general

What is line 9b on 1099-R?

Box 9b displays the taxpayer’s total investment in a life annuity from a qualified plan. This amount is used to compute the taxable portion of the distrib...

Sep 01, 2026 • 1 READS

general

How do states treat capital gains?

Simply put, California taxes all capital gains as regular income. It does not recognize the distinction between short-term and long-term capital gains. Th...

Sep 01, 2026 • 1 READS

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How soon will I get my tax refund 2018?

As per the procedure, the Income Tax Department processes the refund only after processing your ITR. Generally, it takes 30-45 days from the date of e-ver...

Aug 31, 2026 • 1 READS

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Can a non-resident of the United States own an LLC?

One of those restrictions is that no members of the LLC can be non-resident aliens. Therefore, having even one member who is non-US resident and not a cit...

Aug 31, 2026 • 1 READS

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When to start a husband and wife LLC?

If you’re going to have a single member husband and wife LLC, be sure that you have a solid plan in place if the business goes bankrupt or if you get divo...

Aug 31, 2026 • 1 READS

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What is NNN lease in real estate?

A triple net lease (triple-Net or NNN) is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property in...

Aug 31, 2026 • 1 READS

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Is renting a house for work tax deductible?

Employees and Independent Contractors Whenever you hire anyone to perform services for your rental activity, you can deduct their wages as a rental busine...

Aug 31, 2026 • 1 READS

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How is an inheritance reported on an income tax return?

Report it the same way the deceased person would have reported it. If the estate is the beneficiary, income in respect of a decedent is reported on the es...

Aug 31, 2026 • 1 READS

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What are advantages of setting up LLC for personal investments?

The main benefit of investing through an LLC is because you can set up rules, regulations and other procedures for all your investors and define them in y...

Aug 31, 2026 • 1 READS

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Can you access 1099 online?

You can access your Form 1099G information in your UI OnlineSM account. Note: If an adjustment was made to your Form 1099G, it will not be available onlin...

Aug 31, 2026 • 1 READS