Does gift from married couple to one of parents count as child-to-parent transfer under Prop 58?
Generally, such conveyances qualify for the Prop 58. Consult a tax attorney and provide details. Good luck. Zaher Fallahi, Tax Attorney, CPA.
Los Angeles, CA
Tax Lawyer at Los Angeles, CA
Practice Areas: Tax, Federal Regulation
Generally, such conveyances qualify for the Prop 58. Consult a tax attorney and provide details. Good luck. Zaher Fallahi, Tax Attorney, CPA.
Consult a tax attorney with international tax knowledge. There maybe FBAR, FATCA and other requirements. Good luck. Zaher Fallahi, Tax Attorney, CPA.
Provide tax return copies along with the back and front copies of your cancel checks to prove that you filed your returns. Good luck. Zaher...
A smart person like you deserves to obtain professional service, should research and find a competent tax return preparer. Good luck. Zaher...
You may have to file income tax return through the time of death and estate tax return the IRS form 1041 for the balance of the year, and maybe ...
Generally, NO deduction. Since the property is rental, you should be able to deduct as rental expenses. Good luck. Zaher Fallahi, Tax Attorney, CPA.
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There may a misunderstanding, generation skipping doesn't apply to your situation. They must have filed a gift tax return, which should contain...
Your income can be garnished. Contact them for an installment plan or offer-in-compromise. Good luck. Zaher Fallahi, Tax Attorney, CPA .
It may be advisable to assist him to consult a tax attorney to advise you both. FTB taxes may be based on estimates and could disappear upon filing...
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Based your facts, your income may be from a trade or business and subject to ordinary tax plus self-employment tax. Consult a local tax attorney...