Do I pay taxes on a cash property division divorce stettlement?
For federal tax purposes the division of property in a divorce is not taxable. The interest you receive will be taxable income. However, this...
Newport Beach, CA
Tax Lawyer at Newport Beach, CA
Practice Areas: Tax, Estate Planning
For federal tax purposes the division of property in a divorce is not taxable. The interest you receive will be taxable income. However, this...
You cannot deduct this mileage. It is personal and has no business purpose. Any individual seeking legal advice for their own situation should...
You should try this, but if you used the car during the period they tried to collect registration, you owe the fees. If you did not use the car...
You cannot be claimed as a dependent unless you are legal. Any individual seeking legal advice for their own situation should retain their own...
You should file the correct return if you never filed it, or file an amended return if you did file an original return. This new return should...
This depends entirely on her estate plan and whether she has a trust that gives you the power to do this. See an estate / probate attorney...
Unfortunately, the winnings are taxable. You need to file tax returns for these years and include the amounts in income. You can deduct your...
Yes, he can and should apply for benefits. They are subject to attachment by the IRS, but only a percentage. He should contact a tax professional...
So long as you have been reporting the income you receive from this business, you should have nothing to worry about. Without more facts I cannot...
The custodial parent has the right to claim the dependent deduction unless they have agreed otherwise. He will need a Form 8332 signed by you to...