Get free answers to your Tax Law legal questions from lawyers in your area.
why is the annuity taxed if it’s not being withdrawn?
answered on Mar 10, 2023
Politely, you need to sit down with an experienced divorce lawyer since it appears that "someone" is doing some fast talking and you have no idea whether the claim is true or not - which means you need someone to represent you who knows how to call B...shit when such claims are made.... View More 
I’m on permanent disability; I would like SSA to use my tax info from 2020 or 2022 as 2021 I only had high amount of taxable withdrawals from my dads Inherited IRA; used to purchase a low income affordable condo & pay taxes & additional money taken out in order to pay taxes etc. I... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 4, 2023
To prepare for an SSA IRMAA appeal administrative hearing, you may want to consider seeking legal assistance from an attorney who specializes in Social Security law. They can help you present your case in the best way possible, and help you navigate the appeals process.
In addition, it may... View More
My primary residence in New Jersey was foreclosed on and went to sheriff sale. The same bank held the first mortgage position and a second mortgage position on a HELOC. The foreclosure action included both mortgages in the one action. The final judgment included both mortgages as did the Writ of... View More
answered on Feb 7, 2023
The 1099A is not the same as a deficiency. After foreclosure, I always recommend that income taxes are prepared by an accountant to protect you.
My original loan provided paid taxes on both lots listed on the deed. A third party then bought my loan and in the escrow account they only paid taxes on one of the lots on my property. The other lot went unpaid for a year and then was sold at a tax sale.
I understand I have a redemption... View More
answered on Nov 23, 2022
Speak to a real estate attorney to discuss what action you might pursue.
if not, can the town put the fees on the account as special charges
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 20, 2022
There is no clear cut answer to your question.
If it is a debt will I become required to pay his debt if I am heir? If not a debt & income how can this effect my tax liability?
answered on Aug 9, 2022
I suggest you setup a consultation with a lawyer. You have more than a simple question here and a lot will depend on who you are in the will. For example are you executor or just a beneficiary. As for tax liability that should be asked to a CPA
Essex County, Township Of Irvington
I owed a lien purchased in December 2016 which certifies that there were no charges before or pending after attached to this lien or property. After paying the taxes for 4 years the city said in 2020 said they "forgot" to add cleaning charges... View More
answered on Aug 3, 2022
It depends whether or not a Municipal Tax Search was ordered and received and the information contained. Speak to the title company you used to check title before actually purchasing the lien and the insured the transaction.
I am looking for information on the potential outcome for the above. There was harm done to a child and involvement of DCPP, the assault done to the child has not been established in court due to postponement. I am curious about this outcome as it will severely affect parental time and the... View More
answered on May 30, 2022
Jail time certainly looks like it is almost certain for the above offender as this person has multiple charges that could lead to that. That being said everything depends on the facts of the case and how good of a lawyer the defendant hires and lastly never under estimate luck.
I have just opened my LLC online. as a Ltd. Liability Co. - Single Member.
I am confused. When I am supposed to pay my sales tax? every quarterly online? Do I pay under my EIN number? I was told two different things- pay using EIN quarterly- 2: use your SSN and on Form 1040. so i dont know... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Apr 19, 2022
Any LLC that is not at least a 3-member LLC is not worth the paper it is printed on. Sales tax must be paid quarterly. Your question is the least of your worries. If you do not have a properly custom drafted LLC by an experienced New Jersey attorney and have your intellectual property properly... View More
Will spouse need to file back business tax reports, etc.?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 5, 2022
There are far too many variables and unknown facts to provide you with a meaningful answer. You best way of proceeding is speaking with an experienced business and/or probate attorney. With the current economic environment, the IRS is not an agency you want to take any chances with. Good luck.
Sold my inlaws home after death for $310k. What taxes need to be paid on it to NJ?
answered on Sep 17, 2021
The question is incomplete. You failed to give the basis. In any event this is a question best asked of a CPA.
She had a will which left me, as their only child, to be executor and recipient of everything she and my father owned. I have taken care of everything including taxes. My father had a pending court case of sorts and it appears he will receive funds as a result which I am told will go to his estate.... View More
Property is located in Bayamon PR. I currently live in New Jersey USA. What would be, if any, the tax liabilities.
I run a single-person LLC consulting business. My business had a substantial contract recently terminated. I signed the contract in 2020 while working in NJ, and it had a "soft lock" where the customer could break the contract in exchange for material penalty payment.
I moved to... View More
answered on Jul 21, 2021
No matter where the payment is received, it needs to be reported on your Federal Income Tax return. The implications for State or Commonwealth tax reporting is best answered by an accountant.
answered on Jun 6, 2021
The property taxes are adjusted at time of settlement. The adjustment is based on a calendar year not on the the quarters are billed.
My ex-wife passed away last week. She was rushed to the hospital and had no medical insurance. Our daughter is a full time college student, and has just turned 21. Is my daughter responsible for her mother's medical bills? Or any other bills? Such as back taxes her mother owed?
Am I... View More
answered on Dec 30, 2020
I'm very sorry for your family's loss. If you wanted to try reposting and adding Probate and Estate Planning as categories, you could have better chances of a response. There's no guarantee all posts are picked up, but it sounds like something where an attorney could give more... View More
Years ago I ordered cigarettes online without realizing they were so cheap because tax wasn't charged. My housemate and I are both on deed and both listed as single with right of survivorship. We have never been married and are not in romantic relationship. It is my understanding we both are... View More
answered on Oct 16, 2020
The rule is that a judgment is valid for a period of 20 years. However, a judgment creditor may apply to the court to have the judgment extended for an additional 20 year period. When a judgment is docketed, it becomes a lien against all property the judgment debtor owns at the time the the... View More
Lien is bought and held by private investor. State of New Jersey.
answered on Sep 16, 2020
The lein stays attached to the property and continues to gather interest. If a foreclosure has been initiated, that will be stayed pending the bankruptcy. If chapter 13 is filed, then the lien can be paid off in the chapter 13 bankruptcy.
She has not paid and they are billing him. Is there anything that he can do?
answered on Jul 20, 2020
Unfortunately other than taking her back to court he will need to set up his own collection alternative with the IRS. This can include currently not collectible status, an Offer in Compromise, or Innocent Spouse Relief. Most of us offer a free consultation so it would not hurt to speak with a... View More
Last year, I was in a government program from September 2018-May 2019. Afterwards i worked two jobs. I want to know how to go about this situation.
answered on Jun 17, 2020
Hello,
Your situation is not uncommon.
You said you filed your taxes, so I'm assuming you mailed your tax return because if you e-filed it'd have been rejected.
If your paper return was rejected and returned to you or if you received a rejection notice, re-file... View More
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
