asked
I inherited a house with my brother, bought his half for $80,000, transferred it to my son's name due to an IRS debt, and later sold it back to my brother's daughter. My son received the 1099-S for the sale but didn't get any money from the house; I did. The IRS also had a lien on the house, so I only received about half of the selling price. How should this be reported for tax purposes, and what is the taxable amount?
July 21st, 2023
Can I deduct all my medical expenses paid out of pocket even if I received private donations and church help towards the bill, and if the donations were intended for medical expenses but not paid directly to the hospital?
February 12th, 2024
If my mom had made estimated tax payments throughout the year before she passed away, would she receive something notifying her of her payments throughout the year, or would we need to look at her bank statements?
March 27th, 2024
Can I file my 2022 taxes now?
July 15th, 2023
How can I retrieve my IP PIN for tax filing in 2023, and what should I know about the process and security measures?
April 24th, 2024
My mother died recently but she received another Social Security check. What do I do with this check, and was it for January or February?
June 14th, 2024