Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I am working on my taxes using my H&R Tax Cut program. I
I am working on my taxes using my H&R Tax Cut program. I have a quick question. My mother died in 10-2018. She had a "payable upon death deed" recorded prior to her death stating that upon her death, … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,559 satisfied customers
My grandfather who died 20 years ago and owned a piece of
My grandfather who died 20 years ago and owned a piece of land that was recently sold - a 1/4 of the sale was left to my father who passed way 4 months before the land was sold. I inherited his share.… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,559 satisfied customers
How much taxes do I have to pay on $603,000 parent died and
How much taxes do I have to pay on $603,000 parent died and I sold his home … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,325 satisfied customers
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
1,848 satisfied customers
Widow Mom deeds over title to her California home to her surviving
Widow Mom deeds over title to her California home to her surviving son#1 and daughter#2 but continues to live in the home another 10 years before going to convalescent care leaving the home empty for … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
Father gives full power of attorney to only surviving child
Father gives full power of attorney to only surviving child to manage property in MS - to pay mortgage on house and to accomplish transfer of house and land to said child as soon as possible. A couple… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,325 satisfied customers
My daughter and son inherited my exs house. He died. They
My daughter and son inherited my ex's house. He died. They sold the house for $9,900 as is. The money was distributed equally to them both. Do they have to claim this amount on their income taxes. The… read more
Anne
Anne
Master Tax Preparer
2,551 satisfied customers
My brother and I inherited my fathers home. Since neither
My brother and I inherited my father's home. Since neither of us can buy the other out, we intend to sell the home and split the proceeds. What kind of taxes will we be required to pay? The home is in… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Recently property owned by my father who passed away in June
Recently property owned by my father who passed away in June has sold. When I contacted the back to split the money between the 4 children, they recommended I talk with an attorney or accountant. Will… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,029 satisfied customers
On Feb 6, 1989 my in-laws did a Quick Claim Deed turning the
On Feb 6, 1989 my in-laws did a Quick Claim Deed turning the house ownership over to their five children, with the proviso that they could occupy the house until their death. My father-in-law died Feb… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,029 satisfied customers
I am a self-employed and file a 1040 for taxes. Presently I
I am a self-employed and file a 1040 for taxes. Presently I am doing 07 and 08 taxes In July of 2007 an unknown mineral rights deed was found by a company in Oklahoma - they wanted to lease the portio… read more
Lou
Lou
High School or GED
272 satisfied customers
In 2004, I and 2 siblings inherited my fathers home. He lived
In 2004, I and 2 siblings inherited my father's home. He lived in it until he died in 2008. The cost basis (FMV) of the home in 2004 was $369,622. We sold the home in 2008 when my father passed. Due t… read more
Lou
Lou
High School or GED
272 satisfied customers
Before my parents died 10 years ago, they filed a Transfer
Before my parents died 10 years ago, they filed a Transfer on Death certificate with the deed to their home. Their 4 children were named on the TOD. One of the sons died before any death certificates … read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
my father passed away & we sold the house. the realtor told
my father passed away & we sold the house. the realtor told us this was not inheritance but income under my brothers name because the deed read "my father as to a life estate & my brother as to the re… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Last Christmas my dad pasted away and quick deeded the property
Last Christmas my dad pasted away and quick deeded the property to myself and my brother. We live in Texas and the proprty was in Rhode Island. March we sold the property for $155,000 as a quick sale.… read more
Bill
Bill
Master's Degree
3,161 satisfied customers
Parents deeded house to children in 2003. Mother died in ...
Parents deeded house to children in 2003. Mother died in 2004. Father died in 2006. Parents continued to live in house until death. State = PA. After father's death, house sold and proceeds divided am… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,136 satisfied customers
My dad&moms home was deeded over to the 3 children
My dad&moms home was deeded over to the 3 children almost 2 years ago, dad died and we sold home. attorney did the close as an estate, however my mom was already half owner of home, she and 3 children… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,029 satisfied customers
My step-father lived in my mothers home after she ...
My step-father lived in my mother's home after she died (per her will) at his death the home was left to the four children. During this time our step-father mortgaged the property. At his death the mo… read more
Zhicheng Lai
Zhicheng Lai
Master Degree
426 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