You file just in Calfornia as a resident, take the property taxes as a deduction in the year paid and show the NV property taxes as a subtraction on your CA return because they are both deductible for federal purposes and just CA taxes are deductible for CA tax returns.
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Get your finances and taxes settled before buying a home. Consider working with a legal aid society to iron out your legal problems. I would look in the Sacramento area. Start by calling a local bar association.
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I agree with Mr. Chen's prior answer. The person who buys at a trustee's sale buys the property with the liens attached so that is reflected in the price. Since the property sold in 2010, the 2010-2011 taxes would already be a lien against the property. Send a letter to the broker asking her the reason you are liable for these things and cite the applicable law. Ask for a written reponse. Let me know what the broker claims if you receive a response. But note my disclaimer below....
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First, keep your property separate. Do not have any property in joint name. Second, California Senate Bill 1411 went into effect 1/5/2011, adding criminal and civil penalties to the act of impersonating a person online. Specifically, to knowingly and without consent credibly impersonate another person through or on an Internet Web site or by other electronic means with the intent to harm, intimidate, threaten or defraud another person.
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You should have filed a form 2106, Employee Business Expenses in the past. If you did not you can go back 3 years to amend your returns. If you account to your employer for these expenses, you can not deduct them but they are not recognized in your income either. As a precaution, get it in writing even if you just send an e-mail confirmation but better to have it on their letterhead with an explanation. Also, you should do a estimation of the benefit. Last, it there a cap? Last again, it...
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First, there is probably a taxable gift which means a gift tax return needs to be filed. Second, there may be a property reassessment if the house is transferred to a sibling. Third, if the value of the house is equal to the purchase price there would be no gain. Fourth, to give a more definite answer the numbers have to be crunched. Fifth, this needs to be documented for posterity.
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But If you are the non-custodial parent and the divorce decree or separation agreement went into effect after 1984 and before 2009, the noncustodial parent may be able to attach certain pages from the decree or agreement instead of Form 8332. The decree or agreement must state all three of the following. 1.The noncustodial parent can claim the child as a dependent without regard to any condition, such as payment of support. 2.The custodial parent will not claim the child as a dependent for...
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No. Box 1 of you W-2 should not show your contribution to you company's PSP but box 13 should be checked. Your company has about 60 days from the date withheld to contribute the withholding to the plan. Make sure you review your PSP statement ASAP to see the funds are contributed to the plan. Your contribution is called a "pre-tax" contribution so it is normally taxed on withdrawal. To deduct your passive losses you need to do some tax planning. Note that I can send clients their tax...
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If the agreement is a valid contract it can be enforced against a Canadian resident in either USA or Canada. It should be valid under Canadian law because both our legal systems emanate from English law.
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The sale of tax-defaulted property by the county tax collector is free and clear of all encumbrances existing before the sale, with the following exceptions: Any lien for installments of taxes and special assessments, which installments will become payable on the secured roll after the time of the sale. A lien for taxes or assessments or other rights of any taxing agency that does not consent to the sale. Liens for special assessments levied on the property that were, at the time of the sale,...
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