I am receiving money from my grandmother in England. If she passes away within seven years of gifting the money, do I have to pay taxes in the UK on the amount gifted?
February 29th, 2024
Does the donee pay income taxes on gifts of $10,000 or less?
September 30th, 2023
I just lost my wife, and we filed jointly. Do I need to change my W-2, and do I file single at the end of the year for the 2019-2020 tax year? My wife's income was from Social Security.
January 4th, 2023
I am currently permanently disabled and my wife takes care of me full time. We own two homes, living in one, and our only income is my disability check. Do we need to file taxes?
September 16th, 2023
In 2004, I received $16000 from a trust set up for me and my brother by my deceased father. Should I have paid taxes on this money, and if so, what penalties might I face?
August 30th, 2023
Is a down payment paid when buying a house deductible on your Income Taxes in Texas?
September 5th, 2023