Can I claim my 18 year old daughter on my taxes. She works but does not pay bills, saved for a car and saving.for school.

Based on the facts provided and my reading, she would qualify as a dependent if she did not provided more than 1/2 of her support for 2013.

Should I file for a tax return ?

If you have a refund coming don't let the refund go to waste. File a tax return to claim the refund. Every little bit helps. Change the number of...

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Do I have to claim adult son on taxes

It is possible he qualifies as your dependent if he is a student otherwise the answer is NO. If you are providing a home, food, and other items, ...

I live in the us. I have inheritance from my mothers estate in Canada. Do I need to pay taxes on the money when I get it?

The money you receive will most likely be net of Canadian taxes which are paid by your mother's estate. This is probably the case for any...

Real Estate: Will I pay more money out-of-pocket for taxes if I keep primary residence for 1 year 1 day vs. 1 year 11 months?

The time frames you mention are not significant in determining gain or loss. The way I read it if you bought 4/1/2009, 5 years has elapsed. If...

How does the IRS regard claiming children on taxes when custody order was modified mid-year?

Based on you having custody for 187 days, if correct, you get the deduction and he should amend. Tax law controls.

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Rental property sat vacant for 3 months. Can mortgage be tax deducted ?

You are 100% right. As long as it is still a rental property and you are trying to rent it. You can deduct the mortgage interest as an expense.

Can the Dad of my Child claim her on his taxes if she spends 70% of the time with me? She is 4 years old.

It appears you are the custodial parent (70%) and provide more than half her support. Hence, you get the deduction. Keep records of the support...

Self Directed IRA: Disqualified Party Question (atypical situation)

Wow. If A moves into the house it is becomes a prohibited transaction. If the loan can be paid off before marriage I would do it as a practical...

Can a tax lein against my deceased father's home affect my personal assets?

The IRS lien attaches only to his property and not your property. Whether you should keep the house until the lien supposedly expires is a...