Read Past Q&As
My wife went back to college to get her teaching certification 4 years ago after already earning a bachelors degree 20 years ago. Is the interest on her student loan from her teaching certificate program deductible? Some things I read say it must be for a degree, so I am asking about the certification. Thank you.
Submitted Feb 27, 2012
My son and I both receive the SS survivor benefit. I know my benefit stops when he turns 16. Will his benefit increase then or stay the same as it is now?
Submitted Feb 18, 2012
I am recently divorce and I have recently surrendered a life insurance policy that I received the cash value of roughly $5000. The Premium paid into this policy was roughly $9000. I know that the amount is not taxable because more premiums were paid but can I deduct the loss of $4000?
Submitted Feb 17, 2012
Submitted Feb 10, 2012
I am a medical student with a lack of credit history. My credit report only has my student loans for medical school and a couple of collections account (less than $400) that were paid 3-4 years ago. (Dispute with Medical Insurance about coverage). I would like to build my good credit as fast as possible. I applied for a normal credit card through Chase but I was...
Submitted Feb 9, 2012
My husband was killed a car accident almost 3 years ago. He was 60 years old at the time. When can I apply for his social security survivor benefits?
Submitted Feb 8, 2012
Finishing up physician fellowship soon and looking to buy land and then build a home...$750-900,000 range for the total loan. In Florida...do you have ideas/suggestions/experience with physician loans? I am thinking of going for a Fifth Third offer, I''ve ran into their offer on www.dochero.com. I appreciate any kind of help and advice. Thank you in advance.
Submitted Feb 5, 2012
Good day, I live in South Africa and have a family friend living in New York. He wants to do further studies, I wish to open an account for him to transfer the money into. Please advise me, what type of account I can open from SA. I want to have full access and control of the money. I wish to transfer the money from that account to his personal savings account. Is...
Submitted Feb 1, 2012
My ex-husband is required to submit his tax return to me every year since he owes me alimony which I would receive based upon a formula related to a certain amount of yearly income, should he exceed that base amount. For the last several years he has claimed gambling winnings in excess of $100,000 with gambling losses in the same exact amount. Does he have to file...
Submitted Jan 31, 2012
My 88 yr old father transferred ownership of 3 tax deferred annuities that he does not need to me in 2011. He remains as annuitant. There have never been any withdrawals or dispersements. He understands that he will pay income tax on the earned interest due to the ownership transfer. What are the tax consequence for me? I received a 1099R, copy C as recipient of the...
Submitted Jan 31, 2012