asked
I am the co-beneficiary of an IRA recently inherited from my mother. I understand that I have to be careful before I do anything with claiming this IRA. I do not want to lose it all to taxes. What do I need to do to avoid a huge tax bill?
April 1st, 2023
Is there any way I can write off my horses, tack, feed, hay, truck, horse trailer, and vet bills? Are there any tax write-offs for this at all?
November 19th, 2024
I need an address for mailing my 2017 Tax Return with payment to the IRS. I have a letter from the IRS but it does not provide the mailing address.
August 5th, 2024
Can I file for a 2007 tax filing extension on the internet?
August 13th, 2023
We sold a condo for $107,000 and were told by our bank investment rep that we would have to pay 20% capital gains tax. Is this true, and how can I avoid paying it? The condo was our primary residence for 1 year and 6 months, and we bought it for $113,000 in May 2004. The reason for selling was that we had a new home built.
January 16th, 2024
My Dad, who is on Medicare/Medicaid, disability benefits, and social security, wants my two aunts to give me a tax-free gift of $13,000 each from a trust fund they control, which I would then deposit in a bank account for him to use with a debit card. Is this arrangement legal?
May 23rd, 2023