Philip J. asked
I challenged a will to my late sister's estate and had to hire an attorney. Are the fees charged to me deductible on my income tax form, especially since I received a portion of an IRA and would like to deduct the attorney fees to offset my tax liability?
September 3rd, 2024
Jesse B. answered
Yes, the attorney fees you paid to challenge the will and receive taxable income are deductible. You...
September 3rd, 2024
Create an account to view answers and interact with the community!
An LLC member who initially applied for an EIN is withdrawing from the business. Do we need to apply for a new EIN, or is the old EIN still valid?
August 11th, 2024
I would like my employer to stop taking taxes out of my salary for 3 to 6 months. How do I go about this?
December 30th, 2024
If my daughter is 19 but I still support her and she is in a 4-year college, am I able to claim her as a dependent?
July 23rd, 2024
I claim 3 dependents on my W4: one for myself, one for my son, and one for head of household since I'm single and living on my own. My total withheld on my W2 isn't much. Does this mean I won't get much back when I file my taxes?
January 12th, 2024
I have an existing tax extension and am currently out of the country. The taxes are due October 18th. How do I extend my current extension, and should I e-file the taxes now?
September 11th, 2023