Will I have to pay taxes on Irrevocable special needs trust?
If the trust exceeds the exemption then the trust document itself should adjust how taxes are handled. For instance, the trustee may be responsible...
Bradenton, FL
Tax Lawyer at Bradenton, FL
Practice Areas: Tax, Estate Planning ... +3 more
If the trust exceeds the exemption then the trust document itself should adjust how taxes are handled. For instance, the trustee may be responsible...
I would probably wait to have him sign the return, but electronically filing does not require signatures.
This question is more of a Trust and/or Estate Planning area. Therefore I am changing the practice area. You should seek out an attorney for them...
Perhaps the other parent will understand and you can simply switch years and allow the other parent to claim the child the following year. You can...
If you cashed out the return in 2018 then that is income in 2018 and will need to be included in your 2018 tax return. The amount of tax that you...
You can paper file a return claiming the dependent. If the dependent was claimed by another taxpayer it will spark a request from the IRS for...
There is a tax component to your question regarding the IRS liability and your inability to pay. You may want to consider a collection alternative...
You should contact your State Attorney and file an Identity Theft report with the Federal Trade Commission. I do not recommend ignoring the issue...
You may want to paper file your return claiming the dependent. If an additional taxpayer claims the same dependent, it will spark a request from...
The Arizona State Department of Revenue should have a Taxpayer Advocate program. Perhaps a phone call to them will clear up the discrepancy between...