I have been working for a couple of companies in the past and have always been on W2 where they match my social security and medicare tax and automatically took income taxes out. However, I have just recently started to do contract IT work for another company. Being Contract work I am on 1099. I...

We have sold property in Indiana that will be part of and estate settlement. The property sold for less than $100,000. The money from this property will be divided between the 6 children. What taxes will be owed for the sale of this property?

My grandmother past away in January of 2007. Everything was left to my mother after the probate was over the attorney had the house deeded to me for 10.00. So it was like I had paid my mom 10 dollars for it. Then it was sold. I am wondering if I am going to have to pay taxes on it.

Okay, this gets complicated. I will try to keep it as simple as possible. I have inherited this problem from my Dad, who is in his 80s and is in failing health. About 30 years ago, my father and his five siblings (living in Texas and Oklahoma) inherited property (a gas station) in Oregon from a...

My company transferred from NY to NJ mid 2006. I paid NY Sate taxes for 5 months and NJ Sate taxes for 7 months. I'm using Turbo tax and according to the State returns I owe too much. Can I claim back the amount I paid to NY on my NJ return? I do not see anywhere in Turbo Tax where I can do...