I moved to Texas a year ago and I'm filing my first tax return. Community property state. Family law issue

The IRS guidance regarding filing status and reporting requirements include that if you are married filing separate, you report 1/2 the community...

The penalty is that the parent who is not entitled to claim the child loses the exemption and related tax credits, their taxable income is adjusted...

Who can I call if my W-2 is incorrect ?

You should contact your employer first and request a corrected W2. If unable to obtain a corrected W2 from the employer, you should file your...

I sold some gold coins for my aunt, for whom I am Power of Attorney; do I have to claim them on my tax return?

No - you do not include the income as taxable income on your return, as it is her income and you acted as her agent in selling it. If the buyer...

Am I considered when filing for tax refund legally seperated or married or single?

The significance of this issue usually relates to whether there are dependents and who may claim head of household filing status. Per your...

Im I required to file a tax return for my deceased father?

Yes - if you are his executor or personal representative, whether appointed by a court or just in fact, then you need to file a final income tax...

Hello. I received a judgement against me in 2013 for credit card debt and now received a 1099-c

Yes, it certainly is possible to get a civil judgment and a Form 1099-C in the same year, for the same or different debts. You ought to consult...

I forfeit a business because I was confused and never paid franchise tax. Do I start a new biz or pay and reinstate that one?

It is more appropriate, and costs less, to file the unfiled Texas Franchise Tax returns and reinstate the entity than forming a new one. You can...

I have a IRS Tax Debt of $22,998.00---this is for the years 2204, 2005, 2010,2011--can I file bankruptcy to get rid of this debt

Generally, income taxes are dischargeable in Bankruptcy if the taxes are 3 years old (an original return must have been filed by the taxpayer and...

Good morning, I got RFE for tax return 2012.Is W2 last 3 years,LES, bank statements enough to prove income?

You can obtain an ITIN (Individual Taxpayer Identification Number) from the IRS if you don't have and don't qualify for an SSN to use on your 2012...