The whole point of any IRA is that the contributions are tax-deductible and the investments grow tax-free, so there is no basis and the entire amount is taxable...
If your father is a "US person" for income tax purposes, he must file a US tax return and pay US tax on all his world-wide income. If he also pays tax overseas,...
You must donate the item so that the church owns it free and clear, and can do whatever it wants with the item, including selling it, giving it to someone else,...
@MichaelEgan007wrote:
We were married 12 years and because I was undergoing back surgery at the time she served me divorce papers, I was ultimately awarded temp...
@dmertz
@Hal_Al
In general, retirement income is taxable. But the military doesn't follow the rules the IRS requires of everyone else. In the civilian world, ...