If my grandparents pay off my credit card debt or my parents' house mortgage directly to the company, do I or my parents have to claim that money as income?

February 16th, 2024

My husband and I didn't work this year, but we have a child. Do we still need to file a tax return?

February 28th, 2023

I owe the IRS around $6000. Can I use a hardship withdrawal from my 401k to pay this bill?

March 23rd, 2024

Received a hero loan for energy improvement of $60,000, which is tax-deductible and appears on my property tax bill. I now rent out half of my house. Can I deduct the principal portion of the loan as repairs (considering half since 50% rental) on my taxes?

December 5th, 2024

I sold my primary residence in 2005. Can I deduct the excise tax paid?

June 25th, 2023