My ex boyfriend claimed my two children on his taxes causing me to not be able to file mine.

Your question assumes that your ex-boyfriend was not legally entitled to the deductions. If your children lived in your ex-boyfriend's house and he...

How do I get a Tax Deduction on an Almost worthless investment in a C - Corporation? Is a 1244 Right for Me?

IRC § 1244 offers qualifying shareholders an important tax advantage when a small corporation suffers losses or goes out of business. Normally,...

Trying to find out if i pay taxes on total distribution during life of loan? every loan yearly, was taxed.

The excess of the cash surrender value over the aggregate premiums paid by you would be considered ordinary income. See Revenue Ruling 2009-13....

Can my ex wife claim my kids her step kids on taxes

If the children lived in your ex-wife's house from February through October and if she provided more than 50% of their support during 2012, your...

Can I claim my son and boyfriend on taxes?

Actually, you may be able to claim your boyfriend as a dependent. If your boyfriend lived with you for the entire tax year, made less than $3,650,...

Back taxes owed,

Yes, the IRS will use your refund to offset back taxes regardless of whether you have arranged for an installment agreement.

Are condo fees for secondary residence deductible?

You cannot add these amounts to your tax basis in the property. However, you may fully deduct property taxes and may write off 100% of the interest...

Can I claim a child in my taxes who is outside of the U.S.?

To qualify as an eligible dependent, your child must have lived with you for more than half the year. An exception exists for “temporary absences”...

What can i do if someone filed my taxes in 2011 without me knowing?

One of the defenses to the assertion of a federal income tax deficiency is that the tax is being imposed on income that the taxpayer did not earn....

I went to file my taxes today, and I owe. My employer put in the wrong number of exemptions. What can I do?

As Mr. Nielson stated above, you are liable for the tax, even though your employer neglected to withhold the proper amount. If you have the money...

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