I have a lien on my checking account for a loan I signed can I file bankruptcy?

Lien on your account? What is that since cash is not subject to a "lien". Since you mention that there was an automobile loan on which you...

Hello, I have a question related to Capital gain on an investment property.

When you sell the property the amount of taxable gain is determined by the sales price minus the basis in the property. The gain does not change...

Does my daughter qualify for Florida in state tuition?

This is not a tax question. Ask the university for the regulations regarding what is required for in state tuition and see if your daughter falls...

How can we fix this ?

I highly recommend that you speak to an experienced tax attorney who can review your husband's tax situation. The attorney will be able to discuss...

The credit card should have no impact on your bankruptcy case. Any debt you incur post petition will not be discharged in the bankruptcy. I am...

Can I file 1040X if I forgot to send in my 1099 from Uber & can I claim a credit for attending a medical trade school?

Yes, you can amend your 1040 by filing a 1040X. If you anticipate a refund as a result of the amendment you must file the amended return by April...

Does a premarital Investment account turn into marital if marital funds were added for a couple days and then transferred out?

It seems to me that this question is best answered by a family law attorney who is more well versed on what constitutes a marital asset. I have...

If you have official notification that the trustee has abandoned the vehicle, it is no longer property of the estate. However, since you are...

What do dual citizens have to declare?

The rules on foreign assets are complex and there are several different filing requirements. The penalties for failure to file are substantial. I...

I am inheriting about 80K from my father's irrevocable trust (he recently passed away). Are the proceeds that I receive taxable?

An inheritance is not subject to income tax. However, if the inheritance is an income producing asset, the income generated by the asset in the...