Vivinavi : Los Angeles : (United States) Los Angeles

• Tax Return
• mail
• 2021/02/16 (Tue) 23:28
• Report

Thank you, tax man.
I will check with him and will email you when I receive all the forms.

• NO
• 2021/02/17 (Wed) 07:13
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#38 Self-Responsibility

Agreed.
Well, it's okay to ask simple questions, but it's not safe to give out personal information about each of us to people we don't know.

• 昭和のおとっつぁん
• 2021/02/17 (Wed) 08:22
• Report

I once asked
about a car insurance referral on an information board, and
received a
reply asking me to provide my SS card number and credit card number.

• 情報漏れ怖い
• 2021/02/17 (Wed) 08:38
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If you are going to file a tax return, you should still hire a proper accounting firm that actually has an office.

• インカムタックス
• 2021/02/17 (Wed) 19:54
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If you can't do it yourself using software, use an accountant.
Don't ask someone you don't know on the internet.

• 菜の花
• 2021/02/18 (Thu) 07:52
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Dear Taxman

I received two aid payments for coronavirus last year

Do I file as income ？

Please help me.

• tax man
• 2021/02/18 (Thu) 13:26
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＞ I received two aid payments for coronavirus last year,
＞ do I report them as income ？
＞ please.

On the 1040 form, the 30th line is
Recovery Rebate Credit, and I enter the amount I did not receive in that field, but in the tax return software,
it asks me if I received two aid payments, and if so,
I have to enter the amount. If so, the first amount and the second amount are entered,
calculated based on the total amount and the family structure of the filer, and if the amount is not the full amount, a message
will appear stating that the difference will be paid, and the difference will be entered in line 30 as the amount received. The difference will be entered in the number 30 and will be calculated as the amount received.
If you receive the full amount, the column will be set to 0.

However, if your income for last year (2020 ）) is above a certain level,
it will show that you will not receive any aid due to your high income.

Even if you receive the full amount, it will not be taxable income, so you do not have to worry about
filing a tax return.

• 希望の光
• 2021/02/18 (Thu) 15:52
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Thank you very much, tax man.

I recently filed a tax return ＄ and when I entered that I did not receive 1800, it was put as a credit.
However, I am currently working as an Independent ＄ and am disheartened to find out that I have to pay over $6000.

• tax man
• 2021/02/18 (Thu) 16:16
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＞ I recently did a tax return and ＄ I entered that I did not receive 1800 and it was put in as
＞ credit.

Congratulations, you have been given a credit.
I also filed a ＄ 1 ， 800 credit on Feb 12 for
one customer who did not receive a Stimulus Check. It is now showing as under review.

＞ However, I am currently working as an independent ＄ and am disappointed to find out that I have to pay over $6000.

I also have the next Stimulus Check, so this time I will be paid automatically.

• keiresume
• 2021/02/18 (Thu) 16:24
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Dear Tax man
My mother died on 4/30/2020 and I received an inheritance.
Due to the corona vortex I could not have a funeral and the restrictions on returning
I still have not returned home and also my inheritance is still frozen in the bank.
My relatives paid the inheritance tax in Japan.
The application is based on the date of death
from what I overheard, and they are filing for 2020.
I heard that I don't have to pay taxes in the US, but
do I have to apply
even though I haven't received it yet ？
please help me.

• tax man
• 2021/02/18 (Thu) 16:47
• Report

＞ On 4/30/2020 my mother died and I received an inheritance.
＞ The inheritance is also still frozen in the bank.
＞ Inheritance tax in Japan was paid by my relatives.

＞ I heard that I don't have to pay taxes in the U.S.
＞ Do I have to apply
＞ even though I haven't received it yet ？

As you know, in Japan
You do not have to file a tax return as income in the U.S. with respect to your inheritance in Japan, as you know.

However,
if you do not bring the inheritance money to the U.S. and deposit it in a Japanese bank account
you will need to report the amount in the Japanese bank account under your name on your
1040. There is no taxation.

For amounts over 5 million yen, report only the amount on a regular 1040.
This is done on Form 8938. This is not taxable income, so only reporting
is required. In addition, you must report
to the IRS on a separate return, the FBAR.

Just last week, someone
e mailed me via Vivinavi with a question about this and explained how to file over the phone.

• 信頼
• 2021/02/19 (Fri) 00:56
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There are posts saying that it is dangerous to ask strangers on the internet and you should not do it....
In the beginning, some of you wrote about Tax Man as if he was asking himself the same question.

But I think I can trust Tax Man who answers so kindly.
I read through this topic every day, compare it with my case, and learn a lot.
If you don't trust Tax Man, you just don't have to ask him ？
I imagine that Tax Man must be very busy and kind in answering your questions.
And I appreciate that you don't mind any kind of nasty posts and give clear answers only to those who need them.
I'm sure many of you have found it helpful.

• 危機管理
• 2021/02/19 (Fri) 05:49
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While there is nothing wrong with asking and answering general questions about taxes on this topic,

giving out personal information such as SSN number ・ address date of birth ・ bank account number ・ credit card number, etc. to unidentified people on the internet

is considered a lack of risk management It is considered a lack of competence and should be avoided at all costs.

• 昭和のおとっつぁん
• 2021/02/19 (Fri) 06:54
• Report

Just ask.

• うざ
• 2021/02/19 (Fri) 13:29
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If you don't like it, just don't get involved.

The parasites🪱 are loud every day.

• ぷっ
• 2021/02/19 (Fri) 14:07
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Stupid useless people who get involved with parasites.

• keiresume
• 2021/02/19 (Fri) 16:03
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Dear Taxman
Thank you for the inheritance.

• レイオフ
• 2021/02/20 (Sat) 01:50
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Dear Tax Man

I was laid off from a part time job I was doing once a week in Corona, so EDD gave me money.
The total is about $8000. I am single. I have no children. Would both the salary I was getting before I was laid off and
the amount from the EDD after I was laid off be taxable?
Please let me know. Thank you in advance.

• tax man
• 2021/02/20 (Sat) 13:06
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＞ I was laid off from a part time job I was doing once a week in Corona,
＞ I was paid by EDD.
＞ All in all, about $8000. I am single.
＞ I have no children. Would both the salary I was paid before I was laid off and
＞ the amount from the EDD after I was laid off be taxable?

W － 2 and 1099 － G and the amount on the two forms must be combined and reported as income
on the 1040. W

In addition, this return will also confirm
the amount of Stimulus Check you received, and if you did not receive one, you will receive one, and further, this
return is good for the third Stimulus Check
that may be due in the future. I think you should do it for the third StimulusCheck that may be coming up in the future.

• レイオフ
• 2021/02/21 (Sun) 12:12
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Dear Tax Man

Thank you for your clear answer. This solved my problem.
Thank you.