36
votes
Accepted
Friend accidentally Venmo'd me rent as a commercial Venmo transaction. What are the tax implications of this?
If you reversed the transaction then it would probably not generate the 1099. Even if it does, you'll need to report it on your 1040 as misc income and then back out again as reimbursement as it is, ...
- 185k
26
votes
Are landlords required to provide bathroom access to tenants?
According to North Carolina legislation, lack of an operable bathtub or shower in a rental property constitutes a dangerous condition that must be immediately rectified by the landlord, even if the ...
- 23.7k
12
votes
Are landlords required to provide bathroom access to tenants?
Roommate shares are tough
I've done housemate shares for 15 years. It is not for you. Your mindframe, what you are expecting to get out of it and what you are willing to put into it, is simply ...
8
votes
If I’m beneficiary on a life insurance policy can gamy make me share it
I’m just wondering does he have any right to it?
Probably not, although I am not a lawyer and this is not legal advice.
Across all jurisdictions I've checked (United Kingdom, Australia, South Africa ...
- 9,600
5
votes
How old a car needs to be for one to request diminish value claim
Diminished Value is the difference in market value between a car that's been in an accident and one that hasn't. The age and mileage of the car can reduce (or eliminate) this difference, meaning that ...
- 142k
4
votes
I purchased a motorcycle that has not been delivered, how can I resolve this with the company?
In the United States the licensing and regulation of automobile dealerships is done at the state level. In your case (North Carolina) this is done by the N.C. Division of Motor Vehicles License & ...
- 145k
2
votes
Will I get double-taxed? Primary address in North Carolina but work is in California
Your situation is complex for two reasons, only one is related to COVID.
I gave up my apartment (and California address) to be with family in
North Carolina. My company knows about this arrangement ...
- 145k
2
votes
Will I get double-taxed? Primary address in North Carolina but work is in California
In general, unless there is an agreement between the states, you are taxed in both the state of residence and the state that is the source of the income. If those two states are different, you can ...
- 17.5k
1
vote
Accepted
How do I get a notice number to pay North Carolina income tax?
Your URL you included in your question:
https://www.ncdor.gov/taxes-forms/collections-past-due-taxes/payment-options
even includes the phrase:
collections-past-due
you should be looking at the ...
- 145k
1
vote
Carry over of North Carolina foreign tax credit
Apparently the answer is no. From a tax forum: Section 105-151 of the NC Code, which is the relevant statute, contains no provision for carryover.
https://www.ncleg.net/EnactedLegislation/Statutes/...
- 209
1
vote
Should I purchase health insurance directly, or through my LLC?
Shopping for health insurance is like shopping for a new car. You wouldn't just go to one salesman, get a price on a car and make the purchase right there. You want to go to multiple sources to see ...
- 866
1
vote
Where do you pay state tax if you live in NC and work 100% remotely for place in PA?
I've been in your shoes for quite some time, though with different state pairings.
You may owe taxes to the state where the company is located. And you may owe taxes to the state in which you live. I ...
- 3,239
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