Archived
What can my husband do about claiming kids on taxes?
Josiah's answer
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Answered on July 19, 2016
No. In order to claim a dependent child, there are very specific rules provided by the IRS. First, the dependent must be your son, daughter,...
Archived
When do I need to pay capital gain tax on the foreign house sold? The year house is sold or the time money is transferred to US?
Josiah's answer
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Answered on July 18, 2016
As a United States citizen, all income earned, whether in the US or world wide, is taxed when it is realized. Repatriation only applies to...
Archived
How much inheritance will I actually receive?
Josiah's answer
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Answered on July 15, 2016
There's not enough information to fully answer this question. This issue turns on how the $5000 was granted to you. If the your Grandma granted you...
Archived
Do I claim mileage reimbursement on my taxes?
Josiah's answer
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Answered on July 15, 2016
In calculating state income tax, Indiana utilizes the Adjusted Gross Income (AGI) amount from your Federal Tax Return. Indiana doesn't provide for...
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