My Mom passed away late last year and left me her home. The title has not been transferred yet, so does the trust pay the property taxes?

June 9th, 2024

I did not claim a credit card settlement in 2009 and now the IRS wants me to pay taxes on it. I filed for Chapter 7 bankruptcy after that, but this credit card was not included. Do I have to pay the tax, and is there anything else I can do since I have very limited income and cannot afford the $1300.00 at this time?

September 28th, 2024

On the 1040 form, what line do I show 401(k) withdrawals? I have a 1099-R form to file.

July 23rd, 2024

If county government acquires a part of your principal residence land under threat of condemnation to make a bike path and gives you compensation, can one use this compensation to reduce the cost basis of the house for future time to calculate the capital gain rather than having to pay the capital gain tax at this point? The house will still be used by the owner and it is difficult to calculate the capital gain as only part of the land from the principal residence is taken. Or the tax has to be paid now.

August 31st, 2023

I filed my 2006 tax return and never received the refund. How can I get my 2006 refund?

November 21st, 2024