Questions tagged [ohio]
Use this tag for questions related to rules and experiences specific to the State of Ohio in the United States.
31
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Sister bought me out of house. What taxes do I owe?
My mom signed over her house five years ago for a dollar each. It was already paid off. My sister lived in it for the past five years. We agreed to sell it or she would buy me out at the five year ...
2
votes
1
answer
729
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Bought a lemon and the bill of sale has an incorrect price
I paid $2100 for a vehicle but on the bill of sale he put $839.75. I paid with card through cash app so I have proof of what I actually paid.
The vehicle got less than a quarter mile down the road and ...
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How to calculate tax for Precious Metal Sales in Ohio
So recently Ohio did away with tax on precious metal sales. I've been wanting to produce precious metal items for a while and decided I want to open an online store.
I'm trying to understand how to ...
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What should I do with a UTMA to help protect eligibility for financial aid?
I have been investing $50 a month into a UTMA for my best-friends son. He is not a blood relative of mine. There is about $10k in the account now. I explicitly chose a UTMA instead of a 529 because of ...
- 8,772
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1
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133
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Buying real estate with an LLC
I am planning to buy a real estate property (rental) as a investment. There was a listing with the following comment:
Property was purchased 17 years ago on a stock purchase - suggest Buyer do the ...
- 113
3
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1
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330
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Company Received Unemployment Claim - I Still Work There
Company received unemployment claim in my name (with slight mispelling of my first name)
I still work for the company.
I have no filed anything. The paperwork has my SSN.
What are my next steps and ...
- 33
11
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3
answers
4k
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Is paying off mortgage public information?
I noticed that after I bought a house, I started getting junk mail with my specific mortgage amount on it pretty quickly, presumably sourced from public information. Will it also be public ...
- 329
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2
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122
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How to pay tax on IRA to Roth rollover
I recently changed employers, and merged my old retirement account with a Roth account I have with an independent company. A little less than half the contributions were pre-tax, and I understand I ...
- 151
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3
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425
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Can I give away part of my land in hopes of getting lower property tax?
I found a house that I really like. It's relatively cheap with 3,4 acres of land. The reason why is cheaper is probably because it has high property tax. I was wondering if it's possible to give away ...
- 1,209
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1
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570
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Can seller backout of their counter offer after buyer accepts
Situation my son is in.
He made an offer, then the seller countered.
He countered again, they countered back.
He accepted their counter.
Now they don't want to do it, and may have sold the house to ...
1
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1
answer
231
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How can I insure a driver who doesn’t live with me but is borrowing my car long term?
My cousin is borrowing one of my cars to get to school and work. He’s 17. He lives less than an hour from me, but in another state. He is insured as a driver on his family’s policy, and the car is ...
- 131
12
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1
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Is there a reason to exercise a stock option as soon as it vests?
Background: I am currently employed by a start-up that, so far, is doing really well. As part of my contract, I have stock options that will come available on a typical vesting schedule. A quarter of ...
- 288
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1
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143
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Do I need to file taxes in the city I work?
I live and work in Ohio. However, I moved in 2016 to a village without city income tax. However, I work in a city with income taxes. I started with this organization in 2017.
My employer has been ...
- 295
2
votes
1
answer
2k
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Foreign grandparents and 529 college saving
I'm an ex-pat living in Ohio with a child that we have set up a 529 college savings account for. My parents from the UK want to contribute to my daughter's future and I'm not sure what the most ...
- 121
3
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1
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175
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Handling federal and state tax witholdings as a household employee
A friend has recently started a job as a nanny in Ohio and received their first paycheck. The employer family also provided a spreadsheet that records the gross pay, various withholdings, and net pay. ...
- 133