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My father left us when we were young and divorced my mother. He was lost for 25 year and just recently I found my uncle (which is his brother) whom also didn''t know where my father was. a few months later my uncle received a call from the cook county morgue that my father was found already deceased. My mother says he never paid child support when we were young so my...
Submitted Dec 6, 2012
Hi, I am a US citizen working in the US. I am getting a contract with a US company, but I will be paid out of Hong Kong. The pay will go directly to my US bank account. I will not be going to Hong Kong for the contract. Do I need to pay Hong Kong taxes or do any filings? Many thanks, Darcie Goodwin
Submitted Dec 6, 2012
My nephews father died and his son is in college. My nephew is 19 can he get some type of surviors benefits while in college. He was never married to his mother. Plus he was married and had 2 children by wife.
Submitted Dec 4, 2012
I have a contractor that I report their income on a 1099. Can I pay their health insurance and medical bills and deduct them?
Submitted Dec 2, 2012
I''m finishing up my PhD. in engineering here in the US (Florida) and am considering a 1 year (it might be extended) post doctoral research postition in France. The inital job offer is from May 1, 2013 to May 1, 2014. I will be paid by the University in France. Post doctoral postions in engineering here in the US typically pay between $40,000 and $70,000 a year,...
Submitted Nov 30, 2012
I have a small business an I know you can deduct the health insurance premiums. But I would like to know if you can deduct the co-payments, deductables, prescriptions i.e. money out of pocket? Also, do you have to pay inheritance tax for an amount under $100K? Thanks
Submitted Nov 29, 2012
We have a home equity line as well as a personal line of credit with our bank (KeyBank). These were established years ago and continue to carry balances that we are unable to pay down. Is there a way for us to reach a settlement with a bank for these types of debt?
Submitted Nov 28, 2012
Having so much student loan debt is frightening. I pay about $450 in loans a month, going up to $550 in January due to my grad school loans. I pay $151 to the government for direct loans, and $266 to Wells Fargo. One of my Wells Fargo loans has a 12% interest rate since I took it out with my parents as co-signers, as they were on the verge of bankruptcy. My...
Submitted Nov 27, 2012
When my husband passed away his company shares from the United Kingdom were transferred to a brokerage account in Texas. My question is are there different type of brokerage accounts? Shares came from two different plans. Share Incentive Plan (pretax earnings) with matched partnership shares which are taxfree if held in plan for 5 years AND Non tax qualified share...
Submitted Nov 27, 2012
My mother may have to go to Medicaid soon, and she has some resources that would be taken for care to go down to the $2000 limit for Medicaid eligibility. Can she give her children a gift to reduce her resources w/o her being accused of fraud?
Submitted Nov 27, 2012

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