USA tax preparation
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Re: USA tax preparation
I'm in Bang Saphan. I'm a semi retired CPA. Let me know what you need, maybe I can help
The proper function of man is to live, not to exist. I shall not waste my days in trying to prolong them. I shall use my time.
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Re: USA tax preparation
I sold a home at a loss in USA in 2015 and did not yet submit my tax returns since.
Need to ge them done.
My only other income to report is my military retirement check and SS.
Need to ge them done.
My only other income to report is my military retirement check and SS.
Bushwhacker
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Re: USA tax preparation
Just a thought-- a CPA told me something, the day before the last date for filling, that I like--- You will not be punished for stupidity, you with not be punished for bad arithmetic--you will be punished for fraud and most of all for not filling. So if in doubt send them a semi-completed badly filled in return with an apology note with several spelling and grammatical mistakes. I did just that and got a refund.
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Re: USA tax preparation
If it was your home then no filing is necessary although if the escrow company filed a 1099 the IRS may question you. If your retirement, and other income is less than $25,000 then your social security is not taxable. If so and the retirement is less than $13,250 ($14,800 if 65 or older) then no need to file. If more then you are supposed to file.
The IRS (at least most of them) is a business and they rarely take anything personal. If you do owe taxes there could be a late payment penalty and interest owed assessed.
The IRS (at least most of them) is a business and they rarely take anything personal. If you do owe taxes there could be a late payment penalty and interest owed assessed.
The proper function of man is to live, not to exist. I shall not waste my days in trying to prolong them. I shall use my time.
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- Joined: Fri Jul 11, 2008 5:25 am
- Location: Cha Am / Hua Hin
Re: USA tax preparation
Thanks. There was no escrow company. I held the paper.
Thanks for the info.
Thanks for the info.
Bushwhacker
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Re: USA tax preparation
Agree, as good and accurate, as I remember, advice from Migrant....