Do i need to report tax for gifts i sendt out?
If the account consists of community property, which appears to be the case, you need not file a gift tax return for gifts of $28,000 or less to...
Los Angeles, CA
Tax Lawyer at Los Angeles, CA
Practice Areas: Tax, Estate Planning
If the account consists of community property, which appears to be the case, you need not file a gift tax return for gifts of $28,000 or less to...
You need to talk to a real estate lawyer, not a tax lawyer. Try Joel Kantor 310-442-5308. Best regards.
H&R Block will not be liable for any taxes you owe. However, it might be liable for any penalties and interest and for the cost of redoing your...
If you are talking about a tax exemption to which you are entitled under Florida law, the answer will be "no." You need to clarify the exemption...
She can pay the mortgage, property taxes and interest if she is liable for them. If she is not liable for them then the deduction does not belong...
Yes you may claim the interest on the home loan assuming it is your principal residence. If it is an income property then it is deductible against...
Yes. You owe California taxes because you are a California resident.
If you receive a payment that is for compensation, then it is taxable as compensation. The only way to exclude settlement proceeds is if you...
I do not know the rules in Nebraska. However, for federal estate tax purposes you do not owe the estate tax; if the estate is large enough to...
You are a resident as you meet the substantial presence test. Therefore you must pay the capital gains tax on the sale. Of course you may qualify...