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What else can I help you with?
Can the IRS take my back taxes out of your son estate if im the executor?
They cannot take money out of the estate for your debts. However, they can place a lien on your inheritance from the estate. When the estate is distributed, your share could be taken.
If a deceased person receives a letter for back taxes what should his or her relative do?
Pass it to the Executor of the estate. It has to be paid, if there is enough money in the estate, before making any bequests.
What happens when it is time to file your taxes if you claim too many allowances?
Get more money back when you file
What happens to back support when receiver dies?
The money is still owed to the estate. This is money that should have been available for the support of the child, and the estate is less because that money wasn't received. In all likelihood, the child is going to get the money at that point.
Can a town sue an executor of an estate for back taxes if the estate already settled if so how long do they have to make a claim?
Yes, they can sue the executor. They breached their duty if they did not resolve the taxes before closing the estate.
How much will I get back in taxes from medical expenses?
You won't get money back in taxes, you will get to subtract your medical expenses from your taxes. This will lower the amount of taxes you pay.
What happens if nobody bids on foreclosure?
The bank who forecloses becomes the owner of the real estate. They then sell the property as an "REO asset" to try and get the money back to payoff the mortgage. REO stands for "real estate owned."
When do the Christmas loans start?
WHEN do the loans start where you can get money on your taxes and pay it back when you get your tax money back?
What happens to credit card debt when the cardholder dies but wasn't the one that used the card?
The estate is responsible for the debt. They will have to pay it off before closing the estate. They have the ability to try and get the money/goods back from the person that spent it.
How do you find out if there are back taxes owed on a property?
To find out if back property taxes are owed on property (real estate or personal property) call your local city or county treasurer's office. Some cities and counties have tax collectors or assessors who handle this function. If you are buying real estate your title insurance company will investigate any back taxes owned the property for you.
If you borrowed money from a parent in Georgia by law can they require you to repay it to their estate or have it deducted from your inheritance?
Yes, it can be considered a draw against the estate and the estate has the right to ask for the money back.
How much money will you get back for logged gas mileage for your taxes?
How do u got the money back from the gas co.?
