You have to determine whether you have a capital gain from the sale of the house. Take the total sales price, less the tax basis (what you paid...

Are Earned Income Credit Refunds Exempt in Indiana

I agree with the previous attorney, but always check with your bankruptcy attorney to see if you have sufficient exemptions available to exempt the...

I don't live in my property and currently rent it out. Do I have to pay capital gains tax?

When you sell the property a taxable event occurs. The capital gain / loss on the property is then determined by taking the sales price, less the...

Grrencard process: Print out IRS.gov tax forms vs. Mailed IRS.Gov tax forms. Is the printed out ones acceptable?

Yes, the forms that you receive from the IRS site are official forms. Some forms must be obtained by mail (1099 forms for example), but not the...

When is the soonest I can file my tax return in 2015?

Two things need to happen. First you need to receive or have your relevant tax information to prepare the return, and the IRS needs to release the...

This is not technically a tax question. This involves the agreement you have with your brokerage company. They may have closed the account...

I have a friend whom he works with a name of someone else. He gets a w2 and was told he could claim withheld taxes with a w7.

This is illegal and your friend cannot commit an illegal act and then claim a refund. Best advice is for him to do this legally and get his own...

Child support and Tax return

Your ex need a form 8332 signed by you to take the deduction since you are the custodial parent, If this is not a requirement of your divorce...

If a father's child support is being paid, would he have the right to claim child on his taxes every other year?

It sounds like your wife is the custodial parent and you can only get the deduction for your child if you get a Form 8332 signed by her. You...

What should i do if i havent filed taxes in 10 years? i dont make much money so i never felt the need to file.

This is not something you should be disclosing on a public forum such as AVVO. This is a possible criminal matter and you need to discuss this...