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Can a husband and wife file separate tax returns?
Under the Income Tax Law both husband as well as the wife would be entitled to have their separate sources of income, separate funds of their own and so c...
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Local Updates
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How do you file taxes when you own your own business?
If you’re a sole proprietor, every year you must file Schedule C (Profit or Loss From Business) with your Form 1040 (U.S. Individual Income Tax Return) to...
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What happens when you hit the jackpot at the casino?
You’re going to have to pay tax on all of your winnings, and the casino will issue you a W-2G form, a special IRS document designed specifically for “cert...
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Is income from inheritance marital property?
In general, one spouse’s inheritance (as well as gifts given to one spouse) will remain separate property during a marriage in California. For example, if...
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What happens to civil service pension if I die?
In the event of a member’s death, we will pay a pension to their widow, widower or surviving civil partner. If the member was in classic, we will pay the ...
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How do I cope with the death of my wife?
Here are some ideas to keep in mind: Take care of yourself. Grief can be hard on your health. Try to eat right. Some widowed people lose interest in cooki...
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How do you write off a totaled car?
You are required to prove to the IRS that the loss is the direct result of a casualty. You must submit documentation to the IRS that supports the amount y...
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What does D 19 mean on my W-2?
Elective deferrals You will have to ask your employer why the 19 is shown on box 12 with a D code. D—Elective deferrals to a section 401(k) cash or deferr...
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What happens if I claim my child on another tax return?
You would then need to file a return on paper, claiming the child as appropriate. The IRS will process your return and send you your refund, in the normal...
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Can You claim your son on your tax return?
Yes, you can go back and claim him but you will need to mail in your tax return this year. Your son will also need to amend his return by filing Form 1040...
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