That gets a little trickier. I'd advise you talk this through with a local tax professional. My first thought would be that the mortgage payments over the last ...
Hi, Steve.You do have several years, as the new age for RMDs is 72. In the year you turn 72, you will be required to take out about 3.65% of the previous year's...
Hi,@NCNeathery!
It sounds to me like you "sold" the property to your son for $61,673. If this was your "primary residence", meaning you owned it and lived ther...
Hi, @Willow2327!
Assisting you with the actual calculation of they amount of taxes you may owe is not something we do, but I'll provide some guidance to help y...
Hi,@gregg5323!
As other commenters have noted, the IRS is very backed up, even for e-filed returns.The Taxpayer Advocate Office is as swamped as the rest of th...
