What are the federal estate tax issues, specifically with regard to filing a K-1 form for a stock inheritance distribution, and who is responsible for paying income tax for estates or trusts?

July 20th, 2023

Is a fixed annuity a safe place for my savings? Is it a guaranteed payment? Is it safer than a bank?

January 4th, 2024

I received 3 different survivor annuities upon my aunt’s death. What form do I list them on for my 1040? I cannot use the simplified method.

August 11th, 2024

We live in Arizona and got married on 11/27/2022. We had separate households before that time. In filing the 1095-B, it says we owe $6723 back for 'allotment' paid to my now husband. There is nowhere to state we only lived together for 33 days. Do we have any dependents? No, neither of us do. What were our incomes this year? Myself: $88,000, my husband: about $28,000. Is there anything else the Accountant should know before I connect you?

August 26th, 2024

I inherited stocks in early 2021 and sold them to buy a home. How do I claim capital gains on inherited stocks, and what do I use as the market value for tax purposes?

February 24th, 2024