I recently moved from New York to Florida and my only income is social security. Do I have to file NYS income tax for 2017 and a federal income tax return?

June 16th, 2023

If I 1031 exchange the proceeds from a rental property, do I have to incur debt on the property I exchange into?

May 24th, 2024

I received a refund check for $642 from my 2009 taxes, which is significantly higher than the $142 I was expecting. Why is there a difference, and what should I do?

January 17th, 2023

Can I file a loss on LINEQ, LINN Energy which filed bankruptcy? The 2016 1099 lists the losses and mentions a merger under the losses. I cannot initiate a loss on a sale as the stock was purchased over time through TD Ameritrade and is now listed as an escrow account after a Voluntary Exchange Offer. Additionally, the 2017 form 1099 does not mention this stock, but it was listed on the 2016 form. I have been using Turbo Tax and want to ensure I correctly offset some capital gains.

June 27th, 2024

I found unclaimed stocks from my deceased father on the Illinois unclaimed property site. What is my tax liability when I sell these stocks, and how does the basis for capital gains work in this situation?

August 3rd, 2023