We need a lot more detail before attempting to answer this question. However, my initial impression is that the first opinion may be incorrect.

You or your daughter will receive a W-2 form from the Social Security Administration detailing the payments. Whoever receives this form will...

POD?

If indeed this event was in essence an inheritance, then the survivor should have no income tax liability. That answer would change if the POD...

If you are talking about a "refund" of overpaid tax, the IRS will only keep it if you owe money to a governmental institution, not a private person.

Can someone help me.? I’m not sure if I need to file my 1099 if it’s just $10?

When you file your tax return, you will include the stock sale, and report $5.59 of capital gain.

I agree that the FBAR penalties can be unfair, and were not well thought out prior to enactment. An attorney can guide you through the streamlined...

It appears that the fiduciary at least attempted to correct their mistake. Your mistake was paying the unnecessary additional tax, and not taking...

We don't know what EDD or PIT are supposed to mean, but your situation is serious enough that you should consult with a tax attorney to determine...

Must person who collects items found (i.e. by metal detecting for instance) need to declare the value of the items as assets?

Technically, the answer is yes. However, the IRS is not likely to be concerned if the amount is very small.

How is income from small claims court taxed? My aunt’s bank cashed a suspicious check and the bank is offering to settle.

A W-9 is not an income reporting form. And, the money received in the suit is probably not income, especially if it just represents a return of...