For tax purposes, would this be considered a gift? No services were rendered or products sold.
Based upon the fact pattern, it seems that your brother and his wife were paying "rent" each month by paying off your mother's mortgage - assuming...
Rockland, MA
Estate planning Lawyer at Rockland, MA
Practice Areas: Estate Planning, Litigation ... +2 more
Based upon the fact pattern, it seems that your brother and his wife were paying "rent" each month by paying off your mother's mortgage - assuming...
In 2015, you may make gifts totaling $14,000 to each grandchild without requiring the filing of a federal gift tax return. You may also make gifts...
I think the best route would be to contact the CPA who prepared your amended return to walk you through the changes and make certain they are correct.
As indicated in the prior response, it may not be necessary to have a formal court appointment to obtain the tax refund. However, a refund check...
I agree with my colleagues - if you are a Massachusetts resident and own real property both in Massachusetts and Florida upon death, your estate...
It would be most beneficial to use a copy of the original return and a copy of the tax information used to prepare the return, so that you may...
As indicated in the prior responses, your best bet is to contact an elder law and/or estate planning attorney to determine the most appropriate...