Can i legally claim the first time homebuyers $8000 tax credit before closing the sale?

In order to be entitled to the $8,000 first-tiem homebuyer's tax credit, you must actually purchase the home. So, until you own the home, you are...

Help i owe some back taxes but i am wanting to do and have tried an offer an compromising with the irs but each time i was rejec

Both of the previous answers are correct. Offers in compromise sound great but are rarely accepted. For an offer to be accepted, all of the...

If I marry someone with a hugh tax debt will I be stuck paying for it once we marry?

I agree with the previous answer. Has your boyfriend been contacted by the IRS recently? Remember also that there is a difference between...

Is the IRS required to provide a tax refund if income taxes were filed late

Mr. Ham is correct. You must file a claim for refund within a specific period of time. Otherwise, you do not have the right to the refund. ...

Tax consequences for separation of long term same sex relationship

Were you legally married? If not, then you cannot deduct the payments as alimony. Plus, the right to such deductions is generally based on a...

If i repossess property i sold because the buyer defaulted, but he owes back taxes on the property, do i have to pay the taxes?

Mr. Addy is correct. This is why most lenders, especially banks, escrow the property taxes and insurance, to protect against borrowers who do not...

If i repossess property i sold because the buyer defaulted, but he owes back taxes on the property, do i have to pay the taxes?

Mr. Addy is correct. This is why most lenders, especially banks, escrow the property taxes and insurance, to protect against borrowers who do not...

Is $664 to much to be charged to have your taxes done at a tax service agency

I've seen fees significantly higher than $664. But, as Mr. Levy properly points out, it depends on the complexity of your return. Also, if you...

Do I have to file amended Tax return if I wish to carry forward the full amt of the excess contribution to a subsequent tax yr

I agree with the previous answer. You have not provided sufficient facts to make a fully informed answer. There may be other facts and...

The first two answers were right on point. Besides addressing your potential issues, I would highly recommend that you hire a tax professional to...