What is the purpose of a 1099-R form?
In addition, in California, Nevada and Washington, community property laws also apply to same-sex registered domestic partners, according to Intuit TurboTax. Unless married under state law, RDPs must file separate federal income tax returns as single or head of household and include their separate and community income.
Why do non-California residents need to file California state taxes?
Non-residents of California are responsible for filing taxes in the state if the person received income from California sources, according to the State of California Franchise Tax Board or FTB. Taxes for California are also required for non-residents for services performed in the state.
Do you need to file property taxes in order to qualify for a homestead exemption?
While homestead exemptions vary from state to state, one thing is always the same: homeowners must file property taxes to claim the
exemption. Zacks Investment Research explains that the exemption shelters either a fixed dollar amount or a percentage of a home's value from taxation.
Can you deduct healthcare costs from your taxes?
While there are some ways to deduct medical expenses from federal taxes, the rules for who and what qualifies for these deductions are strict and may be a bit confusing to some taxpayers. For example, there is a rule stating that taxpayers and the spouses of taxpayers who are 65 years and older may deduct medical expenses that are more than 7.5 percent of the taxpayer's gross income so long as those expenses were not reimbursed. This rule only applies during the period of Jan. 1, 2013 through Dec. 31, 2016, further narrowing the field of which senior citizen taxpayers qualify to claim medical expenses on a tax return.
Where do you find information on how to pay taxes in Shelby County?