Would buying a home and putting the title into my daughters name be considered a income or gain for her and taxable?

The IRS does not provide legal advice. There are private letter rulings issued by the IRS, but that is an exception and not generally used for the...

Am I liable for her medical expenses? Should I continue to put her as a dependent on IRS return? does that compromise Medicaid?

Unless you co-signed or somehow assumed responsibility for the medical expenses at the time they were incurred you are not legally responsible for...

Do I need a lawyer to complete paperwork to finalize the transfer of the property? What do I need to know about inheritance tax?

I am not sure what you mean when you say you were "given the deed to one of his homes". Did these deed transfer the property to you or name you as...

In the case of an inheritance the basis of inherited property is generally the fair market value of the property on the date of the decedent's...

Is the equity in this home I don't live in going to keep me from doing bankruptcy?

You need to contact a knowledgeable and qualified bankruptcy attorney in Pennsylvania. They would be able to help you determine whether the house...

How do I correctly declare my actual settlement amount on my taxes. Do I have any options? I only received $12.5k..help!

It is impossible to answer your question since you do not state why you received a legal settlement and whether you received it in your individual...

How should i go about this

If you are looking for a lawyer there are many sources for locating one. You can use avvo to search the background and experience of lawyers in the...

Tax Return Amended?

Are you referring to federal income tax returns? If so, the 2015 return is not due until April 18, 2016 so not sure why it would need to be...

I worked for a firm out of my resident state. Where do I file tax return and ,if laid off, where do I file for unemployment com

If you are referring to your federal income tax return my recommendation is that you file it electronically. Your refund is usually processed...

What tax option should I use while filing the tax?

lf you were married as of December 31, 2015 then you have to file as married filing jointly or married filing separately. You can only file as...