Explore the 1,000’s of tax questions answered by professionals.

REPORTING INCOME

If I was rear-ended in an automobile accident and the other person's insurance paid for the damages to my vehicle. .... ... read on

I co-own a rental property with a relative. We receive rent and pay expenses to/from a joint bank .... ... read on

In 2010, we had a cancellation of debt income from a Partnership K-1. This was deferred until 2014 by .... ... read on

I own an LLC that holds several rental properties. I also own another business that is setup as a .... ... read on

Our company is lending money to another entity. We are going to charge interest and need to know what the .... ... read on

If I withdraw some of the monies from my child's 529 plan, do I have to report it as taxable .... ... read on

I spent a week on jury duty and received $75 for it. My employer paid me regular wages for .... ... read on

Do I pay taxes on a lawsuit settlement involving wrongful death of a parent? ... read on

How do you report rental income and expenses from farm land? ... read on

How do I report punitive damages shown on Form 1099-MISC? ... read on