Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
Second opinion] My mom just sold my grandfather's house that
Second opinion] My mom just sold my grandfather's house that has been in probate since July 28, 2014 for cash. My grandfather died in 2012 and left her executor of the will. What are her next steps?? … read more
Matthew Breecher
Matthew Breecher
President
MBA (Graduate Legal Studies)
394 satisfied customers
Tenn IRD rental income (non probated in TN) Does this pass
Tenn IRD rental income (non probated in TN) Does this pass through on k1 to beneficiaries? is gain from sale reported on 1041 or does it pass through on K1 to beneficiaries? … read more
Matthew Breecher
Matthew Breecher
President
MBA (Graduate Legal Studies)
394 satisfied customers
The deceased died in 2016 at 68 and his estate's executor is
The deceased died in 2016 at 68 and his estate's executor is filing a return for 2016.In 2017, the probate executor wants to take $80k from the deceased's IRA to pay bills and fix-up his house for sal… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
My Mom passed away the first week of July 2015 in a nursing
My Mom passed away the first week of July 2015 in a nursing home. I am executor of the estate. My sister and I are 50/50 on her Will. The total estate is far below the IRS form 706 requirement or esta… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
I have a client whose spouse passed away in the tax year
I have a client whose spouse passed away in the tax year prior to the tax year he is filing. The deceased had income in the year following her death. How is that shown if they did not have a separate … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
My father passed away near the end of 2014. I am executor of
My father passed away near the end of 2014. I am executor of his estate. He had bonds that we recently cashed, with a total of approximately $20,000 in interest. I was told by the attorney handling th… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,992 satisfied customers
What do you do with 1099R received when the person
What do you do with 1099R received for 2014 when the person deceased in 2013. 1099R uses a social security number. The money was paid direct deposit to the account that belonged to deceased and her hu… read more
PDtax
PDtax
Owner
Master's Degree
9,538 satisfied customers
I am handling estate the individual passed away 10/18/14 her
I am handling estate the individual passed away 10/18/14 her estate was worth under 5 million. Does a federal estate need to be filed estate is in Texas… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
On Form 709, how do you complete Schedule C, Part 1 D&E. In
On Form 709, how do you complete Schedule C, Part 1 D&E. In 2012, a mother gave her son and daughter each 150,000. These are the first gifts she has given. The father died in 2011 and has a DSUE of 3,… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
My sister died in February of 2012. Do I file her regular
My sister died in February of 2012. Do I file her regular 1040 as usual or do I have to file a 1041? I have received a Tax ID number as her executor.… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
as executor of the estate for a 90 year old who died on may
as executor of the estate for a 90 year old who died on may 31,2011 do I have to file a tax return for her? estate was worth around $50K.… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,360 satisfied customers
Mother in law died November 9, 2010 with a revocable trust.
Mother in law died November 9, 2010 with a revocable trust. Husband is executor. No distributions have been made except transfer of house to husband, new deed has been drawn and we will continue to us… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
I am in the process of filing a 706 (my mom died in Sept.)
I am in the process of filing a 706 (my mom died in Sept.) her estate is valued right around 3 million. My brothers insist that they need to fill this out ALONG with me and that we need to go back 16 … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
How can to obtain a copy of Form 712 for Life Insurance?
How can I obtain a copy of Federal tax Form 712 for Life insurance that was filed in 2005? I need the amount and beneficiary to satisfy a family question.… read more
JKCPA
JKCPA
Certified Public Accountant (CPA)
Bachelor's Degree
4,666 satisfied customers
I am executor of an estate. The estate had no income of any
I am executor of an estate. The estate had no income of any kind after the decedant's death. The only assets were the house, which was owned 100% by the decedant and foreclosed on because of lack of f… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
If in fact it can be proven to the IRS that about 80000.00 ...
If in fact it can be proven to the IRS that about 80000.00 was paid under the table in a period of 18 months what would the IRS do about this and are you not required as a Power of Attorney to keep re… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,030 satisfied customers
We just found out after my aunt died that she had a large ...
We just found out after my aunt died that she had a large estate. Her will states that her money was to be split between her 2 sisters.One of the sisters is alive, another aunt of mine, but my mom, he… read more
Guru_Guy
Guru_Guy
Doctoral Degree
1,634 satisfied customers
I am a granddaughter of the deceased. What percent will I ...
I am a granddaughter of the deceased. What percent will I pay for inheritance tax for moneys and properties left by will? Is the percentage the same for what I will receive in Life Insurance policies?… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 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

4,512 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

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

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< 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