Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
My tax question has to do with distributions from a living
My tax question has to do with distributions from a living trust. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,019 satisfied customers
Taxpayer died in may; all property, funds, stocks pets --at
taxpayer died in may; all property, funds, stocks pets --at which point they became assets and liabilities of living trust with its own trust number etc. Two separate returns for 2018? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,019 satisfied customers
This past year several investment accounts have come into my
Hello, this past year several investment accounts have come into my possession, and I have closed a few accounts to handle some medical expenses. My question is how can I calculate the taxes that will… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I recently found out that I am receiving half of a trust
Hello. I recently found out that I am receiving half of a trust from my grandparents that they left for my dad (passed). I am getting close to $50,000. I want to know how this will be taxed … read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
938 satisfied customers
My great aunt recently passed away and left money to
Hello, My great aunt recently passed away and left money to both of my minor children to be used for college. The checks from her estate are made out in my name as the trustee for the benefit of my ch… read more
Tax.appeal.168
Tax.appeal.168
Principal
6,603 satisfied customers
My mom recently conveyed her Mineral Interests to me via a Mineral Deed that has been duly
My mom recently conveyed her Mineral Interests to me via a Mineral Deed that has been duly filed. Her assets are held in a trusts, including these, which came to her through a probate of my father's w… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
A few questions about inheritance taxes...Does a revocable
A few questions about inheritance taxes...Does a revocable trust protect you from inheritance taxes? How is the rate determined? If I reinvest in real estate, do I still pay taxes? When do these taxes… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I am preparing a form 1041 for an revocable trust that became
I am preparing a form 1041 for an revocable trust that became irrevocable at the grantors passing on 12-19-13. The trust assets will be totally distributed by year end. When I do the 2014 - 1041 I am … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,019 satisfied customers
My mother passed away in March. She had a revocable trust with
My mother passed away in March. She had a revocable trust with me as the successor trustee. Only her home and three CDs were placed in the trust. CDs outside the trust were POD for her three children.… read more
Bill
Bill
Master's Degree
3,157 satisfied customers
My mother passed away in March. She had a revocable trust with
My mother passed away in March. She had a revocable trust with me as the successor trustee. Only her home and three CDs were placed in the trust. CDs outside the trust were POD for her three children.… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,019 satisfied customers
I am a class one inheritor (brother), and I understand that
I am a class one inheritor (brother), and I understand that after a 10,000 exemption, I must pay 1% of the remaining inheritance from a revocable trust as nebraska inheritance tax. Do I also have to p… read more
Bill
Bill
Master's Degree
3,157 satisfied customers
I am adm. of estate in Penn, Am I resposible to pay inheridence tax on c.ds
the c.d's are for two individuals and named as such, Who pays the inheritance on these,Is it the estates responsibility or the owner of the c.d.'s responsibility… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,136 satisfied customers
A relative passed away in early 2008. The house was in his/her
A relative passed away in early 2008. The house was in his/her Living Trust in southern California. I am the beneficiary of the Living Trust and live out of state. The Trustee is not a beneficiary but… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
How are mutual fund distributions allocated to the ...
How are mutual fund distributions allocated to the beneficiary of a simple trust that is in an IRA?… read more
Bill
Bill
Master's Degree
3,157 satisfied customers
I was born in England in 1945 and have a British passport.
I was born in England in 1945 and have a British passport. I was educated and qualified in England but have lived outside the UK since 1972. I have always maintained a bank account in London, and have… read more
Mic
Mic
CEO
Working on PhD in Hypnotherapy
174 satisfied customers
I have a 401K plan which will go to my 2 children upon ...
I have a 401K plan which will go to my 2 children upon my death. Presently this 401K plan is in my living trust and I understand that it will be taxed in full when I die. In order to defer the tax sho… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,019 satisfied customers
My Father in Law wishes to will his house to the two ...
My Father in Law wishes to will his house to the two children, Sue & John. Sue needs to be in a "Special Needs Trust". 1.) Will she incur any tax liability if the 50% portion of the house is willed to… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,019 satisfied customers
Need to know the details related to the optimum use of pour over mecha
A question related to a testamentary 'pour over' of assets into a trust..... Must the trust be in existence at the time of death (and funded ?) in order to skip probate and the associated fees and is … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,019 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

4,937 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

261 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

17,888 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,659 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