Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
My parents bought a home in 1969 for about 25,000 HE DIED IN
my parents bought a home in 1969 for about 25,000 HE DIED IN 2011 - MY MOTHER SOLD THE HOUSE IN 2020 FOR $600,000MY MOTHER PASSED AWAY A FEW WEEKS AGO EVERY SHE OWNED WENT INTO A TRUST.MY SISTER IS EX… read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,504 satisfied customers
My sister and I, executors of my parent's estate sold their
My sister and I, executors of my parent's estate sold their house a year after death. Are taxes due on the sale of $640K? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,508 satisfied customers
My father died and he and my (living) mother had set up a
My father died and he and my (living) mother had set up a revocable family trust (both of them grantors and trustees). My father had a qualified investment (IRA) account that the benficiary was "The E… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
5,388 satisfied customers
I have an inherited 401K from my mother that will be paid
I have an inherited 401K from my mother that will be paid into an estate account. I am the executor of the estate and want to make sure I withhold enough money to pay both federal and state (georgia) … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
5,388 satisfied customers
My mother died in May of last year (2014) and all of her
My mother died in May of last year (2014) and all of her assets were in a Living Trust. I took out a new tax ID for the trust at that time and filed a return for 2013 for the Trust stating all zeros w… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,508 satisfied customers
After my step father passed away, the house he and my mother
After my step father passed away, the house he and my mother lived in was sold for $xxxxxx. Half the money went to my mother. Half went to my step fathers estate. The estate check was deposited in acc… read more
Anne
Anne
Master Tax Preparer
2,601 satisfied customers
My mother was deceased in a foreign country in 2009. She had
My mother was deceased in a foreign country in 2009. She had 2 real estate properties in USA that produce rent. I have been filing her income tax return every year. She never had or claimed social sec… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,508 satisfied customers
When our Mother died in 2011 she had a trust set up and the
When our Mother died in 2011 she had a trust set up and the balance of her trust was divided equally among the 3 us us. My sister in Oregon does not have to pay taxes on this as it was under $100,00. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,508 satisfied customers
I have question about estate planning. My parents have
I have question about estate planning. My parents have a property that will increase in value in the future. It is now worth 2 million. I know there is a AB trust. But in AB trust, the surviving spous… read more
Gerri A Harrison CFP EA
Gerri A Harrison CFP EA
Financial advisor/Tax preparer
Bachelor's Degree
245 satisfied customers
My mother passed away in 2005 and my father passed away this
My mother passed away in 2005 and my father passed away this past October, 2008. The two of them left all of their assets in a trust for us five children, of which my eldest sister is the executor (of… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
My father died almost 12 years ago. He had a trust and now
My father died almost 12 years ago. He had a trust and now that General Motors declared bankrupcy, I need to claim the loss on my tax return. My problem is that I don't know which date to put the valu… read more
RD
RD
Self Employed
Master's Degree
1,129 satisfied customers
My mother put her 401k into a Living Trust which then turned
My mother put her 401k into a Living Trust which then turned into a Family Trust on her death for my father,sister and I. Now our father passed as we split the $26,000 between my sister and I. Do I ha… read more
Mark D
Mark D
Enrolled Agent
Master's Degree
1,338 satisfied customers
My 84 ye old father passed away in Feb, he left me my 82 yr
My 84 ye old father passed away in Feb, he left me my 82 yr old mother w/alz, which is living with me. I have an aide stay with her during the day which is paid for out of their little bit of savings.… read more
bizmatters
bizmatters
J.D.
666 satisfied customers
My father died in 2005, his wife (my step-mother) died (40)
My father died in 2005, his wife (my step-mother) died (40) days later. They both had no will. An estate was set up. A 401K was dissolved and taxes were paid by the recipiants. A life-insurance policy… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
My mother, who passed away in May 2008, had a revocable living
My mother, who passed away in May 2008, had a revocable living trust. All the assets of the trust were stocks for various companies and have been transferred to her 5 beneficiaries. I applied for a ne… read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,504 satisfied customers
My father recently died. Mom & Dad had an annuity with ...
My father recently died. Mom & Dad had an annuity with AIG, my mother needed the money. I was the beneficery on the annuity. My mom asked to cashed out, AIG did but sent the check to me, even though I… read more
Bill
Bill
Master's Degree
3,246 satisfied customers
My sibling and I have inherited an irrevocable trust from ...
My sibling and I have inherited an irrevocable trust from our father who passes away 8 years ago. It was a propert which is presently being sold for 1,200,000 less mortgage, etc...the property has bee… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,290 satisfied customers
My mother passed away she had a living trust all in mutual ...
My mother passed away she had a living trust all in mutual funds 332,000 which was sold after her death. Do I put this on her last federal return?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,508 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

5,914 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

673 satisfied customers

B.A., M.B.A, J.D.

Loren

Loren

Attorney

555 satisfied customers

Over 25 years practicing law

Robin D.

Robin D.

Senior Tax Advisor 4

21,808 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,666 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x