My father in law passed suddenly last year he had no will.
If the return was filed in your father in laws name (even if you prepared and filed return for a deceased taxpayer), and a refund was due, then the...
Las Vegas, NV
Elder law Lawyer at Las Vegas, NV
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If the return was filed in your father in laws name (even if you prepared and filed return for a deceased taxpayer), and a refund was due, then the...
You are probably thinking about cancelation of debt income (COD income), where debt which a creditor forgives is considered income. A "charge...
You have a common problem (unfortunately). If by custodial parent you mean that you provided the principal place of abode for your child for more...
Not necessarily. If you mean that your total income from all sources in 2007 was $1500, you may not have been required file a return. If you mean...
Yes, you can split the expenses down the middle assuming equal ownership rights. However, you might wish to consider consulting with an attorney...
Yes, they are really that bad. Usually, there is no magic, only smoke and mirrors. Any organization that wants a big fee for their services is...
As Mr. Lively pointed out, your filing status is either married filing jointly or married filing separately. The student loans are going to hang...
It sounds as if management made a global change in the POS that increased the tips. There are two rules in play. First, as you noted, servers...
Yes, the proceeds of sale of the car over the amount you paid is realized income, reportable on your return. If the buying and selling of vehicles...
In addition to my colleagues advice, look into whether you itemized your deductions on Schedule A of your 1040. This is where you would have taken...