Do I get a tax break, or a write off?
Not for federal taxes. If this was for state taxes you can deduct the tax portion on schedule A in the tax category for State taxes paid for prior...
Newport Beach, CA
Tax Lawyer at Newport Beach, CA
Practice Areas: Tax, Estate Planning
Not for federal taxes. If this was for state taxes you can deduct the tax portion on schedule A in the tax category for State taxes paid for prior...
Yes, you can gift the inheritance you receive to them and they will not be taxed on it. This will require you to file a gift tax return. You will...
To deduct interest you have to be liable for the debt and make the payment. Since you are apparently not on the debt you do not meet one of the...
The IRS applies the money to the oldest tax first for obvious reasons - a statute of limitations is running. The payment is first applied to the...
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You should file. You may receive a refund and when you file it starts the statute of limitations for that year. Any individual seeking legal...
Your filing status is determined on the last day of the tax year. If you are divorced or legally separated by decree on the last day of the year,...
This is a complex issue where you should hire an attorney to represent you and establish a defense as to why you should not be responsible for this...
There are many programs out there that you can purchase to do your taxes. Turbo tax is a respectable program that you can use. Many schools also...
I agree with attorney Robert. If you have not filed a back tax return you will need to file it ASAP. Always file even if you can not afford the...
A crime has been committed and this should be reported to your local police and to the IRS. Any individual seeking legal advice for their own...