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What else can I help you with?
If my spouse dies, how do I file taxes?
If your spouse dies, you may be able to file taxes as a qualifying widow or widower for the year of their death. This allows you to use the married filing jointly tax rates and rules. After that year, you would typically file as single or head of household. It's important to consult with a tax professional for guidance on your specific situation.
can the spouse live in the home after the spouse dies under a reverse mortgage?
Yes Watson. But the real question is: can the spouse spouse the home after the reverse mortgage dies live?
What if other spouse can not pay mortgage when the other spouse dies?
Then the house needs to be sold.
How do I file taxes when a spouse dies?
When a spouse dies, you may need to file taxes for them for the year of their death. You would file a final joint tax return for the year of their death, and then file as a single taxpayer in the following years. It's important to report any income earned by the deceased spouse and any deductions or credits they may be eligible for. You may also need to obtain a Tax ID number for the deceased spouse. It's recommended to seek the guidance of a tax professional or accountant to ensure you are filing correctly.
If spouse dies is the surviving spouse obligated to pay the loan?
The estate must repay the loan before assets are inherited. Otherwise, only if they cosigned.
If my spouse dies, how do I file taxes?
If your spouse dies, you may be able to file taxes as a qualifying widow or widower for the year of their death. This allows you to use the married filing jointly tax rates and rules. After that year, you would typically file as single or head of household. It's important to consult with a tax professional for guidance on your specific situation.
When one spouse dies what happens to jointly owned property?
The surviving spouse becomes the sole owner.
Why file single on your federal taxes when you are married and does it effect your spouse if one of you dies?
If you are married, you cannot (and should not) file single. Your choices are Married Filing Jointly or Married Filing Separately. The only time I usually see a Married Filing Separate return is either if the spouses, as a rule, just keep all of their finances separate, or if one of them owes taxes. Remember if you owe taxes the IRS will keep your refunds to apply to that balance due, so if only one of you owes taxes you can file Married Filing Separately and the one of you that does not owe taxes can still get their refunds. Also if you are going to owe on a tax return and file that return as Married Filing Separate, and then later die, your widow will not be responsible for the taxes.
If someone lives in Florida and marries in Louisiana and one spouse dies what is the other spouse entitled to?
u only said he is married once... u never said he was married in florida and also its the spouse that dies not the person
Do i have to change my status from married to single when my spouse dies?
if u want
In the State of Maryland if a spouse dies and has two wives which marriage is recognized?
Probably the one that was married to the spouse first
If your ex spouse has a lien on a home you own jointly and he dies does the survivor owe the lien to the estate?
Yes because there is no one else to take the home.
If your spouse dies do you file taxes any differently?
It depends on the situation. If you have a qualifying dependent that you support you may qualify to file as a widow(er) for the next two years. This filing status gives you the same exemptions as married filing joint. Check with your tax preparer or accountant for details.
If divorced and the ex-spouse dies can the surviving spouse get married in the catholic church?
Yes, provided that there are no other impediments to a marriage, the surviving spouse would be free to marry.
How do you get property in your name if spouse dies without a will?
If the property is jointly owned by the married couple it generally reverts automatically to the surviving spouse and does not enter probate. If the married couple lived in a community property state the property does not need to have both names on the title for it revert to sole ownership by the surviving spouse. The procedure for changing deeds/titles to real property is established by state law. Contact the land recorder or assessor's office in the city or county where the property is located.
Is there a waiting period for benefits if you just married and the spouse dies?
In most states in the US no. As long as your marriage is legal and you married in the US.
Who pays the credit card bill if someone dies?
Depends on whether you are in a community property state. If you are, and married, your spouse dies, you/estate is responsible for the bill.
