Do I have to pay state income tax on the gift?

No. A gift is not taxable income to you for Federal and State purposes.

When are you required to file taxes for an estate?

You will need to file his final 1040 for 2015. Your tax and estate attorney can direct you in handling the estate. Sorry for your loss. Ron...

Can the IRS intercept the payout from the insurance company before it get to me?

Since you have an installment agreement, as long as you remain current will filing and paying taxes, and pay the installment agreement, the IRS...

Am not able to find a tax attorney any suggestion.

DO NOT CALL THE IRS!!!!!!!!! There are tax attorneys on Avvo, Lawyers.com, etc. Also, you can just search. This is potentially criminal, you need a...

Am I exempt from a tax penalty??

Most likely, it is subject to the penalty. Living expenses and school are definitely not reasons to withdraw from your retirement plan with the...

Will I now be responsible for paying back his back taxes to the IRS? Also, will I need to prepare and file his 2015 return?

No, under most circumstances, you would not be liable to the IRS for your late husband's obligations to the IRS because you filed Married Filing...

Yes, since you are an individual, the purchaser needed to issue the 1099. You will report the income, minus your basis (probably the cost if it was...

Needing advice How & Who we shld be seeking to help handle our Inheritance taxes & monies for 2015 ??

You absolutely need a local tax and estate attorney to handle the Estate and guide you on the necessary tax issues. I am sorry for your...

What are my options to bypass the tax refund intercept attached to my SS # and receive at least some, if not all of this refund?

There is not much you can do at this time. However, you should increase your exemptions on your W-4 so you will have less of a problem in...

Does the estate pay tax on the income or do the two beneficiaries of the estate pay tax on the income?

Until the property is transferred to the beneficiaries, the estate would pay income tax. Once the property is transferred to the beneficiaries,...