Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
My daughter-in-law's father died last year. He owned several
My daughter-in-law's father died last year. He owned several houses in town (Boulder, CO). They were in the name of his son, my daughter-in-law's brother. Her father had specified that one house in pa… read more
taxmanrog
taxmanrog
Master's Degree
2,944 satisfied customers
My mother is in a nursing home. I have had to liquidate her
My mother is in a nursing home. I have had to liquidate her investments and sell her house. The proceeds are in a bank account I control. But, of course, they are there to take care of her. Now how do… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,464 satisfied customers
Do I have to pay anything for asking the question?
Do I have to pay anything for asking the question? … read more
PDtax
PDtax
Owner
Master's Degree
9,538 satisfied customers
If my brother sells my deceased mothers house which is in
if my brother sells my deceased mothers house which is in his name and splits the money 3 ways per my moms will....do I pay taxes on my share? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My father-in-law passed away 2 years ago. His son is buying
My father-in-law passed away 2 years ago. His son is buying his dad's house. He is actually buying out three siblings of their share of the house. He got it appraised and split the amount by 4 and he … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,104 satisfied customers
I am the executor of my Dad's estate.My father's house was
I am the executor of my Dad's estate.My father's house was inadvertently placed in my brother's name(same as my Dad's..except he was the 3rd and Dad was the 2nd) by the law firm or the courts(neither … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,104 satisfied customers
My father died in 2010. My mother is a ward of the state of
My father died in 2010. My mother is a ward of the state of Wisconsin and in a nursing home with late stage of Alzheimer's. Their home was sold in 2011 ("the estate of .....") per an attorney. The pro… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,104 satisfied customers
How to determine capital gains tax that was gifted?
How do I determine capital gains on a house that was gifted to us and is now a secondary residence?… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,104 satisfied customers
My question regards the $6500 Federal Tax Credit for repeat
My question regards the $6500 Federal Tax Credit for repeat home buyers. IRS Form 5405 says the buyer cannot take the credit if the purchase was from a related person. Related person according to Form… read more
Mark D
Mark D
Enrolled Agent
Master's Degree
1,338 satisfied customers
I just received an answer regarding cost basis for gifted real
I just received an answer regarding cost basis for gifted real property. I understand the basis is transferred from the donor. But for some reason, a local estate planning atty told us otherwise, that… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Transfer of my mothers home to my brother and I as a gift
Transfer of my mother's home to my brother and I as a gift but she has the right to live in it, but because of short term memory loss two years from transfer, she was put into a personal care home . W… read more
Bill
Bill
Master's Degree
2,074 satisfied customers
My mother deeded her home to my two youger brothers and myself
My mother deeded her home to my two youger brothers and myself in August of 2003. A couple of years later she had some medical problems and a little over a year ago was placed in a nursing home. My br… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
We live in Georgia. My wifes father died earlier this year.
We live in Georgia. My wife's father died earlier this year. He left his estate to my wife and her brother. He had stocks and bonds worth approximately $700,000 and a house that they will each make ap… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
In 1992, A client and his brother were deeded their parents
In 1992, A client and his brother were deeded their parents house for $1. The father has passed and the mother is in a nursing home. The client and his brother sold the house recently for $190,000. Ar… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
My mom quick claimed her home to my brother and I about 8 years
My mom quick claimed her home to my brother and I about 8 years ago. She feared a nursing home taking it if she became ill. She now wants to sell and move into a retirement rental community. The gain … read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
My Father came to live with me here in Florida last year.
My Father came to live with me here in Florida last year. He has Alzeihmers disease and a degenerative spine. I am his primary care taker. My Brother and I sold his home in California and we had one b… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
1,732 satisfied customers
My mother in-law died in 1997, and my step father in-law ...
My mother in-law died in 1997, and my step father in-law put my husband and brother-in-laws name on the house. When my father in-law died his daughter got his 1/3 of the home. The house was sold last … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,464 satisfied customers
Illinois inheritance / probate question on tax liablilty
My girlfriends father just past away in Illinois. He had a will and it stipulates that all assets go to her. She is inheriting about $600,000 in pension funds / IRA funds, and a house in Chicago worth… 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