I'm confused. You say you were the "sole owner" of your late father's property. If you were the owner, then it wasn't your "father's property", and...

For Federal income tax (and Georgia income tax too) purposes, the sale of any items can trigger taxable income when the item is sold for a profit....

I hate to tell you this, but that rule is well settled and pretty clear. The Official Code of Georgia section 53-4-23 provides that a testamentary...

This can be somewhat of a magical mystery tour. If the amount your repaid was more than $ 3,000, you can deduct it on Schedule A as an itemized...

Turbo Tax is a processing application. They do not become the preparer of your tax return, you are. While it is possible that some glitch in their...

I don't know exactly what kind of 1099 you received, but there is a difference between getting a 1099, which you do have to report, and actually...

I changed your topic to "immigration" so the immigration bar can weigh in on your question. Whether your business is legal or not, if you earn...

The fact that the estate is still open is not necessarily important as there is no requirement to close an estate. The fact that you haven't been...

Please accept my condolences on the passing of your mother. The question is where was your mother residing at the time of her death. Her estate is...

Do you have representation before the IRS for your most immediate problem, that being the underreported income ? It is possible you might be able...