So sorry to hear about your 401k. Unfortunately, this is not really a tax issue. Really a matter of investment fraud, but there is no category...

This is not a DIY project. Recommend you engage a CPA who is familiar with FBAR regulations. You don't want to be penny-wise and pound-foolish.

Relax! You will get the basis step-up either way! If you are the Executor, then you will have a proceeding in Probate Court, and you should be...

If you don't want to hassle with Social Security, simply file for an extension on your income tax return. Your husband's 1099-SSA number will be...

If you provide more than one-half of their support, then you can claim your parents as dependent on your income tax return.

You should apply for your wife's tax ID #, and on the paper return that you file, write in "applied for" where it asks for her SSN.

Typically, an actual copy of the entire trust document is not recorded ---- just a shortened document called a "Memorandum of Trust." This is...

My best advice is to report correctly for 2023 and on a going-forward basis. Don't worry about amending prior years.

There is always that chance. However, at present, IRS computers do not seem to be linked chronoligically, so you may be OK. Best to report this...

When someone has a debt forgiven, they are considered by IRS to have received income in the amount of the cancelled debt. The lender will send...