Questions answered by Steven J. Fromm

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What qualifies as a legal dependent?

Steven's answer | Answered on February 11, 2011

Salary or Wages Although I am not a FL attorney, here is what my preliminary research has uncovered. "Wages, earnings or compensation of the...

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I only made $940 dollars last year, and only received less than $10 in interest in bank accounts. Do I need to file taxes?

Steven's answer | Answered on February 11, 2011

Single dependents such as yourself who are under age 65 and not blind, must file your return if any of the following apply: (1) Your unearned...

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If I am 20 years old and I made 4999 last year. Can my mom claim the exemption amount?

Steven's answer | Answered on February 11, 2011

I disagree with the prior attorney as to his reasoning but do agree with the conclusion that you can not be claimed as dependent. IRS...

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We adopted 2 children ages 2 and 3 in 2010. They are half siblings. According to the Adoption Tax Credit information,

Steven's answer | Answered on February 11, 2011

Under new Adoption Credit Rules for the 2010 tax year, you must attach one or more adoption-related documents (identified in the form instructions)...

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Enter your question here. e.g., Do I need a real estate attorney?What are the penalities for tax fraud?

Steven's answer | Answered on February 11, 2011

You need to retain a tax attorney to talk with the IRS if you are not getting anywhere with them. As for the penalties, the perpetrators are...

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I would like to gift $100,000.00 to a friend in direr need. Is there any law where there may be a tax on the friend or myself,?

Steven's answer | Answered on February 11, 2011

Generally, inheritances and gifts are not taxable income under Section 102 of the Internal Revenue Code. Also, there is no income tax in Florida. ...

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My grandfather is 91 years old and lives alone. However he has 2 women that are moving into his house and taking all his money.

Steven's answer | Answered on February 11, 2011

In these situations you should retain an estates or elder law attorney to assist you in getting named as his conservator/legal guardian. This...

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My Brother died without Insurance and I'm the only living relitive, I'm I responsible for his arrangements that I cannot afford?

Steven's answer | Answered on February 11, 2011

The prior attorney offers sound advice. If you did not guarantee or cosign on any of his obligations you have no personal liability. As for his...

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If an account of a Will is not filed to court, being a small estate & I, a beneficiary do not agree, what recourse have I?

Steven's answer | Answered on February 09, 2011

You need to retain an estates litigation lawyer to appear in court on your behalf. The will needs to be followed and if not your lawyer needs to...

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Who gets to claim the child as a dependent on the tax return?

Steven's answer | Answered on February 09, 2011

This is a tough factual situation and depends on meeting various federal income tax tests. Note that only one of you can claim a child as a...

Steven J. Fromm's Answers (9012)

What qualifies as a legal dependent?

I only made $940 dollars last year, and only received less than $10 in interest in bank accounts. Do I need to file taxes?

If I am 20 years old and I made 4999 last year. Can my mom claim the exemption amount?

We adopted 2 children ages 2 and 3 in 2010. They are half siblings. According to the Adoption Tax Credit information,

Enter your question here. e.g., Do I need a real estate attorney?What are the penalities for tax fraud?

I would like to gift $100,000.00 to a friend in direr need. Is there any law where there may be a tax on the friend or myself,?

My grandfather is 91 years old and lives alone. However he has 2 women that are moving into his house and taking all his money.

My Brother died without Insurance and I'm the only living relitive, I'm I responsible for his arrangements that I cannot afford?

If an account of a Will is not filed to court, being a small estate & I, a beneficiary do not agree, what recourse have I?

Who gets to claim the child as a dependent on the tax return?