I did not work in US in 2012 but made a small amount of interest in savings (in a US bank). Do I need to file a 2012 tax return?

If you are a US citizen or green card holder in 2012 then you must file returns on world wide income, including interest. If you are not those,...

A long time friend of mine told me that she has not filed tax retuns in over 40 years.

I have dealt with these issues many times over the years. The issue of unfiled tax returns really doesn't mean going back more than the current...

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What is the limit of monetary gits that I can receive in 2013?

Gifts are made by donors and do not affect the donee but the donor is the one who must account for them. Each US resident can make a non-reportable...

Tax

I agree that you should file both federal and state returns even if you have no reportabel income and send it in certified mail return receipt...

Can I claim my sister on my taxes?

These are best answered by your tax retrurn preparer. You will need to have a conversation with your sister as well to make sure both are on the...

Can i claim my 22 year old friend on my taxes?

Yes, under certain circumstances, an unrelated person can be your dependant for income tax purposes under IRC Section 152(d)(2)(H). This requires...

How do I protect myself financially from my fiance's ex girlfriend & child support duties once we are married? Massachusetts

There are several ways to protect your assets. There are asset protection vehicles such as placing the home in another enity that you alone control...

Should I have filed my income tax return

First, any unemployment income is taxable income. So if that is zero and the amount of earned income is low, there is no federal income taxes due...

Partition property in joint tenancy for unrelated partners

Your question raises many issues. Some facts are not clear but an oral agreement concerning real estate can be voided as agaisnt the statute of...

Tax question...... What is the time frame on the year to be able to file that I supported someone?

To have a child as a dependent they must be (at yearend) under age 19 or under 24 if they are a full time student for at least 5 months of the year...