Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
Have question about vesting title to property we are
Have question about vesting title to property we are purchasing … read more
Barbara
Barbara
Enrolled Agent
7,064 satisfied customers
Stock brokerage account is held jtros by mother and daughter
stock brokerage account is held jtros by mother and daughter using mother social security number. Mother is 98 so if she dies first is there a step up in basis at time of death of the mother … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,720 satisfied customers
My wife died on 10/10/2016. Will no trust. Nevada residents.
My wife died on 10/10/2016. Will no trust. Nevada residents. Different brokerage accounts are giving me different answers on the "step-up" of cost basis adjustments. … read more
socrateaser
socrateaser
1,031 satisfied customers
My parents want to add me as JTWROS to a brokerage account
My parents want to add me as JTWROS to a brokerage account with stocks, bonds, and funds, that will currently pass to me in their will (I am an only child). We all live in PA. Assuming I don't access … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
IN COMPLETING THE PA REV 1500 - INHERITANCE TAX - I HAVE
IN COMPLETING THE PA REV 1500 - INHERITANCE TAX - I HAVE SOLD MY HOME WHICH WAS IN JOINT TENANCY W/RIGHTS TO SURVIVORSHIP WITH MY DECEASED FATHER. IS THE TAX CALCULATED ON 1/2 THE SALE PRICE TO DETERM… read more
Alexander Haraczka
Alexander Haraczka
Bachelor's
20 satisfied customers
Maybe quite a bit. My experience with Life Estate issues are
maybe quite a bit. My experience with Life Estate issues are limited. Here is my question and situation. father's personal residence was deeded to children in 2001 with a life estate. he died; they so… read more
Angie
Angie
Bookkeeper
55 satisfied customers
A client recently added her name on a joint owner to a mothers
A client recently added her name on a joint owner to a mothers account that was in a nursing home, she was power of attorney and thought for some reason she would have better control of the funds. The… read more
Bill
Bill
Master's Degree
2,278 satisfied customers
do I need a tax inheritance wiaver form to retitle shares of
do I need a tax inheritance wiaver form to retitle shares of stock held in joint tenance with my deceased husband? we have a trust together… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,363 satisfied customers
I have a client who had a joint tennants stock account with
I have a client who had a joint tennants stock account with his mother. His mother died in Feb of 2007(he is just now filing for 07) he did not put the dividends or cap gains on his mothers return...h… read more
RLWEA
RLWEA
Enrolled Agent
Bachelor
69 satisfied customers
what are the tax disadvantages and risks of a joint tenancy agreement for a married couple
what are the tax disadvantages and risks of a joint tenancy agreement for a married couple?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My wife and I are UK residents but we own a property in Florida.
My wife and I are UK residents but we own a property in Florida. I'm aware that there is a tax treaty between the UK and US which should help ensure we are not taxed twice on death. However, I would l… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
On a joint tenancy bank account consisting of stocks and bonds
On a joint tenancy bank account consisting of stocks and bonds (two joint non-spousal tenants only, one of whom has died), what are the tax consequences upon liquidating these assets? The surviving jo… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
My husband died this past Nov. 2007. We live in Calif.
My husband died this past Nov. 2007. We live in Calif. All mutual funds and accounts were in joint tenancy as well as our home. CDs were listed as going to each other with POD or TOD after both of our… read more
Bill
Bill
Master's Degree
2,278 satisfied customers
In 1999 a life estate was set up for my in laws both of ...
In 1999 a life estate was set up for my in laws both of whom died in 2005. The life estate or deed was in the name of my wife, their daughter. She has since sold the home in 2007. The deed of the prop… read more
Guru_Guy
Guru_Guy
Doctoral Degree
1,634 satisfied customers
If a person inherits a piece of real estate, that is
If a person inherits a piece of real estate, that is in joint tenancy, and has been owned this way since 1973. does the whole property get reevaluated at the current market price, or is it only the ha… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
What is the rate of Capital Gains tax Does it differ for ...
What is the rate of Capital Gains tax? Does it differ for adult children receiving the proceeds from a home that is sold upon the death of a parent?… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
My father died in Jan of 2006. I live in Pennsylvania, he ...
My father died in Jan of 2006. I live in Pennsylvania, he lived in Florida. After his death, I found that he had myself and my 2 brothers listed on deed as receiving "remaining interest" in life estat… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Mother opened a mutual fund (bonds) account with ...
Mother opened a mutual fund (bonds) account with son and daughter as joint tenants with rights of survivorship. Mother made all the contributions to the account. No funds have been withdrawn. Are ther… read more
RD
RD
Self Employed
Master's Degree
1,164 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