Tax Question for short & long term disability settlement.
The taxation of the fees depends on many different factors. Someone would need to review your specific situation to be able to provide you with an...
Bethesda, MD
Tax Lawyer at Bethesda, MD
Practice Areas: Tax, Estate Planning, Business
The taxation of the fees depends on many different factors. Someone would need to review your specific situation to be able to provide you with an...
My colleagues are correct. I would recommend you meet with an attorney to go over the specifics. The tax is based upon what is left to a child,...
Someone would have to review all of the numbers associated with the property because I will assume there was also depreciation which may counteract...
You are the legal owner, but the only person who knows that is you because the deed has not been recorded. I recommend recording the deed, because...
My colleague is correct. You may also be responsible for foreign taxes in the country where sold, and you may be able to take a credit for those...
You can technically do this, but you don't know what the results will be until it occurs.
If you have an attorney already representing you and assisting you, you should check with them.
If you have no income and no foreign income you may not need to file taxes, but be sure to review all possible income even if not from a job.
I think it is best that you meet with an attorney to discuss all of your possibilities available.
You can only file single in the tax year in which the divorce is finalized. If not you must file married filing separate or head of household, if...