asked
What happens to an inherited IRA when a special needs trust is the designated beneficiary and the special needs beneficiary dies? Is this determined by the terms of the trust or the IRA beneficiary designation form?
June 12th, 2024
My wife filed her 2020 taxes with the wrong indication of 'head of household' instead of 'married filing separately'. She plans to refile with a 1040X and itemize. Does this mean I also need to redo my 2020 taxes, even though the IRS has already reviewed and corrected mine?
August 27th, 2023
My mother is on SSI Disability and the Social Security Administration is penalizing her because her bank account exceeded $2000 when her stimulus check was deposited. They are taking $85/month until she pays them back. Is this legal, and is there anything she can do to stop them from taking money out of her SSI income?
March 5th, 2023
I filed my 2020 tax return on paper earlier this year, but when I checked for the refund status on the IRS website, it showed no record of my return. What should I do to resolve this issue?
April 9th, 2024
When should I expect my refund?
October 31st, 2024
I made an investment in Optima Bank & Trust on January 28th, 2008, and my shares were later sold to Cambridge Trust. I am now dealing with the IRS to show the cost basis for shares that transferred from Optima to Cambridge. How do I determine this amount?
January 10th, 2023