Do I pay Capital Gain on my mother's home sale that had my name on the deed? I am 77 and my wife is 63 -- both retired. The home was acquired in 2001 for $20,000 and sold in Jan. 2021 for $120,000. My daughter is also listed on the deed. Only my mother lived there.

January 31st, 2024

My monthly Social Security benefit was cut due to missing an appointment, and I have been promised by several agencies to correct the error. I am 84 years old and cannot live on $700 with my health issues. What could be causing the reduction in my Social Security benefits and how can I address this?

July 4th, 2024

How should I prepare my tax return when my rent was paid in lieu of salary, and what form should I use to show the total amount paid for the year? The rent payments were made by my sole investor from his personal business account while I was building my first clinical laboratory business, which began in late 2019.

August 27th, 2024

I received a letter back several months ago about my 2020 tax returns. The letter stated that their records showed my wife was deceased, but she was disabled. I sent a statement with her social security number to clarify. The refund was for $429, and I haven't heard anything back since. It's time to file again. How can I proceed with my tax return and track my refund?

December 26th, 2024

Where is my refund in the amount of $1624.00 for the 2020 tax year?

June 25th, 2023