Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
My wife is becoming a card holder and I am a US citizen. Her
My wife is becoming a green card holder and I am a US citizen. Her parents are getting older and want to start transferring money over to her as a gift or Inheritance. The total amount would be greate… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
18,655 satisfied customers
Foreign gift taxation - My aunt sent a wire transfer to my
Foreign gift taxation - My aunt sent a wire transfer to my mother's bank account for myself and my mother - What is the tax liability on the gift? The distribution is 50/50 for my mother and myself. … read more
abci168
abci168
Principal
27 satisfied customers
I have a question on money received from overseas to me in
I have a question on money received from overseas to me in the U.S as a gift … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
A elderly Japanese man wants to reduce his estate by gifting
A elderly Japanese man wants to reduce his estate by gifting his adult son & daughter, as well as his daughter's husband & their 2 minor children anywhere from 75,000 - 125,000 per year. If he gifts a… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
My parents are foreigners. They want to transefer money(more
Hello! My parents are foreigners. They want to transefer money(more than 30000$) from overseas to their bank account in US, then gift the money to me. I wonder I shall file form 3520 or form 709 for t… read more
abci168
abci168
Principal
27 satisfied customers
I will be receiving about 60 thousand dollars as gift from
I will be receiving about 60 thousand dollars as gift from my uncle through bank transfer from over seas. I will be using this gift amount to put into the down payment for a house I like to purchase a… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,328 satisfied customers
I have questions regarding foreign inheritance reporting
I have questions regarding foreign inheritance reporting form a foreign person to a US resident and more particularly regarding Form 3520 and 8938.I am a US resident. My father, a foreign person passe… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
My father passed away in brazil and I will inherit 33million
my father passed away in brazil and I will inherit 33million dollars. What will be my major tax concern if i decide to transfer this money to the US… read more
abci168
abci168
Principal
27 satisfied customers
My mother is not a US citizen. She is a citizen of Switzerland.
My mother is not a US citizen. She is a citizen of Switzerland. She gave me a large, one time gift of $500,000 so that I could invest it in a business. ( which I did) Can you please tell me if I will … read more
abci168
abci168
Principal
27 satisfied customers
My Mother died recently and left me a bequest in her Will.
My Mother died recently and left me a bequest in her Will. She was a UK citizen and had no bank accounts or pension in and from the U.S. Her income was entirely from her pension and savings, UK banks.… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am a legal us resident non citizen and will be receiving
I am a legal us resident non citizen and will be receiving a inheritance from Canada no properties involved strictly cash only what will be the tax if any Canada does not have an inheritance tax impos… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
As a U.S. Resident alien, I inherited less than $100,000 (U.S.)
As a U.S. Resident alien, I inherited less than $100,000 (U.S.) following the death of an aunt in Canada during 2013. What tax reporting or liability do I have? Thanks!… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I am British and a US permanent resident. My father was British
I am British and a US permanent resident. My father was British and he passed away in 2010. My sister and I inherited his house, and when the house was sold the proceeds were split between my sister a… read more
abci168
abci168
Principal
27 satisfied customers
How much can a US Citizen receive from a foreign person as
How much can a US Citizen receive from a foreign person as a gift before it becomes taxable?… read more
abci168
abci168
Principal
27 satisfied customers
Hello, I plan to buy a house. My parents who are residents
Hello, I plan to buy a house. My parents who are residents and citizens of Russia want to help me with down payment and would like to give me some amount of money as a gift. There is no gift tax in Ru… read more
abci168
abci168
Principal
27 satisfied customers
My wife and I are US citizens and file joint tax return. My
My wife and I are US citizens and file joint tax return. My wife's mother was a non-US citizen, she lived in Russia. She has died in 2011 and left to my wife bequest in cash. My wife is US citizen and… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
what if receive an inheritance of 16000 dollars wired from
what if receive an inheritance of 16000 dollars wired from a foreign account into a my US account, should i report it in the ITR?… read more
abci168
abci168
Principal
27 satisfied customers
I am a greencarded, resident alien married to an American.
I am a greencarded, resident alien married to an American. My mother, a German National living in Germany, purchased a house in the US, and we live in that house. She would like to gift that house to … read more
abci168
abci168
Principal
27 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

18,655 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