Comments on: Personalized tax answers for iwillteachyoutoberich readers — Part 1 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sun, 12 Feb 2012 18:46:58 +0000 hourly 1 http://wordpress.org/?v= By: michael http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-85155 michael Sat, 27 Dec 2008 23:22:29 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-85155 can i claim my girlfriend as a dependent? she was a student part of the year and i provided all financial support she had no income.please let me know i'm getting mixed answers can i claim my girlfriend as a dependent? she was a student part of the year and i provided all financial support she had no income.please let me know i’m getting mixed answers

]]> By: Kazeloaj http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-79349 Kazeloaj Thu, 06 Nov 2008 04:34:50 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-79349 Hi webmaster! Hi webmaster!

]]> By: eric http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-55468 eric Wed, 12 Mar 2008 02:12:38 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-55468 i have a large investment loss, can i slit it up over multipal years, or is there a limit per year to claim amount, or does it have to be claimed all in onr year? i have a large investment loss, can i slit it up over multipal years, or is there a limit per year to claim amount, or does it have to be claimed all in onr year?

]]> By: Rebecca Carroll http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-51557 Rebecca Carroll Fri, 08 Feb 2008 14:21:26 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-51557 I went from a sole-prioretorship to an LLC in June of 2007. Do I have to file both a 1040 and a 1065? Do I pick one of the two? Can I do a 1040 this year, as my books were not really set up for LLC in my quicken for 2007? Second, my husband and I both work at home. He works at home as a telecommuter for his company, and I run the business from home. We have separate offices in our home. Can we both deduct our office spaces-his for his personal income tax, and mine fo the LLC taxes? I went from a sole-prioretorship to an LLC in June of 2007. Do I have to file both a 1040 and a 1065? Do I pick one of the two? Can I do a 1040 this year, as my books were not really set up for LLC in my quicken for 2007?

Second, my husband and I both work at home. He works at home as a telecommuter for his company, and I run the business from home. We have separate offices in our home. Can we both deduct our office spaces-his for his personal income tax, and mine fo the LLC taxes?

]]> By: Kevin http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-15793 Kevin Thu, 17 May 2007 18:29:59 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-15793 Please answer this question for me. I used to live in New Orleans, now I live in Texas. Due to the hurricane I lost all my tax records, and now the state is sending me threatening letters to pay state taxes I know I already paid. They Are threatening to seize property from me. Is this something they can do now that I live out of state? Since I'm no longer a resident, what's the worse they can do to collect what they claim I owe? Please let me know As soon as possible please, thanks. Please answer this question for me. I used to live in New Orleans, now I live in Texas. Due to the hurricane I lost all my tax records, and now the state is sending me threatening letters to pay state taxes I know I already paid. They Are threatening to seize property from me. Is this something they can do now that I live out of state? Since I’m no longer a resident, what’s the worse they can do to collect what they claim I owe? Please let me know As soon as possible please, thanks.

]]> By: Darlene http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-11641 Darlene Mon, 16 Apr 2007 17:21:43 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-11641 Thanks for the help on #17. I live in California and rent out one bedroom and bathroom from my primary residence, and I haven't figured out how to report this. With regards to "expenses you pay for the house such as insurance, repairs, maintenance, etc. can be allocated against the income", does this include half of each of the Homeowner's Association fees, general utilities, appliance installation, plumbing repairs? Thanks. Thanks for the help on #17. I live in California and rent out one bedroom and bathroom from my primary residence, and I haven’t figured out how to report this. With regards to
“expenses you pay for the house such as insurance, repairs, maintenance, etc. can be allocated against the income”, does this include half of each of the Homeowner’s Association fees, general utilities, appliance installation, plumbing repairs? Thanks.

]]> By: CPA Answers Blog Readers’ Tax Questions at LifeParticles http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-11205 CPA Answers Blog Readers’ Tax Questions at LifeParticles Thu, 12 Apr 2007 15:03:54 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-11205 [...] Post 1 Post 2 Post 3 [...] [...] Post 1 Post 2 Post 3 [...]

]]> By: Deborah Lucena http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-10936 Deborah Lucena Tue, 10 Apr 2007 17:51:23 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-10936 I always owe Ca State Tax even though my Federal is minimal or refunded. What can I change on my W4 to withold more so that I don't have to pay state taxes in April? Every year, I fall about $2200 short on state tax. I currently have 0 allowances and an extra $100 pulled from every paycheck because for many years my husband had a variable salary due to self employment. He is still semi self employed, but also has taxes pulled from his weekly salary. I always owe Ca State Tax even though my Federal is minimal or refunded. What can I change on my W4 to withold more so that I don’t have to pay state taxes in April? Every year, I fall about $2200 short on state tax. I currently have 0 allowances and an extra $100 pulled from every paycheck because for many years my husband had a variable salary due to self employment. He is still semi self employed, but also has taxes pulled from his weekly salary.

]]> By: I Will Teach You To Be Rich » Personalized tax answers for iwillteachyoutoberich readers — Part 2 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-9419 I Will Teach You To Be Rich » Personalized tax answers for iwillteachyoutoberich readers — Part 2 Wed, 28 Mar 2007 21:19:08 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-9419 [...] See Part 1 here. [...] [...] See Part 1 here. [...]

]]> By: AllFinancialMatters » Blog Archive » JLP’s Weekly Roundup http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein/#comment-9053 AllFinancialMatters » Blog Archive » JLP’s Weekly Roundup Mon, 26 Mar 2007 05:06:42 +0000 http://www.iwillteachyoutoberich.com/blog/tax-advice-part-1-by-cpa-david-bergstein#comment-9053 [...] has published the first part of his series of personalized tax answers. Ramit has a CPA friend who has agreed to answer various tax-related questions from [...] [...] has published the first part of his series of personalized tax answers. Ramit has a CPA friend who has agreed to answer various tax-related questions from [...]

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