Today TaxMama hears from Kari in the TaxQuips Forum who doesn’t know what to do. “I am an artist/crafter who occasionally sells at festivals and art fairs. I do not have a storefront, nor do I sell my items on my own website. I do not have a business

Today TaxMama hears from Amy in the TaxQuips Forum with a common type of question. “My sister is amending her tax return to claim the homebuyers credit. But the original tax return had a ream of ages. Does she need to include them all with the Form 1040

Today TaxMama hears from Mona in the TaxQuips Forum with this problem. “I recently started to receive a QDRO check from another state. How do the income taxes get handled? Do I pay the issuing state or the state I live in?” http://taxmama.com/forum/

Today TaxMama hears from Robert in the TaxQuips Forum with this inquiry. “I read in a Washington Post article that eBay will now start sending sellers with more than 200 transactions a 1099-K form so that they have to pay taxes on their eBay selling. I

Today TaxMama hears from Chris in the TaxQuips Forum who says. “I took money out of an IRA for a down payment on a house (after a divorce) and was intending to pay it back within the 60 days. My employer hinted I should start looking for a new job. So

Today TaxMama hears from Steve in the TaxQuips Forum with a timely question. He says. “I started paying estimated taxes in the first quarter of this year. But I haven’t earned any income this quarter, except unemployment – from which they took withh

Today TaxMama hears from Marina in Washington DC in the TaxQuips Forum with an interesting set of questions. She says. “A husband and wife are divorced. They owned an LLC. The wife wants out. Can the husband keep the same EIN? Can he elect to treat the

Today TaxMama hears from Richard in the TaxQuips Forum who is well-informed about his issue. “I received stock when John Hancock Life was merged or purchased by Manulife Insurance Company several years ago. It went from a Mutual Insurance company to a

Today TaxMama hears from Tony in Virginia who tells us. “We have purchased a high efficient heat pump that qualifies for the 30% tax credit. We plan to remove the old system and install the new system. Can we charge our labor to the tax credit amount? I

Today TaxMama hears from Rebecca in California who is facing serious problems. “We don’t know what to do, and now that the CA franchise tax board has garnished my paycheck, we don’t have any extra funds. This is based on tax returns not filed for 19