New York, NY
Tax Lawyer at New York, NY
Practice Areas: Tax, Business ... +2 more
You automatically became the sole owner of the account upon your husband's death and the account does not need to go through probate. Usually the...
It is quite common for an estate to pay estate tax before filing the estate tax return. This is done on an estimated basis if the return is not...
You only need to list assets that exist. So if the $90K is the only one, that is all that is required. The Surrogate's Court asks the question...
The answer to the occupation question on the 1040 is not a particularly important one, so whatever answer you use should not have an impact on your...
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Your legal status at year end determines your filing status. Since you were still legally married, and not legally separated (i.e., you do not...
Upon sale, the beneficiary will need to pay capital gains taxes on the difference between the sales price (less sales costs) and the basis. In the...
The sale of a home is a taxable event. Subject to the exception described next, the usual rule is that the seller must pay capital gains tax on...
The situation you are describing is very likely an attempt by someone to defraud you. Of course, accepting funds such as those described would be...
As a Small Claims Arbitrator sitting in the Small Claims Division of the Civil Court of the City of New York, I would suggest that you consider...
It is hard to tell from the facts you provided why the check you received was $62 less than the amount you requested. But since the amount you...