If a tax ID has been issued for an estate and another one for a trust (both the same grantor), should I file one return or two?

You can deduct certain other expenses as miscellaneous itemized deductions subject to the 2%-of-adjusted-gross- income limit on Schedule A (Form...

If it was sold in an "arms length transaction" then that is the FMV and their is no gift. If there was a gift it would be $30000-$10000 = $20000. ...

Can W7 be processed for L2 visa holder to apply for ITIN as she is not in USA for some reasons & apply for SSN when she is back

You can elect to have your spouse treated as a US Resident by filing an election with your tax return. See below. Attach a statement, signed by...

It looks like you filed pro per. It sounds like you are in C13 and not C7. But if you filed C7, and listed the refund on Schedule B and exempted...

Your mother reports the sale. Disclaimer of California Attorney. Laws differ form state to state. Although the above response is believed to be...

Should I file 1041s for an estate even though my sister says she is going to file half of the estate on her personal return?

I do not recommend not filing tax returns. I assume the income is over the filing threshold. The key to this problem is whether a taxpayer...

I am curenty engaged and want to buy half of my fiance's house, he owes back taxes. Should I wait?

Buying a house from your financee should be no different than buying it from a stranger. You need to investigate before you invest just like...

Can I pay back an income tax return after cashing it?

Are you saying you filed an income tax return that was not correct so you could receive a refund and now want to repay it? If that is correct then...

Washington state recognizes domestic partnerships but the federal govermemt does not so you may have to file a 709 gift tax return. See...

Together most of the year 2010. We separated early Nov 2010. Wife filed for divorce. Can she be held responsible for tax owed?

$10,000 is a lot of money. I would have the tax return reviewed by a tax professional if you did not have it prepared by one. If you reconcile...