I received stock from my ex-wife as part of a divorce settlement. I am trying to calculate the cost basis of the stock. The orig

If you cannot determine the basis, the IRS will take the position that basis is zero. You do not get an increase to date of transfer value. You...

GRANDPARENTS GUARDIANSHIP, OR CUSTODY

The facts of your question are not real clear, but I think you are asking that since your son has joint custody of his child and he is being...

What "proof/documentation" does one need from individuals in order to issue 1099's?

Your husband should seek legal counsel regarding the business and confirming whether the people he hires are employees or independent contractors. ...

I was not with husband any of 2013 how do I file taxes. We have no kids, no accounts, no property

If you were still married on December 31, 2013, then married filing separately. If you were divorced on December 31, 2013 then single. If you are...

What should I do in regards to a income tax company giving me someone else's income tax information.

Sounds like they have made a fir offer. unless you have been damaged financially that sounds fair. Also you can notify any one of the three major...

What is the best way to structure an investment from a non U.S. citizen?

I agree with my colleagues. Keep in mind you CANNOT be an S corporation. So if you decide upon a corporation, it will need to be a C corporation....

Can a wife take a husband's tax refund?

You do not include facts as to whether he signed the return. The issue should be addressed in the divorce proceeding. Have your brother-in-law...

Do I have to report in my Federal tax return if my name is on my parents'bank account in Italy? (they live there)

The bigger issue is whether you are subject to FBAR reporting. Foreign bank accounts must be reported with certain limited exceptions. I have...

I have a life insurance policy on myself. I have been told that at my death my estate would pay taxes on the amount.???

I agree with my colleague, but would like to add that if you transfer the policy ownership to your son, you may be making a taxable gift (if the...

How does filing a joint tax return impact my liability for my wife's pre-marital student loans if CA divorce?

So long as your wife remains current on her student loans you do not have an issue of them taking your joint refund to pay her student loan debt. ...

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