If he received this money do we owe taxes on it? Even if we're divorced?

It all depends. If: 1. Your husband received income from Chase in a year during which you were still married 2. You and your husband filed a...

IRS

Per the IRS: spouse in determining whether equitable relief is warranted. To seek innocent spouse relief, separation of liability relief, or...

Can a tax preparer tax money out of your refund with out you oweing them

How did the preparer get access to your refund. Usually it is either directly deposited in your bank account or they send you a check. If it is a...

I'd like information on IRS Due Process.

First know this: The IRS will NEVER e-mail or call you about a tax situation. You will always receive a letter in the mail. There are a lot of...

There are several different tests for determining whether a tax can be discharged in bankruptcy. The 240 day test is only one of them. In...

The general rule is that the income from the lottery is probably subject to income tax as it is unrelated business income of the church. Per the...

Does a beneficiary of a Life Estate Trust pay inheritance tax?

A person who inherits assets from a decedent is not subject to income tax on the inheritance. In addition, the basis of the property is the fair...

CAN I DEDUCT PAY TO PEOPLE WHO WORK FOR ME OUTSIDE THE USA ON MY INCOME TAX.

You need to provide more information. Is this a business? Why are you paying these people, i.e. what is the purpose? Generally, if you are...

Avoiding capital gains tax on second property if selling 2 properties within one year.

Per the IRS: In general, to qualify for the exclusion, you must meet both the ownership test and the use test. You are eligible for the Section...

Chapter 7 bankruptcy. Debt owed to ex wife dischargeable? Was part of marital settlement agreement but not for support.

In a Chapter 7 proceeding a debt to a spouse which is not in the nature of support but was incurred in the divorce would not be discharged. You may...