Rental real estate generally results in a passive activity loss. However, rental real estate losses up to $25,000 may be deducted by an individual...

QDRO is prepared and it says I'm going to get my half in a lump sum. How do I roll that over without having to pay taxes?

A qualified domestic relations order provides that the non-participant spouse is entitled to a share of the retirement funds. What you do with the...

Is there a way to expedite the correction of my tax refund, and what to do about the accumulating penalties and interest?

If you are experiencing economic harm, then you can contact the Taxpayer Advocate Service. 1-877-777-4778. Otherwise you can contact the local...

Divorce property issue - real estate and tax implications

The family law court can make an order about who is reponsible for the taxes as between you and your ex-spouse. However, that court order does not...

AMOUNT OF TIME REQUIRED TO FILE IN CA IF NO TAX IS DUE?

You should contact the Taxpayers' Rights Advocate: 800-338-0505. The web site with all of the informatino is...

IRS Form 3949-A is used to report fraud. Just insert IRS Form 3949-A into the Google search bar. It is only one page long and easy to fill out. ...

Shareholders at my co-op recently received real estate property tax refunds because we have been overpaying our taxes for a peri

This is not a question of tax law, and this portion of AVVO is for tax law questions. You need to hire a lawyer who specializes in representing...

Hello, my daughter that is 32 is living with a man 42 he works for himself rehabing forclosed homes. he is paid 1099

Your daughter may be viewed by the IRS as helping the man hide assets from the IRS. As a result, the IRS may view her as being guilty of a tax...

Can the IRS charge a tax clearence on a cash prize that u havent recieved?

Douglas Shulman is the Commissioner of the Internal Revenue Service. He does not communicate via e-mail with taxpayers. So the e-mail you...

There is a home and property that has been vacant for over 5 years, can i pay property tax and do a lien?

You need to discuss this with a lawyer in Washington, as the procedure is specific to your community. I can tell you what the procedures might be...