If your mother owns the property and receives the rental income and does not declare it on her return she is committing tax fraud. Even if your mother gifted you the rental income, she would still need to declare it on her tax return.

Your marital status at the end of the year is how you file your return, so, if you were divorced before 12/31 of the tax year in question you are not considered married. If you were not married until the end of the tax year that you ex-husband filed a joint return for then the return was filed... View More

The IRS has 10 years to collect on a tax debt if you filed a return. There are things that will toll (stop) the statute of limitations from running and therefore add time to the collection statute end date (CSED). Some things (among other things) that will extend the CSESD are requesting an offer... View More

You need to contact a local lawyer for wherever you live.

Sometimes an "appearance" of a conflict is not really a conflict and other times an appearance alone is enough to warrant a different lawyer.

Have you had a consultation with a lawyer who agrees there is a conflict?... View More

To properly evaluate any legal question a lawyer needs a thorough summary of the facts. What you have shared is not much. If you are not clear then the lawyer will no doubt be challenged to give an accurate answer.

It is the same as using the adage for using a computer... “JUNK IN, JUNK... View More

You only deduct the business use portion. Make sure that you keep good records as to how you arrived at your figure in the event of an audit.

The problem you are most likely to encounter is if you are asked for your prior years' AGI (Adjusted Gross Income) or Tax amount. If you get these questions, simply answer "0" if you did not file for last year. Other than these, the ID verification questions are typically related to... View More

Presumably the Form 3520 would have been filed to declare the value of the properties when you received them as an inheritance. Now that the properties are sold, you will need to include the gain or loss from the sale on your tax return for the year when you sold the properties, as you are required... View More

Unless you were compensated for physical injury or illness (not including punitive damages), you need to pay taxes on any money received. The IRS will likely not be able to provide you with a 1099 until after the filing deadline. You can try contacting the IRS but usually they do not have income... View More

Justia has a lawyer directory that you can consult. I and many other lawyers do this kind of work. You should pick one you feel comfortable with.

If the estate paid the expenses of administration, then you would only be able to deduct the expenses on the estate's income tax return: Form 1041. You can file a tax return, even if one is not required to be filed.

According to the IRS code, the parent with greater than 50% custody, claims the deduction. I would assume that because you had custody for the majority of 2017, that for that year only, you could claim the deduction. If you were to be audited however, the court order regarding custody would... View More

You should ask your question to a cpa not a lawyer if you want to make sure you get the right answer..

You can find the tiebreaker rules (what happens when a dependent is claimed by more than one individual) here:

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/qualifying-child-of-more-than-one-person

You can find more in-depth information in IRS... View More

Under longstanding tax law, the owner of a sole proprietorship, is not entitled to receive wages from his own business. If the business paid wages to other employees, then those could be used for purposes of calculating the deduction. If the business does not pay any wages, then this may prevent... View More

Sole proprietors filing a Schedule C can qualify for the new 20% deduction, assuming they otherwise qualify for the deduction. The deduction is available for any pass thru entity which includes S Corps, Partnerships, and Sole Proprietorships, among others.

this is a confusing set of facts.

i strongly encourage you to write out a detailed summary of the facts before you contact a lawyer.

as a rule statute of limitations begin from date of incident .....however it sounds like you should contact an attorney that handles federal matters... View More

Your pension is taxable, but it seems below the threshold and you may not owe any taxes. The information presented herein is for general purposes only. It is not intended for, and may not be construed as legal, tax, or accounting advice, or business solicitation. For specific advice, please... View More

You can deposit and the bank will issues 8300 for it, but shouldn’t be a problem. No tax liability. Mom will have gift tax filing requirement. If there are concerns, consult a tax attorney with Bank Secrecy Act (BSA) experience. The information presented herein is for general purposes only. It is... View More

Life insurance will not qualify for medical and a gift tax return may be required (splitting). The information presented herein is for general purposes only. It is not intended for, and may not be construed as legal, tax, or accounting advice, or business solicitation. For specific advice, please... View More