Free answers to tax questions from Gabriel Krikunetc

What is the best way to approach the fact that my Husband is not disclosing his actual income? Do I bring it up?

For 10 years he's said he didnt have his taxes he made imitation paystubs with bank statements for different periods. He hasn't complied with LFLR 10. This they are saying it hasnt been 2 years and is a post secondary support that is now a modification that is total HELP!!! There reallly is a sig change. I keep getting laid off due to my daughter at 17 has major depression and keeps trying to kill herself and is a late stage alcoholic/addict. I think, in addition to my supervisors, although I now have ADD but cant function with this all. She's now heavily in the justice system that was juvinelle, she willingly went to treatment but only after 5 days in ICU and then 4 in the mental ward at childrens. I needed to borrow cash to get her into an area right away cause now she's shooting heroin...4.0 pupil 3 months later here comes the Fs. My elderly perfect cheerleader girl with a minor learning disability that wants to be a DDS desires help. I cant get it becasue of back taxes. HELP?

A: Contact a tax attorney instantly. You can go to a low income taxpayer clinic in your state in the event you are a low income taxpayer. This really is really serious and should not be handled by yourself.

What is the proper way to handle a buyout of another person's share of a house inherited through a trust?

If two individuals inherit a Calif. home and some cash (from a trust) and they agree that one of them will buy out the other's interest in the house, how will that trade be handled and taxed. There is not enough money in the inheritance to utilize to counter the buyout, therefore it will involve a personal check from party A to party B to compensate them for their share. Because the house was inherited at present market value and therefore no taxes due would this be a sale at zero value? Could the trustee (and beneficiary - Party A) who will do the buyout only transfer ownership of the property directly to herself and write a private check to the other party, or what are the proper steps? I understand the authorities will be challenging a large check composed to another individual. Would a personal check to the other individual subsequently create a taxable event for them instead of an inheritance? (So much red tape, so little time.)
A: It ought to be handled like any home purchase through private parties, in writing and recorded with the county. Get in touch with a CPA or tax lawyer re: your tax questions. The best first step is an Initial Consultation with an Attorney. You can read more about me, my qualifications, awards, honours, testimonials, and media appearances/ publications on my law practice website. I practice law in CA, NY, MA, and DC in the following areas of law: Contracts & Business, Criminal Defense, Divorce & Child Custody, and Education Law. This answer does not represent legal advice; make warranties, guarantees, or any forecasts; or create any Attorney-Client relationship.

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Property has been sold for taxes, Im not able to pay the taxes back by the redemption period how long do I have to stay?

Redemption interval is 9/21/2016 my father's property he went. Im still there, filed chapter 7 May 2015 dispatched.
A: You ought to contact a lawyer at once if you have not yet done so.

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In the state of Tx, Was my self insured employer supposed to tax my WC income for the year?

I was injured and on WC for 90% of 2016. My W2 shows the complete year of wages was taxed including WC. Now I am confused if I am presumed to claim my WC income on my tax return.
A: No, wc benefits are NOT taxable. Your company is wrong is it paid wc benefits to you. If they somehow withheld taxes (ss and FICA tax as well) it owes that money back to you at once! But if it was a wage continuation program, rather than TIBs payable under the wc Act, that's a subject that is totally different. The determining factor is whether your self-insured company paid you TIBs and/or IIBs or a wage continuance. A clue would be if you are a salaried worker and received the same weekly payment following your injury as before. TIBs are calculated based on your average weekly wage for the previous 13 weeks before your injury and multiplied by either .70 or .667 depending on your hourly rate.