Questions answered by Linda Simmons Campbell

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Should I write my separate bank account interest in my 1099 tax form that is filed married jointly?

Linda's answer | Answered on April 16, 2013

The amount of interest you earned would likely not change your taxes due by any great amount, however, when the IRS compares your return to the...

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If I pay property taxes that my lanlord owes and he does not pay me back within 60 days can I own the house?

Linda's answer | Answered on April 16, 2013

I agree with the Attorney Buck. You have a small claims case but you will not own the home.

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How long after you get letter the irs i going to garnish wages or empty your bank account before it actually happens

Linda's answer | Answered on April 16, 2013

If the IRS filed a substitute for return for you and has sent all the proper notices and granted you all of your hearing rights they can move...

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I am planning to apply for innocent spouse form 8857

Linda's answer | Answered on April 16, 2013

I am not clear on what you are asking. If you are worried that you can be responsible for his taxes for this year, you will not be because you...

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I am in the middle of a divorce (filed Jan). My STBX efiled our taxes, directly into his new separate acct

Linda's answer | Answered on April 16, 2013

I agree with the other Attorneys. Have you expressed to your Attorney that you feel he is being too nice? If not you should, and then if you are...

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I did a deed in lieu on our home and the bank forgave 74,000.Now we found out we have to pay the taxes on that amount

Linda's answer | Answered on April 16, 2013

I agree with the other Attorneys, you may not have to pay taxes. If you do owe taxes you may be eligible to be marked Currently Not Collectible or...

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Tax consequences of transfer of life insurance policy.

Linda's answer | Answered on April 16, 2013

I agree with Attorney McMahon. I would also contact an accountant or estate lawyer to discuss the future ramifications of your wife owning the...

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My husband who filed for divorce insists on filing our taxes "married filing separately."This places me with a huge tax burden.

Linda's answer | Answered on April 16, 2013

As far as the IRS is concerned you cannot force another person to file a joint return with you. You should speak with your divorce attorney to see...

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Saving account tax

Linda's answer | Answered on April 16, 2013

If you are filing married filing jointly then you need to include everything on your joint return. You do not file anything separately regardless...

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If you are given a check for 10k settlement what will I expect to pay next year taxes 2014?

Linda's answer | Answered on April 16, 2013

If the settlement was compensation for wages then it will be taxable. As the previous attorney stated if it was received for pain and suffering it...

Linda Simmons Campbell's Answers (406)

Should I write my separate bank account interest in my 1099 tax form that is filed married jointly?

If I pay property taxes that my lanlord owes and he does not pay me back within 60 days can I own the house?

How long after you get letter the irs i going to garnish wages or empty your bank account before it actually happens

I am planning to apply for innocent spouse form 8857

I am in the middle of a divorce (filed Jan). My STBX efiled our taxes, directly into his new separate acct

I did a deed in lieu on our home and the bank forgave 74,000.Now we found out we have to pay the taxes on that amount

Tax consequences of transfer of life insurance policy.

My husband who filed for divorce insists on filing our taxes "married filing separately."This places me with a huge tax burden.

Saving account tax

If you are given a check for 10k settlement what will I expect to pay next year taxes 2014?