Seattle, WA
Tax Lawyer at Seattle, WA
Practice Areas: Tax
No. You would need to take out a loan in your name. I totally understand that you don't want to tie yourself to a loan at this time in your life....
According to the Internal Revenue Manual: To determine the injured spouse's separate tax liability for purposes of the separate tax formula,...
Here are the filing thresholds. Whether you need to file or not depends on your status, age, and income. If you make less than the amounts below,...
Henry is spot on. The test is who they will come after if to pay the debt in the case of default. You can just walk away from the loan and not be...
The parent the child lives with for a greater number of days during the year will be the one that gets to claim the children. She can grant you one...
The IRS is motivated by greed. They will take all of the W-2s and 1099s received for you and calculate your tax. If there is no liability, they...
The income can be assigned to one SSN. I am not sure what the source of the income is, but I am sure if you go back to the 1099, SSN on the bank...
Not true. They have three years to audit a return. They have six years to audit a return with a gross misstatement of the tax owed. They have...
You do need to report this income on a Schedule C since it was a single member LLC. It will be treated as if it were a sole prop. You will be...
You say the income was received jointly? By this, you mean the 1099, W-2, etc. had both of your SSNs on it. They go by the SSN on the document....