Probate: How do I determine if Michigan estate or inheritance taxes are due for an estate? I am the Personal Representative.

You are far below the level for Federal Estate Taxes assuming none of the exclusion has been previously used. Ms. Morris is an attorney in your...

New EIN number application issue

So long as you disclose this situation to the IRS when you apply for a new EIN you are OK. In fact, the IRS should be able to look up your old EIN...

Left job 12-15-13 due to medical reasons transplant about 5 months later. Withdrew 401k of 60000 left 20000 for tax.ended w/ 40

I agree with the other two attorneys. You should be ok with the amount that appears to be withheld. That is assuming you have no other income. ...

Do you have to do a 1031 exchange if you live in your home but rent rooms out?

The $250,000 exclusion of gain requires you to have lived in your home as your personal residence for two out of the last five years. If you...

Selected as the best answer

How do I reduce my tax liability from settlement monies received on behalf of my deceased father's estate?

This is income in respect of the decedent. That is, it is income that was earned by your father prior to his passing and should be included in the...

"Hi i am a Canadian citizen. Wanted to open a US corporation for mail order biz? Is this ok? Do i pay taxes to US and Canada?

The gross income of a corporation is defined under Section 61 of the Internal Revenue Code in much the same manner as that of an individual in the...

Why is unemployment intercepting my taxes?

Attorney Givner is right on with his response. It is also possible that you have been a victim of identity theft or some kind of fraud. That is...

Sold some investments. Result was Fed refund 1200 & MA 881. MA refuses. Do I have any recourse?

The other two attorneys are right on. Yes, you have recourse if you have a refund due to you and it is being denied. The first step is to...

I'm trying to find out if we are eligible-tax exemption on our property. Both Sr-Steve is disable-SS $1832 & SS$!232?KJ

Whether you are eligible for an exemption is a matter of state law in Washington. Go to the site that was mentioned and determine if your...

The other attorneys are correct. You may be able to take the dependency deduction, You have to go through the tests to determine if you qualify. ...