Archived
Can withdrawals from inherited IRAs be made payable directly to educational institute or loan payment for any tax advantage?
Magda's answer
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Answered on May 19, 2016
I am not clear on exactly what tax advantage you think. A withdrawal is still a withdrawal whether you receive it personally and then make a loan...
Archived
Is the inheritance tax levied according to the beneficiaries' state of residence or the decedent's state of residence?
Magda's answer
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Answered on May 19, 2016
The decedent's estate will file an estate tax return, if such is required, with the state in which the decedent resided at the time of death. If a...
Archived
Other then filing for a divorce which I am considering what can I do to protect myself from his lie. Please help I am low income
Magda's answer
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Answered on May 19, 2016
Luckily for you he filed his return as single and not jointly. Whatever he has done on his return will be his problem to deal with against the IRS...
Archived
Can I claim mileage on my taxes if I travel a certain amount of miles to an from work?
Magda's answer
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Answered on May 19, 2016
You cannot take a deduction for commuting to and from work.
Archived
Unauthorized Access and Distribution of my Social Security Number
Magda's answer
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Answered on May 18, 2016
Unfortunately if he obtained the information legally there is nothing you can do, unless of course your personal information is not safeguarded and...
Archived
How much rental income should I pay?
Magda's answer
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Answered on May 18, 2016
I recommend that you speak to a tax attorney or at a minimum a CPA. The rental home can provide you certain deductions to offset the rental income....
Archived
My accountant did not file our state taxes and now is not responding to our follow ups.is there anything I can do
Magda's answer
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Answered on May 18, 2016
Put your request in writing to your tax preparer and send it certified so that his signature is required. This will provide you proof that he...
Archived
What can I do to make the state of Oregon credit a Notice of Deficiency I paid off?
Magda's answer
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Answered on May 18, 2016
Governments are not as efficient as we would like them to be. So long as you have proof of the payment you should be ok. Just give them a little...
Archived
Social security payments garnished by New York State tax Authority. Can I do anything
Magda's answer
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Answered on May 18, 2016
By commingling the assets you have made it very difficult to differentiate between the funds belonging to you and your daughter. It is your burden...
Archived
Debo pagar impuesto sobre la renta al IRS?
Magda's answer
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Answered on May 17, 2016
Le recomiendo que consulte con un abogado de impuestos o por lo menos un contador publico para que le asesore basado en su caso particular. Por lo...