asked
In 1991, my husband's mother put her two sons' names on all of her stocks, bonds, savings, bank accounts, and her home. Does the $10,000 gift exclusion per recipient per year apply automatically, or is it necessary to file some form every year with the IRS to qualify?
March 16th, 2023
Do I need to present a tax return if I am 80 years of age?
January 5th, 2024
We are settling a property dispute with our neighbor. Will the funds paid to us be taxable?
December 3rd, 2023
I am 66 years old and still employed. Can I get earned income for my grandchildren living with me?
April 20th, 2023
I am a 57-year-old man taking care of my disabled wife. I have been out of work since February 10, 2015, and am considering withdrawing $15,000 from my IRA to pay off creditors. How much of a tax penalty can I expect?
April 27th, 2023
Can the IRS attach a person's pension, veterans benefits, and/or social security to collect on taxes due?
April 19th, 2024