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Tax Law (Questions About Taxes)
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Recent Answers
2008-10-05
Tax Law (Questions About Taxes) - PAYMENT PRIOR TO DIVORCE SETTLEMENT
:
Jeff, Thank you for your follow- up question. 1)So am I out of luck? My family law attorney has had me continue to send my ex-wife the same money that she was living on prior to our divorce....
2008-10-05
Tax Law (Questions About Taxes) - Death of spouse
:
Joel, Thanks for your question. First, whatever return you file will be for the entire year. You get a full year's exemption and standard deduction regardless. Second, you can file a joint return...
2008-10-05
Tax Law (Questions About Taxes) - equity allowance advice
:
Wilma, Thanks for your question. My advice would be for the church to increase his salary by that amount and then enter into a salary reduction agreement for the amount of the extra pay. These funds...
2008-10-05
Tax Law (Questions About Taxes) - PAYMENT PRIOR TO DIVORCE SETTLEMENT
:
Jeff, Thank you for your follow up question. 1) How do I document or otherwise prove-up that these are "separate maintenance payments." Reference :IRS Publication 504 Alimony Alimony is...
2008-10-05
Tax Law (Questions About Taxes) - PAYMENT PRIOR TO DIVORCE SETTLEMENT
:
Jeff, Thank you for your question. 1)This has become a significant amount of money, and I was curious if I could take this off my taxes It depends on what these payments are for. If you are the...
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