Is the monthly payment (from the Pension Defined Benefit) considered taxable income at ordinary income rates?

What are you are describing is called income in respect of a decedent. Yes the monthly payments you receive will be ordinary income as opposed to...

I agree with Ms. Abdo Gomez. I would add that if you fail to disclose you could face a penalty of 25% to 35% of the fair market value of the real...

Should I file taxes as "single" or "married but filing separately".?

If you are married at year end you only have two filing statuses available to you. Married Filing Joint or Married Filing Separate. In...

Please advise. Thank you.

Go in person to an IRS service center and order your transcripts. Its more likely that your having problems with the online information portal...

Income taxes; Dad and I were on title to home last year. Loan in his name only though. How can I use mortgage interest deduction

Equitable Ownership If you are the equitable owner - assume all benefits and burden's of ownership - pay all mortgage payments, property taxes...

Spousal support

Lawyer like answer - Possibly income - Possibly not... See: https://www.irs.gov/publications/p17/ch18.html Paid under separate...

Was this a common way to calculate tax basis? Do I need a tax attorney or CPA to hire vs. IRS? Do I have a good argument?

I think in essence what you are saying is that you took the 2014 tax bill and allocated the gain between land and Building. This seems incorrect...

Will the state notify my employer of my current legal status after I file 2014 taxes and will I see any legal repercussions?

Using a false social security number to file returns is a crime (a felony for that matter). Sounds like you did not have legal status to work in...

What can my dad do to get out of this situation or fix the problem? So he wont do time. Can he just pay back the money?

I'm a criminal tax defense attorney. I do not know of a case on record where someone was accused of a crime for claiming a deduction for their...

Extension to file tax return , please help!

https://www.irs.gov/pub/irs-pdf/f4868.pdf Complete this form before you go... Assuming your referring to an individual tax return...