Married since 2017 but been filling head of household, he has been living in a separate home? in 2020 we are residing together.

To qualify for the Head of Household filing status lwhile married, you must: File your taxes separately from your spouse. Pay more than half of the...

Tax implications of rental property sale

First you have too little info here to make calculations. Second, this website isn't the place to get an answer to that question because if there...

Yes you don't have to dissolve the LLC & it will be done by the state & the owed money won't affect you personally or your credit & so you are good.

I am trying to understand if the town has the right to put a lien against my property taxes?

I'm sorry but it's your obligation & a better practice is to have you pay the obligation & the lease require the tenant to reimburse you. Worse is...

I recommend you reach out to the IRS's Taxpayer Advocates office for help. They can be reached at 877-777-4778.

Is the gain on the sale of a personal residence in an estate relieved from taxation?

Unfortunately, the gain from date of death until sold is not excluded as sale of a primary residence. You get the step up in basis equal to the FMV...

If you are in the US for 330 days or more in any calendar year then you still file as a resident just as you always did with the green card. I...

Capital gains from inherited house paid by estate or beneficiaries?

If you performed the services then you must pay the taxes on the income and it doesn't matter who's account the funds went into. If PayPal issues a...

What expense amounts go on the irs form 1041 to offset income?

Your question is a good one and quite common. It's also very complex. Losses can be passed through to beneficiaries but only on the final return...

Can I refuse to sign their contract and sign my own contract instead?

Since you don't want the royalties, and you don't want an interest in the LLC, you don't have to sign anything. Even if you did, you don't have to...