Can I claim my ex-boyfriend's children on my 2016 tax return?

In determining whether a person can be claimed, you would need to review the Qualifying Child (QC) and Qualifying relative (QR) tests to determine...

If you are on disability and get a settlement for an auto accident is that Money taxable

You may need multiple professionals here. An attorney who worked on your case should know if it was collected for personal physical injury. A CPA...

How many federal taxes would I have to pay for a winning of $5,000

See IRC section 1. This will lay out a chart that will show you tax brackets. You will need to know how much income you are receiving from all...

I'd recommend approaching your local IRS office to ask that question and/or request any tax transcripts you may need.

How do I file my fathers will in probate court if I do not live in the sate he passed away in?

It is true that if there is real estate left to you in Florida that youl will likely need to contact an estate/tax attorney down here. There are a...

Do i file taxes to show i have health insurance even if i dont have a W2 to file?

I am not aware of any tax filing requirement specifically for health insurance. To determine if you will need to complete an individual income tax...

Income tax

IT is true that for 2016 the filing requirement occurs if a married couple earns over 20,700 if both spouses are under age 65. The analysis changes...

Question re: appropriate filing status for a widow on 1040 form

There is good information from the prior 2 responses. However, an additional note. The filing of MFJ will happen only in the year of death. Every...

Will my lump sum pension payout from my former employer be added to my SSDI income yearly amount

If your pension or 401(k) is deemed a "Roth" Account it will not be taxable. Assuming it is a regular pension, moneys that went into the pension...

Would there be any financial problems with my being named beneficiary on a friend's life insurance policy?

When you ask if there would be any financial issues, that questions pretty vague. Are you allowed to be a beneficiary on his life insurance policy?...