User talk:Joanmcq

From TaxAlmanac

DEPENDENT RELATIVES

Forgive me but is there away to claim dependent relative expenses, I took care of all of my mother expenses last year and the only thing I have to work with is the worksheet but is not changing my refund at all and I paid out alot of money. Please help if you don't mind.

Your question about FSAHBDV

Joan,

FSAHBDV's dollar value is the total Federal Employees Health Benefits (FEHB) Before-Tax-Deduction taken from your total benefit package. On your earnings statement it can be seen by looking at the Before-Tax-Deduction box. This is the third box down, first on the left on your earnings statement.

It is on the W-2 just to let you know how much your employer spent on your health benefits last year.

Rick Gartner

real estate prof

thanks for your help. sometimes I try to read too much into what the IRS says....so therefore the need for clarification. thanks for not beating me up for asking the question!!! Nancy

Worksheet

Joan,

That sounds great. Any chance you could share it with me.

Sbcpa 09:18, 16 April 2008 (CDT)

Worksheet

Joan,

You can send it to david12401@hotmail.com. Thanks so much!

Sbcpa 07:17, 17 April 2008 (CDT)

Yours was the answer to a question I'm researching that seemed most applicable to my situation. There are a number of questions. But one was whether I could start a new sole proprietorship and report expenses for that year but no income on a Schedule C. Are you sure? Not training but office use. I have extensive work product for the year to show but it just didn't earn money.

Second question is how to handle a home-office Form 8829 carryforward from two years earlier when I actually had income and expenses in another business but obviously not enough income to use all my allowable 8829 expenses. There was also some depreciation that stacked up that year. So the business changed from economic and workforce development to renewable energy over a two year period And I skipped a year of filing a Schedule C and 8829 because during that year I earned money working for a community college and got a W-2. The Schedule C on the first business was loaded with these carryforwards. Are they lost or can I move them to my new business in renewable energy which is now starting to earn money?

Lets say the amount is over the annual exemption and the gift tax form is need to be filed, does the donor have to pay taxes on the difference or does it actually need to be documented only to the IRS?

Your NJ non-resident question

Hi, Joan -

You posted a question at the end of an existing Consumer Forum question, and luckily that hasn't seemed to limit the responses you're getting, since D&T and some of the other NJ experts read the consumer forum quite often. However, your questions deserve to be over on the tax pro forum where they'll get a larger audience - but at the same time it didn't seem right to move the entire discussion, most of which is clearly DIYs, back over to the tax forum. So the discussion has been languishing on the consumer forum for a week...

After thinking about it a bit, I've decided that it makes sense to start a new Tax Forum discussion for your question, along with the related answers. I'll use the same name as the old discussion, and I'll rename the other discussion so that it starts off with "Consumer question." The old one can stay in Consumer Questions, and the new one will be in the Tax Forum.

I wanted to warn you what I was doing since the first thing you'll notice is the renaming of the old discussion, followed after a little while by the creation of your new discussion, and I didn't want you to be confused if you came in while I was halfway done. I'll put a link to the new discussion at the end of the old one so people will know how to find it.

Trillium 18:08, 28 March 2009 (CDT)