I'm 25, and my parents won't stop claiming me as dependent

The reason they were able to claim you in the last few years is because you were not meeting the income limit to not be considered a dependent. The...

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Revising past returns to include unearned foreign income?

This is definitely information for your tax preparer. Somebody could sit and plug all of those numbers into a return for you, but they would in...

Will my fiance's tax return be affected if he is victim of identity theft?

He will have income that isn't his if people are using his SSN to work illegally. Otherwise, I don't see how it will have a huge effect on his...

Send in a paper return. If you file your own return, this will supercede anybody that claims you as a dependent. They will take it away from the...

The homeowner is not the party required to withhold sales tax. My guess is the state isn't asking you to pay it and the contractor merely is. I am...

What tax payable when a non resident sells a home in US?

Well. You will have no taxable income, so simply purchasing a home will not force you to file taxes. If you have the loan in your name, you will...

Can a former employer issue a 1009-Misc for tax year 2011 for income received in 2009?

If you were expected to pay it back, it was not income in 2009. It became income at the time the debt was forgiven. Christopher Larson Insight...

So if I don't file taxes for 3 years and file this year, if I got anything back it would pay back my back taxes correct?

You are correct. You can go back and file taxes for 2008, 2009 and 2010 and still receive a refund. If you owe the IRS, the refund will be applied...

Community taxes for a separated couple.

Well, you are no longer marred for federal tax purposes and have not been for 2 years. If you are legally separated, you are per se not married and...

You must apportion the interest income that accrued up until the time of your father's death. This will be included in his final return. The tiny...