My girlfriend inherited property in Florida, lives in Ohio, sold the property for $100,000, and is 68 years old on social security. How is she taxed on the sale, and what is the formula to calculate capital gains?

March 21st, 2023

I need to file our taxes but I don't have my deceased husband's W2s or pay stubs from last year. Is there a way to get them from the IRS? He passed away Feb. 2 of this year. Do I need to use a CPA? I always have done our taxes but am lost about this.

April 9th, 2024

How do I file for an extension and make a reasonable estimate of my 2021 income for tax purposes?

October 10th, 2024

I cashed out 4 529 plans, one for each child, to invest in another account. I expected to pay a 10% penalty on the earnings, which were $3730. However, when I input the information into the H&R Block software, it reported a $373 penalty but also included the $3730 as income, resulting in a significant tax loss. How should I handle this situation?

April 29th, 2023

Can I claim my child as a dependent if I did not provide more than half of their support, even if the child's other parent is allowing me to claim the child on my taxes?

January 13th, 2023