In AZ what is the correct exemption number 11-1134 A-? B-?? for transferring real estate property into a revocable trust?
Charles's answer
|
Answered on June 27, 2023
B. 8. would work.
8. From a person to a trustee or from a trustee to a trust beneficiary with only nominal actual consideration for the transfer.
If a church pastor is receiving large gratuities are they supposed to report it as income subject to income taxes,
Charles's answer
|
Answered on June 27, 2023
It is very much a facts and circumstances test.
When I sold my condo which is titled as a trust asset do I have to file a trust tax return for the capital gain?
Charles's answer
|
Answered on June 26, 2023
It depends on the Trust document. If it is a grantor trust, which it most likely is since they used your social security number, then it will get...
Pennsylvania State Tax ?
Charles's answer
|
Answered on June 26, 2023
yes, you can call the PA Department of Revenue and they will provide you info on any unpaid assessments. this is the link to the page with the...
Monitoring and Drug Screen Fees While Awaiting Trial - Are They Tax Deductible?
Charles's answer
|
Answered on June 26, 2023
Personal expenses are not tax deductible. However, the government does allow everyone either a standard deduction or itemized deductions. Medical...
I need to know the amount I am having taken out on my W-4 state tax and want to take more out?
Charles's answer
|
Answered on June 26, 2023
You can talk to your payroll or HR person and see your form W-4 and can even complete a new W-4. One of the lines on the W-4 allows you to indicate...
Protest of Increased Tax on vacant land due to appraised value increase imposed by Appraisal Review Board of Wichita Falls Texas
Charles's answer
|
Answered on June 26, 2023
At the hearing you will need to submit evidence of what you believe to be the true fair market value. They will consider an appraisal from a...
Do I have to pay a gift tax on gifted money?
Charles's answer
|
Answered on June 26, 2023
As the previous attorney said the receiver of a gift does not pay taxes. You can receive unlimited amount of gifts with no tax consequences. The...
FTB levied my account and paid themselves back money owed from unpaid taxes. Am I entitled to be given proof?
Charles's answer
|
Answered on June 26, 2023
You can contact the FTB and they will confirm the amount they received from the levy. They will also give you an account analysis as to any balance...
Is this clause talking about when and how a member of an LLC gets paid out their distributions? If so what is it saying?
Charles's answer
|
Answered on June 26, 2023
First understand the mechanics. LLC does not pay tax. The income flows to the members' tax returns and the individual member pays taxes.
This...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained