What personal tax liability will I have as being a beneficiary of assets from an estate settlement?? Is this money taxable????
Christopher's answer
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Answered on August 30, 2020
They are taxable if they are proceeds from a source that was never initially taxed, such as a retirement account with deferred taxation. Most...
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How do I treat these 1099-c for our tax return?
Christopher's answer
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Answered on February 09, 2016
That can happen, but it sounds like it was due to the bankruptcy. As the other attorney points out, you can exclude this entirely by filing a Form...
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I'm supposed to claim my son on the tax return, but my ex-wife keeps doing it. How do I stop this from happening?
Christopher's answer
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Answered on February 08, 2016
The court order that compels her to do so is a state court order. You need to speak with divorce attorney and bring an action in state court to...
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Are my parents in fult eventhought they tured 2015 w4? Can the employer refuses a copy of their w4 for 2015?
Christopher's answer
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Answered on February 08, 2016
Unfortunately, in the case you are required to pay what was not withheld. In the future, pay attention to your pay stubs to make sure this is taken...
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Is it legal for him to allow someone else to claim the children on their taxes?
Christopher's answer
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Answered on February 08, 2016
The grandparents can claim the children under certain circumstances. Section 152(c)(4)(C) states:
(C) No parent claiming qualifying child
"If...
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My ex wife does not have a job. When we went through with the divorce we had a mutual agreement that we would each claim a kid o
Christopher's answer
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Answered on February 08, 2016
If there is no written court order, the children can be claimed by the parent that had to children for more days during the year. Your verbal...
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Is that possible for them to take my return. ???
Christopher's answer
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Answered on February 07, 2016
You can file Married Filing Separate, but not as Head of Household. Head of Household and Single only apply if you were no longer married as of the...
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What are my rights
Christopher's answer
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Answered on February 07, 2016
If you are filing jointly with her mother, it should not be an issue if she lives with you guys when not at school.
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Forgot a W2
Christopher's answer
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Answered on February 07, 2016
You should get the return amended by using a Form 1040X. You should do this or they will come back later and tell you that you forgot to include...
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What is my right to filing Head of Household?
Christopher's answer
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Answered on February 07, 2016
The person that had the child more nights during the year will get to claim them in the end. This is tricky with a 50/50 arrangement, but they will...