Our income is $4300 per month. Our expenses..credit cards, rent etc, car and life insurance is over $5k. Then everyday expensle, like food, gas, utilities. Would bankruptcy help me?
To.
answered on Jun 12, 2022
If you have filed tax returns in prior years, for those unpaid income taxes, then yes, a bankruptcy can help you. Unpaid income taxes, for returns filed more than two years and four months prior to the date of bankruptcy, are dischargeable, along with the interest and penalties accruing.... Read more »
answered on Apr 14, 2022
Generally, if your Social Security benefits are your only source of income, then they are usually not considered taxable income. If Social Security is your only source of income, then you typically do not need to file a tax return. If you are still working when you receive Social Security benefits... Read more »
Seeing him less than 5 or 6 times yearly.Hes a journeyman electrician of 25+ yrs, makes very good money but always lied about it and when he did pay c. Support, it was 500 at its highest.The woman he lives with is a P.Assist.On 6-13-2021 I was in a terrible car wreck.My poor son, who had spent the... Read more »
answered on Mar 16, 2022
If they supported him more than 50 percent of the time they can claim him, If you think you are entitled to exemption call the IRS and there is a form you can fill out to contest your ex claiming your son,
I was recommended adverse possession due to I have been maintaining it & I haven’t been able to find the owner or relatives.
answered on Mar 3, 2022
Usually the easiest way to obtain abandoned property is a Tax Sale, so check on its tax status in your County. But you will also need a TX attorney to search the title and determine ownership, easements, etc.
I presented my employer proof of employment discrimination and signed an agreement to receive money and not pursue a lawsuit. I was deposited less than the money agreed. The company claimed they deposited less because they withheld taxes from the net pay.
answered on Feb 17, 2022
If the settlement replaces lost wages those funds are taxable.
answered on Jan 3, 2022
In Texas, there is no statute of limitations for indecency with a child, sexual assault, or rape of a victim who is a child.
Can I file transfer on death deed to my children, possibly as a Medicaid asset protection trust devise if he has to go to nursing home?
answered on Dec 7, 2021
There are a few different ways to handle your issue. The simplest is a "Life Estate" where you deed the property back to yourself for the remainder of your life, then it automatically goes to the person you wish to obtain the property after you die.
This is great if you have a low... Read more »
She since has been diagnosed with lou body dementia and has had to be placed in a nursing home permanently. the home is paid off, how would I go about placing the home in my name only?
answered on Nov 7, 2021
If you have a true "Life Estate" that was done by an attorney or person who knows what they are doing, then you must be patient.
A true "Life Estate" is where an owner of land, signs and files a deed that goes from:
Owner 1 hereby grants to Owner 1 for life, then... Read more »
Apparently back in 2018 the IRS tried to contact me about taxes that I had owed which I have never owed taxes before. Well this year they had garnished some of my income tax which they said it was for a repossession of a vehicle back in 2018 which I didn't have a vehicle repoed then. The last... Read more »
answered on Oct 26, 2021
The IRS may have kept a portion or all of your refund due to a balance due stemming from a 1099-C Cancellation of Debt Issue to both of you. You may have gone through an audit when the IRS reached out To you regarding a potential tax debt From the audit. You potentially have a few options to... Read more »
Parties want to sell. Since my brother and I inherited my mothers party what should we be asking
answered on Sep 23, 2021
You should definitely meet with a probate lawyer. You will want some sort of official legal documentation to show that you now hold title to your mother's portion of the property. Plus, you want an attorney to make sure you're getting your fair share. Contact a probate attorney to see... Read more »
An individual worked respite hours taking care of elderly in 2020 but insurance company did not pay for hours worked. in 2021, insurance company agreed to pay for hours worked in 2020. By this time, individual was enrolled in school full time and had a financial aid package and grants in place.... Read more »
answered on Sep 22, 2021
You should contact a local employment law or tax law attorney to help you. This BB is not for providing specific legal information for you to deal with a particular claim. Search for a local attorney on this issue here on Justia.
My Mother died her home was owned by her & 1 sibling. Does my Mother part that she holds into the home goes to her living children?
She does not have a living will
answered on Sep 21, 2021
Yes. If she has no spouse and no will, then everything goes to her descendants. That would include her living children and also the children of any deceased child.
To my knowledge corporation referred to herein files 1120-H first time since its incorporation in 1981. It states it is a residential real estate association and claims exempt function income representing it came from me and others as "owners of real property".
I think I may be... Read more »
answered on Aug 12, 2021
Hi:
The form you mentioned, 1120-H is only for a HOA "Home Owners Association" to use for filing. It allows them to claim some exemptions.
I'm not sure why you think that for has any bearing on your status as a homeowner. To be sure, in some trailer parks the HOA... Read more »
The previous homeowner passed 4 years ago and the home has remained empty. The next of kin have shown no interest in the property. Can a neighbor care for the property (agricultural and house) and become the owner using an adverse possession claim?
answered on Aug 12, 2021
Yes, if you hold it exclusively for long enough. The minimum period in this situation would be 10 years.
Every time we called for a payment arrangement they said wait 30 days and call us back because they had not processed our returns. In the mean time we paid $350/month towards $29,000 from 2017 audit and 2018 and 2019 taxes. We got a payment arrangement and after that they filed a tax lien. Is... Read more »
answered on Aug 1, 2021
The IRS can file a tax lien if your debt is over a certain amount and/or if you are not having the payments direct debited from your account.
• My wife and I own a rent house. We also own an LLC.
• We want to transfer ownership of the house to our LLC and want to understand the tax implications.
• The rent house has had an operating loss, and it currently carries a loss carryover to be applied against future... Read more »
answered on Jul 11, 2021
I am not just passing the buck, but you really need to hire a tax professional with this transaction.
The taxes owed are due to claiming more dependents after kids left home and it was not caught until we reviewed w2 form.
answered on Jul 8, 2021
If you are paying federal taxes then you can request a one-time penalty abatement. This will abate penalties (not interest) for the first year a taxpayer owes taxes. As the name suggests this is a one-time option. Wait until you have paid the base tax due and then call the IRS and request the... Read more »
I started working this year and filed my taxes for last year. I got a tax refund but I was not employed anywhere last year. I am a F-1 student, will this refund affect my chances of getting green card?
answered on Apr 22, 2021
You should consult with a Certified Public Accountant to understand why you got a refund. As long as your taxes were properly completed, the mere fact that you got a refund will not affect your eligibility for permanent residency/green card. You should consult with an immigration attorney though... Read more »
What happens if I don't give her the 3rd stimulus check?
answered on Apr 5, 2021
If the check is in her name and you don’t give it to her, you can face criminal charges and civil penalties. Unless your divorce decree awarded you her check, which it doesn’t sound like.
I have paid to have a nonprofit created for me from a trusted source. If it was formed incorrectly and I get audited for not paying the correct amount of taxes... Would this be considered tax evasion(jail time?) or just tax avoidance (legal, so just an extra fine)
answered on Mar 31, 2021
It isn't possible to answer your question based on the limited information provided and, because of the sensitive nature, I would recommend having a confidential consultation with an attorney subject to attorney-client privilege. When something is done wrong on your tax return, it not lawful... Read 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.
