgage int and real estat taxed

      Tax Court Memo 1997-551 overrides the IRS position. In TC Memo 1997-551, a married couple lived in the house & made all payments. The title & loan were in a brother's name because they had bad credit. The court held they were legally liable for the loan, even though there was no written...
    18. A

      What do I do when an employer doesn't supply 1099?

      You can file a schedule C & claim expenses, then pay 15% employment taxes and any income taxes due. If you were an employee & not an independent contractor (highly likely), you can report the gross income on line 7 as wages & file form 4137 Social Security Taxes on Tip, cross out "Tips" &...
    19. A

      necessary to file tax return when retired ?

      Based solely on what you said, no.
    20. A

      child's income question

      He files his own return & notes that he's being claimed as a dependent (by you).

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