Can i claim my step son if I file injusred spouse?

If you file as married filed jointly you can claim your step son on your joint return so long as no one else as the right to claim him. Not sure...

Question on Art

Your basis in the gift is a carryover basis. This means that your basis is the same as your mother's basis when she gave the art to you. The fair...

My wife receieved a back payment from social security for three years, can this payment be separated for each tax year?

No, Individuals are typically cash basis taxpayers. Therefore, when the payment is received it is taxable. Any individual seeking legal advice...

What taxes precedence: divorce decree or tax law

Your wife should get the deduction here as agreed. Federal law dictates that the custodial parent can agree to release the deduction to the non...

My wife has 4 children from a previous marriage. the ex has claimed 2 on taxes for last 3 yrs. signd release is over, her turn

I agree with attorney Scholl. See my legal guide "Claiming your Children as Dependents" for further details. Any individual seeking legal...

Is my father required to claim me as a dependent, or am I allowed to file for myself?

If you provided over half of your own support he cannot claim you. Any individual seeking legal advice for their own situation should retain...

What tax do I owe?

The United States taxes its citizens on a world wide basis. Income you earn in a foreign country is taxable. You will have to determine whether...

She will not be liable for your past tax debts, keep each of your property as separate property (not in joint accounts), and file as married filing...

I was owed a refund that the IRS never sent, Can I take that as a credit this year?

Unfortunately, after three years you are past the statute of limitations and cannot claim a refund. You also cannot claim this as a credit. Any...

My divorce decree reads my ex & I can claim 1 each of our two children for taxes but the IRS says different.

If someone else claims the deduction before you, your return will be rejected if you file electronically. So you will need to file a paper return...