You are only allowed to claim one homestead. In order to claim a homestead exemption, it will actually have to be your homestead or that of your...

Will they take it?

There are numerous factors to determine whether or not you will lose the house and cars. Did you claim the house and vehicles as exempt? Do you...

Will my tax refund be taken for my husbands child support debt?

Unfortunately if you file a joint return with your husband and a refund is generated, the IRS will retain the full amount for payment of the child...

Tax?

There is no reason to worry. The IRS is not going to ask for your teenaged cousin failed to file returns. Yes, failure to file and failure to pay...

Tax?

It is highly unlikely that she will go to jail. Although failure to file a return and pay taxes is a criminal offense, the irs does not prosecute...

The return has been received by the IRS and it is being processed. While generally refunds are issued fairly quickly when a return is...

Will someone go to jail for ACCIDENTALLY NOT FILING a tax return worth $23k ?

It is highly unlikely that the IRS will refer your cousin's case for criminal prosecution for failure to file a return and pay taxes. While both...

Claim Insurance on Federal Taxes?

You do not state what type of insurance is involved. Assuming you are the beneficiary of a life insurance policy: 1. Life insurance proceeds you...

A gift is not taxable to the person who receives the gift. The $15,000 threshold you refer to applies to the person who makes the gift. The donor...

Unfortunately, since your disability benefit is not service-connected (i.e. a veteran's type benefit), it is not exempt from levy by the IRS. The...