You can cancel the US Tax Court case if you paid the full amount AND you don't wish to pursue getting a refund by contacting counsel for the...

You probably won't owe taxes but much more information is needed. Hire a tax lawyer to prepare the taxes for you.

The previous answer is correct. You need to file but no tax is payable. You should hire a lawyer with experience in preparing gift returns.

This type of change means that your divorce lawyer needs to seek a modification to your payments to your spouse since the amount of income you...

The test for the filing requirement is gross income, not net. The test for a trust is gross income of $600 or more (regardless of taxable income)....

The recipient of a gift owes no taxes. And no federal or Massachusetts tax would be owed by the person gifting in nearly all cases.

There are tax implications but presumably little to pay due to the step up in basis but it's complicated so hire a good tax preparer to guide you.

There is not enough information here to advise you and in addition Atty. Callahan is correct that you should hire tax counsel to advise you and not...

MA has no gift tax. The federal limit on tax free gifts is well over $10 Million. Gifts are tax free to the donee. I highly recommend you see legal...

You cannot be issued two different 1099s for the same payment. You'll have to report both & subtract one to be reporting it for the correct amount.