My mother recently died and I handled all her bills, including paying her federal taxes. We moved her from Florida to Illinois three years ago. I never considered paying Illinois state taxes for her because she had no earned income or property in Illinois, and all her banking was in Florida. Now, I'm questioning whether I should have paid Illinois state taxes for the years 2016, 2017, and 2018. Additionally, my mother had a trust established in Florida, and I'm unsure if the State of Illinois is entitled to any taxes from her trust.

January 14th, 2024

I have formed two LLCs in Kentucky but plan to operate and do business in Texas. What are the implications of this, and what steps should I take regarding registration and renewal of the registered agent?

September 30th, 2024

I want to take out prescription coverage and was told I need to get Medicare Part D, which I don't have, and there is a penalty. I am now 72 years old (DOB 10/12/1948). What is my penalty in dollars and cents?

August 20th, 2023

I did not take my Required Minimum Distribution for 2017 and 2018 from my IRA because I had a broken neck and was in the hospital during this time. I know the amounts for these two years and would like to know how I can get these done. Do I need medical records to provide a waiver, and how do I file the documents needed to report and receive the required minimum distributions?

March 29th, 2024

I have a 1099-R from Prudential with a gross distribution and state tax withheld, but no state distribution in box 16. Credit Karma tax return software is not accepting this. What should I enter for state distribution?

September 25th, 2024