Hello, I’m writing on behalf of my best friend who lives in Ohio. There’s a total of 3 siblings. (2) sisters (1) brother.
Kaye's answer
|
Answered on June 27, 2022
This sounds like yet another example of "probate avoidance" gone bad. If this estate had gone through probate, then everyone would have gotten...
Will I get into trouble depositing this cash?
Kaye's answer
|
Answered on June 27, 2022
OK -- I'm assuming that your father either made you a co-owner of the account or a Transfer on Death beneficiary. If not, you will need to get...
State of California said I owed them taxes and went into my back account and took the money out?
Kaye's answer
|
Answered on June 26, 2022
California got your name, address & SS # somehow. If you got your money back, that's about the best you can hope for. California is a Red-Red...
How can my fiancee clean up his tax record quickly before we get married?
Kaye's answer
|
Answered on June 25, 2022
You shouldn't have to pay his back taxes --- just be sure that you do not own property together (i.e., a house), as the IRS will probably put a...
Is the virtual office address legal in US and accepted by IRS for business as well as for personal tax retuns?
Kaye's answer
|
Answered on June 24, 2022
IRS won't mind. And YES, you can still deduct your home office expenses, if the space that you use as a "home office" meets all of the other...
How is Tax treated in US when bringing money in from UK home sale being a non resident?
Kaye's answer
|
Answered on June 24, 2022
If you sell the property in UK before you move to the US and become a permanent resident here, there will be not income tax consequences. There...
Sale of mobile home in FL used as winter residence subject to capital gains? Is it considered real estate of personal property?
Kaye's answer
|
Answered on June 24, 2022
If the mobile home was your principal residence (which it is not), you would qualify for the $250 K ($500 for married filing joint) capital gains...
WILL I HAVE TO PAY STATE OR FEDERAL TAXES?
Kaye's answer
|
Answered on June 24, 2022
Agree with Mr. Cowan. Inheritance settlements are not considered taxable income. Too bad the attorney didn't write something about this into...
settlement payer needs to send me a 1099-MISC; I will report income, but do not want to give out my SSN
Kaye's answer
|
Answered on June 23, 2022
You need to give him a TIN. If you do not want to give him your SSN, apply online for a TIN (as you would for a business).
I've filed my taxes wrong for 5 years
Kaye's answer
|
Answered on June 23, 2022
You need to sit down with a tax attorney or CPA and review what has been happening and what can be done, if anything, to fix it.
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained