So paying off the lien is not a taxable event, so there is no need to report it. The home sale, if it was finalized this year (2022) will be reported on your 20...
Hi Carolyn - so sorry to hear about your loss.Typically when the IRs requests additional information, it delays the processing of the return as it is being revi...
Hi -
If you originally filed your return with TurboTax, we can help streamline the steps outlined above. If you used TurboTax Online, simplylog in to your accou...
Hi - if you sold the home last year, you would need to report the sale on the tax return for the year the property was sold. The lien is not really a factor in ...
Once you are considered a Canadian resident for tax purposes, all of your worldwide income (Canadian or foreign) is subject to Canadian tax from that point forw...
