Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Estate Tax, Trust Co Tax, Affect on Income bracket
[ 1 Answers ]
I am receiving $5,000 from a Trust Company my grandparents set up for when they pass on. I was told that the Trust Company would tax that $5,000 dollars, is that proper and can anyone cite specific references? Further, I understand that money will not be taxed by the IRS but will it affect my...
Income tax treatment of sales tax on improvement to rental property
[ 3 Answers ]
For income tax purposes, major improvements to my rental property must be depreciated over a period of years. Can I take the sales tax on those improvements as a deduction in the year of the improvement, or must the sales tax amount be included in the depreciation schedule? Thank-you, ...
Income tax
[ 1 Answers ]
Does anyone know how to find out who claimed my child on their tax return. We tried to file our taxes and they say someone already claimed one of our children, but won't tell us who or when it was done?
Income Tax on Social Security & Interest Income
[ 1 Answers ]
I collect SS, withdraw interest income monthly and sell real estate. I am wondering since my interest income & real estate commissions exceed the SS allowable income cap of $12,000 will my SS for the next year be reduced? Will my real estate expenses be deductible from taxes owed on my...
Income Tax ?
[ 2 Answers ]
In the never ending debate about Income Tax I have a question. If there are over 22 thousand pages of Tax Code and if a Direct Tax in unconstitutional, how can anyone get the right answer? I seriously doubt if even the judges and the IRS themselves fully understand the true meaning of these... View more questions Search
|