asked
Our divorce decree states we each get a tax exemption for our two boys. The non-custodial parent wants to let me have his tax exemption for the year 2017. What form is there for this? I only find one for custodial parent to give tax credit to non-custodial parent. How can I ensure the non-custodial parent releases his tax credit to me?
October 25th, 2023
Can a taxpayer in Pennsylvania offset their capital losses to the extent of their capital gains, even though capital losses are not deductible?
February 8th, 2023
If my husband owes back taxes but does not have a job and I claim him as a dependent, would they take my refund? We always file separately, but he lost his job a year ago.
August 5th, 2024
Where can I get loans for starting up a business, as everything I found is for existing businesses?
January 1st, 2024
My husband's mother recently passed away, and he and his brother inherited her house, which they are selling for $360,000. My husband is the executor of the will. What taxes can we expect, and how should this be handled?
May 19th, 2023
I am about to buy a house and have the 20% down payment. My mother would like to offer me a private loan for some of the purchase amount, effectively reducing my primary mortgage, though my total debt stays the same. I would pay her interest on the loan, which she would use as retirement income. Can I deduct the interest I pay to her for the primary mortgage as I deduct the interest from a conventional mortgage product?
December 5th, 2024