I have a revocable trust set up for my minor child. The trust was set up to hold the beneficiary proceeds from the sale of my aunt's home. The estate CPA sent the trust a North Carolina K-1 for $5570, which represents the portion of the capital gains from the difference in value of the home when my aunt died and when it was sold 6 months later. The K-1 has the TIN of the trust. Do I need to file a return for the trust, a return for my minor child, or include it in my income?

February 4th, 2023

I am the City Clerk/Treasurer for the City of Belview, MN, and I am trying to renew our SAM account. The entity validation process this year requires an IRS letter assigning our EIN, which I have been unable to locate. We were incorporated in 1887, and I have been in this position for 31 years without seeing this document. How can I obtain a copy of the IRS letter assigning our EIN, and what are my options if I cannot find it?

February 13th, 2023

How can I get a verification of non-filing letter for my mother-in-law who lives with me but has no income?

April 5th, 2023

I received a letter on May 2, 2022 stating that I should receive a refund of $1,637.00 for an estate I am the personal representative for. The notice is CP21B, and I have not yet received the refund. Which tax year is the refund for?

September 7th, 2023

As the sole beneficiary and executor of my partner's estate, who passed away in 2017, I lived in the home for 20 years and paid all expenses, including mortgage interest and property taxes, until the estate was settled in 2021. I was not on the deed or mortgage during this time, but it was stipulated in the will that I would take care of these matters. Why can't I deduct the mortgage interest and property taxes on my personal taxes, and is it possible to amend my tax papers for the past years?

December 28th, 2023