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Tax Law (Questions About Taxes)/Expert Profile

Carole Dunton

U.S.

Available

Expertise

Preparation of individual income tax returns including social security, pensions, lump sum distributions, sale of personal residence, stock and mutual fund sales, distributions from individual retirement accounts, moving expenses and itemized deductions. General knowledge of schedule C for small sole proprietorships. No experience in corporate, estate, partnership or large business returns.

Experience in the area

9 years as tax preparer for major national firm.

Average Ratings

Recent Reviews from Users

User	Date	K	C	P	Comments
Michael	02/10/12	10	10	10	Very quick reply. Thanks!
Mary	02/09/12	10	10	10	Thank you!
Mike	02/07/12	2	10	10	Quick response time and very polite. The .....
Bob	02/07/12	10	10	10	Clear consice answer, THANKS!
Tommy	02/05/12	2	10	10

Recent Answers from Carole Dunton

2012-02-09 Filing Status:

Hi, I mean it its generally beneficial to both parties, you and your wife. There are exceptions. For example if one spouse has a high amount of medical bills it could be better to file separately

2012-02-08 Filing Status:

Hi, The only way to know that is to calculate it both ways. Generally it is better to file jointly unless one spouse hasa lot of medical bills. Regards, Carole

2012-02-01 Gift to child:

Hi, You can give anyone $13,000 per year with no gift tax consequences. If your son is married you and your wife can each give each of them $13,000. Otherwise you have to file a gift tax return. Most

2012-01-31 injured spouse/unemployed defaulter:

Hi, Since you have no income or withholding, the Injured Spouse would give you limited relief. He could file Married Filing Separately but generally filing a joint return is best. You are not a dependent

2012-01-27 newspaper delivery:

Hi, You have to file that money as self employment income on Schedule C or C-EZ. You can deduct your expenses but you will have to pay income tax and self-employment tax on your net self employment

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