Can I sell my vehicle after my chapter 7 is final?

If the trustee has abandoned the vehicle then you can sell it. However, if the vehicle was financed then you have to look at contract to determine...

The lottery winnings are unearned income since it was not derived from work you have done. I suppose it could be earned income if you are a...

Taxes Due in The US from The receipt of inherited property in Italy

Inheritances are not taxable income for federal tax purposes. Therefore, your father does not have income from the inheritance. However, for...

Can I claim EIC only on my tax return for my 19 year old daughter who already filed her taxes, claiming her tuition expenses?

The following link may help you. https://www.irs.gov/publications/p596/ar01.html

What do I do if I put my tax refund check into an account that also has my husband named on the checked but he's not longer aliv

If the account is a joint account then you can use the account as you normally would. You should take a certificate of death to the bank so that...

Who can deduct moving expenses?

If he did not pay them he cannot deduct them. If you pay them you cannot deduct them since you were not the ones who moved.

What does it mean when the IRS reviews an income tax return?

Is the return being reviewed or the returned check scenario. If it is the returned check then it just means they need to make sure that the check...

Can a home office also deduct the garage sq ft if it is being used to store tools for the job?

The following link may help you understand the home office...

What do we do with a tax audit re medical/Cobra bills when the auditor changes the scope of the audit w/ last receipts?

The IRS can audit an entire return. It is not limited to only one issue on a filed return. It is not unusual to start with one issue and discover...

Residency status for S-corp

An S corporation cannot have non-resident aliens as stockholders. If you are a US citizen or US resident for immigration purposes you are not a...