Bruce Alexander Minnick's answer No one on this planet could possibly answer this question. You are seeking a definitive answer to a question about death taxes, which are subject to legislative change day by day--at the whim of those in power in Washington. Why worry about things that may or may not happen between now and the year 2026--when you have plenty to worry about today.
John Martin Hilla's answer You need to speak privately with a bankruptcy attorney in your area. The discharge of tax debt in bankruptcy is highly complicated and very fact-specific. Yes, it is possible to discharge them, but there are many, many exceptions and the answer for you could differ from tax-year to tax-year. It is also possible to repay non-dischargeable tax debt off in a Chapter 13 bankruptcy.
But contact a lawyer in your area to schedule a full conversation on the subject. You will not get an answer...
Bennett James Wills' answer Depends on how you want to structure your business. Depends on the type of business. There are pros and cons to each. If your projected income is that high for the first year, spend some money up front and hire an attorney to do the business and tax planning for you. That will save you money and time in the long run. Consult local counsel.
Linda Simmons Campbell's answer If you have your final paystub and believe that the information is accurate on your paystub, you can use that to file your return. You will need to send a copy of the last paystub to the IRS along with a letter explaining why you are using this to file your return. The IRS will then investigate. It will likely take longer to receive any refund if any is due to you.
Bennett James Wills' answer Consult with a local attorney. Your purchase and sale agreement will control the rights and obligations of the parties. You may need to file a lawsuit to correct a deed or pursue some other type of relief.
Leonard Robert Grefseng's answer This is not a tax question and you don't clearly specify your relationship to the deceased. However, if you are a relative of the deceased, you have a right to be notified of any probate proceedings. If a will is submitted for probate, it becomes a public record amd you can get a copy from the probate court clerk.
Leonard Robert Grefseng's answer This is a tax question that only the IRS can answer. If there is no child support being paid currently ( you say it is "being processed"?) it seems to me that is would be hard for the father to claim the child as I think you have to be able to demonstrate to the IRS that you are providing 51% ( more than half) of the support for the child. Even so, many people cheat on their tax return. If there was a custody order ( parenting plan) under Tennessee law the "primary residential parent" gets the...
Leonard Robert Grefseng's answer The parenting plan forms refer to the deduction for dependents ( not a tax credit). If the signed divorce papers say he gets to claim the deduction in alternate years, then that is what he gets: the dependency deduction (only).
If the papers do not mention a tax credit, then you will need to check with the IRS to determine who is eligible to claim the credit. It occurs to me that if he does not file an income tax return, he should NEVER need the tax credit.
Peter N. Munsing's answer your lawyer should be able to answer that. The law of the state where the estate is governs. Also note generally the claims of injury cases are not subject to state or federal taxes, and hopefully your lawyer worked the wongful death/survival claims in a way that gives the best bounce. But you really need to start with the attorney that handled the litigation.
Eric M Wiechert's answer For federal income tax purposes - generally compensation for physical injury (noneconomic damages)to a person is not taxable. However, economic damage awards and punitive awards are subject to federal tax. www.wisconsinbankruptcy.mobi
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