Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
My mother passed away in May of this year and my name was on
Hi, my mother passed away in May of this year and my name was on the deed so I own the house. I did not live in the house with her and am now selling the house. What will I expect to pay in capital ga… read more
Lev
Lev
44,344 satisfied customers
Can my wife and I sell our shares in XXXX Hospitality LLC to
Can my wife and I sell our shares in XXXX Hospitality LLC to my parents at price of $1 each. Kesar Hospitality owns a paid up motel in Arizona which is doing loss. Also, Can I sell my 10% shares at th… read more
PDtax
PDtax
Owner
Master's Degree
6,722 satisfied customers
JD: How can my 88-year-old mother sell her $900,000 home,
Dear Lane, JD:How can my 88-year-old mother sell her $900,000 home, without Medi-Cal taking most of the net?Fact pattern: • My mother is 88 years old. • I have POA over her person and finances. • She'… read more
Lev
Lev
44,344 satisfied customers
I was connected to this morning and his answers on real
hi - i was connected to Richard this morning and his answers on real estate related questions were good. I had an SSI benefits qualification question, and Richard said that was not his area of experti… read more
Barbara
Barbara
Enrolled Agent, Paralegal
24,080 satisfied customers
My aunt who is 80 years old is a resident of California
My aunt who is 80 years old is a resident of California receiving Medi-Cal and SSI. Can she gift her home to her son? We know the home is an exempt asset for purpose of Medi-Cal and SSI.Thank you.… read more
Gerald, Esq
Gerald, Esq
Juris Doctor
721 satisfied customers
My mom owns her home in southern Ca. for over 30 years. She
My mom owns her home in southern Ca. for over 30 years. She is recently moved into a nursing home. She has a reverse mortgage and owes about $240,000. The home value is about $500,000. It is in a living trust. If she gives it to me and I take out a mortgage to repay the reverse mortgage money due, how will that effect property taxes? Is there a way to keep them at her low rate? How does it effect my income taxes if I plan to keep it as a second home and do not sell it? Is there gift tax or capital gains? … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
22,489 satisfied customers
My mom died 12/12/2016 medi-cal is telling me to pay
my mom died 12/12/2016 medi-cal is telling me to pay 72,692.13. they notified me 6 months after her death. there is no money left after distributing the funds from the estate...do I have to pay the bi… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
10,915 satisfied customers
My mother needs to go on Medi-Cal, but the administrator is
My mother needs to go on Medi-Cal, but the administrator is requesting proof that she has no assets. Since she only receives Social Security she doesn't file a tax return, so how can she prove she has… read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
3,264 satisfied customers
Sacramento, CA: house title in name of parents; father now
Sacramento, CA: house title in name of parents; father now deceased, mother (94) moved to a care facility. Parents have two adult children; daughter has her own home, son now living in parent's home. … read more
socrateaser
socrateaser
1,544 satisfied customers
My parents (Tom and Miyo) jointly own their house. It was purchased
My parents (Tom and Miyo) jointly own their house. It was purchased in 1976 for $50k. They currently owe $240k and it will sell for $350k (which we will do shortly). This means that the potential taxa… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
7,581 satisfied customers
I have a question regarding capital gains and if I will have
Hello, I have a question regarding capital gains and if I will have to pay them. In November 2015 my mother signed over her home to me (I believe it was with a quit claim deed with wording that said I… read more
Tax-Scholar
Tax-Scholar
Manager
Bachelor's Degree
89 satisfied customers
I am a green card holder from july 2013. I have just sold my
I am a green card holder from july 2013. I have just sold my house in Vietnam, paid all the tax there and Vietnamese government allowed me to transfer all those money to the US through the bank. If I … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
24,361 satisfied customers
Hello, I have a question about whether Medi-Cal recipients
Hello, I have a question about whether Medi-Cal recipients can have a rental property. My parents are currently Medi-Cal recipients, age 71 and 80. They live in their own house, 50 miles from me, a li… read more
Lev
Lev
44,344 satisfied customers
Hi, I have a capital gain tax query relating to inheritance.
Hi, I have a capital gain tax query relating to inheritance. Parents in law, retired, lived on and off between Australia and their country of origin (Mauritius). My father in law purchased a property … read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,394 satisfied customers
My mother put her house in my name 20 years ago (19007, Pa.)
My mother put her house in my name 20 years ago (19007, Pa.) to be held in trust for my sister (Not good with money). Our Mother has passed. and my Sister now wishes to sell and has a buyer. She has p… read more
Lev
Lev
44,344 satisfied customers
My Mom is ill her name is on the Deed to a mobilhome in CA.
My Mom is ill her name is XXXXX XXXXX Deed to a mobilhome in CA. We need to change the Deed to our names but don't know how that may effect her Medi-Cal benefits in the future if she needs them. We do… read more
Lev
Lev
44,344 satisfied customers
my mother has just been approved for medi cal with no share
my mother has just been approved for medi=cal with no share of cost. due to dementia and mental illness, she requires 24 hr, care. she has applied for IHSS= in home supportive services of alameda coun… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
24,361 satisfied customers
Since my husband died in 1995, I have filed as a single person
Since my husband died in 1995, I have filed as a single person with no dependents. In 2007, my 18 year old newphew moved in with me. Born with Cerebral Palsey and 50% hearing impairment, he receives S… read more
Merlo
Merlo
Tax Consultant
560 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

6,077 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

877 satisfied customers

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

Loren

Loren

Attorney

795 satisfied customers

Over 25 years practicing law

Robin D.

Robin D.

Senior Tax Advisor 4

24,361 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,667 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