If you move out and sell quickly, you can exclude the gain from the unit you lived in. If they are all equal then yes, 1/3. If they are not you...

You need to hire a tax lawyer ASAP to guide you on what to do to protect yourself. You also should file your own innocent spouse. Claim.

No, paying you damages for a motor vehicle is not income to you. It could be a capital gain if the the payment exceeds the cost basis of the...

The interest is deductible (subject to the max deduction for interest) because its purchase money to buy real estate.

Massachusetts follows the federal rules for income taxes with limited exceptions. I do not believe the state differs from the federal with respect...

If you paid the full amount by April 15 then you can say you don't owe any income taxes. Immigration want to be sure you have filed & paid by the...

Yes it does. Your language is quite broad in giving the trustee authority to sprinkle income in different amounts among the beneficiaries.

Your question isn;t really clear. If he's your husband and he gives you permission to sign a return you can. But if you are asking if you can file...

No there is no need to file a return in MA. That is unless your W-2 from your employer states you had MA source income. If it's just CA you are...

I referred this to the Family Law section. It's not a tax question [yet]. Generally when you get divorced all your assets and all your debts are...