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I have contributed $4000 in my Roth IRA for 2006.

Now I find out that it would be better for me to pay the income tax on an inherited annuity rather than having the estate pay the higher income...

I am trying to clear up what to report on my individual tax form from a recent inheritance from a parent. I directly inherited
1 a teacher's pension fund lump sum settlement (I think it's...

My brother and I were beneficiary of an annuity. I understand we pay taxes on the taxable amount listed in box 2a of the 1099.
My question is... do I treat this as income adding it to myearned...

Thanks for the info, it is a help! There are so many "unchartered territories" in dealing with an estate for the first time and it is nice to have people willing to share knowledge that can make the...

The property was appraised at 160,000 in July.

The total estate is less than the 1.5 million for Federal Estate Taxes, but more than the 675,000 limit set by New Jersey estate taxes.
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My mother passed in May leaving my brother and I both executors and beneficiaries of her estate. It turns out, without either of our knowledge, she changed her deed to make herself, myself, and my...