Does "May claim dependent" in divorce decrees mean you have to give up exemption with no instructions to execute a 8332 form

You need to have an attorney sit down and carefully review the agreement to see what your options are as Mr. Longman suggests. The devil is...

Quit Claim deed filed in 2001 and was told by a lawyer the property was mine, however, the tax department states differently.

You have a serious issue and need to hire a real estate attorney and get a full blow title search done. A quit claim deed is simple and does not...

Can Missouri put a lien on my car/property or garnish wages for state taxes while living in Texas?

If you defaulted on the payment plan your move to Texas likely does not prevent Missouri from placing liens on personal property it can find. You...

Employer pre withhold tax of whole month from my first paycheck of the month, is it ok to do so

This certainly sounds fishy to me and in fact the employer withholding taxes from wages for work you HAVE YET TO PERFORM is not right. There is no...

If the original lease agreement did not obligate you to pay taxes owed or contribute towards those amounts then they are likely trying to get you...

Do i need an estate lawyer?

The executor does not typically need approval from the beneficiaries of the estate to sell assets absent specific instructions in the Will that...

Tax law, IRS, Income Taxes. I have a property in contract right now, all of my money is in, cash. The seller and me, the buyer

Merely having the property under contract is not a realization event for income tax purposes. When you close the deal and transfer title in...

About this time I filed taxes online, but it kept rejecting one of my children.What does that mean?

How long ago did you send the paper filing? The IRS is unusually backed up due to the sequester and other budget cuts. If you have heard no...

I am half owner in 12 ac. of land in FLA. I have paid all prop.tax. The other half owner has not paid any. What are my options

I would send a demand letter for reimbursement for the amounts you advanced on the other owner's behalf. If that does not work, you will likely...

Is there a federal and/or state capital gains tax on an inherited home that is sold in 2-3 years?

The value or your 1/2 interest is 1/2 the 1.3 million based on date of death basis. The value of the other half you acquire will be what you pay...