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1. In September 2007, I sold my home and purchased a new home in January 2010. Can I qualify for the first-time homebuyer credit?Free
2. If I qualify for the homebuyer credit and complete the sale by September 30, 2010, can I claim the credit on my 2009 return?Free
3. Can stock be contributed to a Roth IRA?Free
4. I owned Verizon stock and it just spun off a rural phone business, which immediately merged with Frontier Communications. Do I have any basis in the Frontier Communications stock I now hold?Free
5. I have to sell my home in a short sale because I can't keep up with the payments. Am I taxed?Free
6. We purchased a two-family house with our daughter. We own a two-thirds interest in the home; our daughter owns a one-third interest. Can we and our daughter each claim an $8,000 first-time homebuyer credit (none of us have owned homes before)?Free
7. My father purchased a home for my bride and me and kept title to it in order to protect his down payment. We pay all of the expenses, including the mortgage and real estate taxes. Can we deduct the mortgage interest and real estate taxes?Free
8. I am single and own a five-family house in which I occupy the first floor; the other four floors are rented out. When I sell the home, can I claim the $250,000 home sale exclusion for the portion of gain related to my part of the house?Free
9. Several years ago I set up a Coverdell ESA for my child, but the account lost money so I withdrew the funds and closed the account. Can I deduct a loss?Free
10. I paid a 10% early distribution penalty on withdrawals from my IRA when I filed my 2009 return in March 2010. Can I deduct the penalty payment on my 2010 return?Free
11. If I convert my traditional IRA to a Roth IRA this year, am I deferring the income or the tax to 2011 and 2012?Free
12. If I convert my traditional IRA to a Roth IRA, is the taxable amount based on the present value of the account or the difference between the present value minus the original contributions?Free
13. I've been purchasing hurricane-proof windows; I bought one last year and one this year. They cost about $1,200 each. Can I take a home energy credit for them?Free
14. I have an "in trust for" savings account at a bank for my children. If I withdraw money from it, are there any tax consequences?Free
15. I am self-employed and age 72 this year. Can I use a SEP-IRA for retirement savings?Free
16. My husband died in 2008, and now the IRS wants me to pay back taxes related to his gambling. I knew nothing about his gambling activities. Am I legally liable for his debt?Free
17. I have rental property that I no longer intend to rent but will convert it to my principal residence this year. Is there any tax due on past depreciation?Free
18. I filed my 2009 return and had my refund applied to my 2010 estimated taxes. Now I need some of the money. Can I file an amended return, Form 1040X, to have only part of the refund applied to 2010 estimated taxes?Free
19. I received a distribution from my IRA that was reported on Form 1099-R. I immediately rolled it over to another IRA. How do I enter this information on my tax return?Free
20. If I cashed in my 401(k) account to help save my home, am I subject to a tax penalty? I'm 48 years old.Free
21. I got married three years ago and moved into my wife’s home. She’s owned it for 8 years; I’ve never owned a home. If she sells the home and we buy a new one, can we claim the long-time homeowner credit?Free
22. My wife became extremely ill while we were out of town. My grandson flew in and my son and granddaughter drove to see her because the doctors didn't think she would make it. Are their travel costs deductible?Free
23. Can I make more than one Roth IRA conversion in 2010 in order to time the market and report the lowest income from the conversion?Free
24. I've owned my home for 15 years and plan to retire to Florida. If I sell my home and purchase a retirement home in April 2010, can I claim both the home sale exclusion and the long-time resident homebuyer credit?Free
25. My child is a sophomore in college and I pay her tuition, fees, books, and room and board. Can I claim both the American Opportunity tax credit and the exclusion for interest on the savings bonds I cashed in to help pay for the costs?Free