Archived
Former wife died. I am beneficiary on 401k. What are tax implications. I will split proceeds between 2 adult children.
Christopher's answer
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Answered on September 03, 2012
There could still be a portion of that 401k that is taxable to the recipients. Retirement accounts are not great to pass at death because they do...
My employer has been paying me under the table for a year, what would happen if I claimed that income on my taxes?
Christopher's answer
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Answered on September 02, 2012
Under the law, you are required to report it on your return. This is kind of a bad situation for you and him. And yes, the IRS will wonder why you...
Archived
Tax law or labor law i am not sure which kind of law my perdicerment falls under
Christopher's answer
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Answered on September 02, 2012
Well i can say a few things about the tax. First of all, when you say the amount withheld changed, it is important to know whether the gross amount...
Archived
If you pay past due taxes on a home will it become yours?
Christopher's answer
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Answered on September 02, 2012
No.
Christopher Larson
Insight Law
Archived
Previous accountant found to cook the books, should I worry?
Christopher's answer
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Answered on September 02, 2012
I think it is 100% worth verifying that he didn't. Why speculate when you can find out for sure?
Christopher Larson
Insight Law
Archived
If a joint tax refund was deposited into a joint account and one spouse withdraws it all is there a way to get half back?
Christopher's answer
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Answered on September 02, 2012
Once it is put in the account by the IRS, it is a matter of state property law. State marital property law it sounds like. Under most state laws,...
Archived
My husband passed away in May and I filed an extension for our 2011 taxes. He withdrew money from his IRA and I know he will ow
Christopher's answer
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Answered on September 02, 2012
Filing separately would be your best move. After that, his estate would be required to pay any remaining taxes, providing that you do not jointly...
Archived
If my ex-boyfriend has never paid child support for four years, ask for joint custody because he wants the tax advantage?
Christopher's answer
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Answered on September 02, 2012
Not sure why he would do this. The custodial parent, defined as the parent that has the child a greater number of days, gets to claim the children....
Archived
Is it ok that mexican corporations withold 25% of the income due to tax in their country?
Christopher's answer
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Answered on September 02, 2012
As a US Citizen, you get a credit in the US for taxes paid in MEXICO, and not the other way around. The treaty works one way and generally protects...
Archived
Disabled army veteran, was working, now unemployable do to progressive military injuries. Can med bills & Irs debt be dismissed
Christopher's answer
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Answered on September 02, 2012
Please clarify. You say this is IRS debt, but from a state you used to live in. If it is IRS debt, it can definitely be dealt with due to financial...