No. You cannot be taxed twice for federal purposes. But as the previous poster said, it would be more helpful if you explained exactly how you were...

I have profited more than 250K on my home, can I purchase another home for the same amount that I sell it for to avoid taxes?

You likely cannot avoid paying capital gain taxes on the amount over 250k. However, the capital gains rates are even more favorable if you can keep...

Can my wife claim me for her Tax return even though i don't have a job right now?

Yes. Many people file a joint tax return with only one spouse working. As a matter of fact, you definitely want to file jointly, or you cannot...

Donating textbooks-- tax deductible?

I agree with the first poster in that it matters who you give them to, and what that party does with the books. If you are "donating" your books to...

Child support order tax

You are correct. The only thing the custodial parent is allowed to give to the non-custodial parent is the dependency exemption. This is allowed...

Earned income credit

You are correct. The only thing the custodial parent is allowed to give to the non-custodial parent is the dependency exemption. This is allowed...

Income tax refund has been withheld from my niece and her new husband because he owes back child support he had no annual income

Definitely an Injured Spouse issue. Do not confuse with Innocent Spouse Relief. 1. Innocent spouse relief applies when the debt was incurred...

Tax implication after foreclosure on Rental Property

I agree with the above poster that your major concern is Cancellation of Debt income. You will likely not have a gain on foreclosure unless you...

The irs sent me my w2 return bu Mail twice but never jet it i been fighting for my money for the last 4 or 5 years and no answer

As far as the legalities, only your lawyer can advise you on this matter. Even if the RPCs did not prevent me from doing so, I would be very...

If I accidentally claimed myself but I never worked & i am still my moms dependent what will happen?

It is always best to amend the return using a 1040X. But also, there is some question as to whether you really even took the exemption. I have seen...

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