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Taxable gross income includes professional fees paid to you.

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18y ago

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Related Questions

Do you pay estate taxes on property left to you?

Generally the taxes are paid by the estate.


Is an estate administrator paid after the estate is settled or can they collect before it is settled?

They can collect before it is settled


Who paid more taxes third estate or 1st estate?

No, they did not. They were exempted from paying taxes. Only the 3rd estate (the bourgeoisie) had to pay taxes.


Do I have to pay estate taxes on inheritance property?

Yes, you will have to pay estate taxes on inherited property. In the United States an estate taxes is always imposed on the transfer of the "taxable estate" of a deceased person. Have already paid state taxes for CA. in FEB. Are there going to be more? I've paid taxes, is there aditional taxes included.


If you are admimister of an estate do you have to pay taxes on money that is left to you?

No. The estate is responsible for any estate taxes. However, if your bequest involves a substantial amount of money you should seek professional advice. The attorney who is handling the estate should be able to advise you. If you get paid a fee for your services as the Administrator, that fee is treated as income and should be claimed on your tax return.


What are federal estate taxes?

Federal state taxes are taxes to be paid to the federal government on owned property. Theses taxes are to be paid once a year.


Can the administrator of an estate sue the estate?

You would need to provide an example of an issue the administrator would have with the "estate". The administrator of an estate is the person appointed by the court to represent the estate. They are paid from the estate for performing their duties. Their fee comes out of the assets before any assets are distributed and they have the authority to pay their own fee out of the estate.Any lawsuits against an estate must be served on its administrator. It is difficult to think of an example where the administrator would do something at odds with their own interest in the estate.You would need to provide an example of an issue the administrator would have with the "estate". The administrator of an estate is the person appointed by the court to represent the estate. They are paid from the estate for performing their duties. Their fee comes out of the assets before any assets are distributed and they have the authority to pay their own fee out of the estate.Any lawsuits against an estate must be served on its administrator. It is difficult to think of an example where the administrator would do something at odds with their own interest in the estate.You would need to provide an example of an issue the administrator would have with the "estate". The administrator of an estate is the person appointed by the court to represent the estate. They are paid from the estate for performing their duties. Their fee comes out of the assets before any assets are distributed and they have the authority to pay their own fee out of the estate.Any lawsuits against an estate must be served on its administrator. It is difficult to think of an example where the administrator would do something at odds with their own interest in the estate.You would need to provide an example of an issue the administrator would have with the "estate". The administrator of an estate is the person appointed by the court to represent the estate. They are paid from the estate for performing their duties. Their fee comes out of the assets before any assets are distributed and they have the authority to pay their own fee out of the estate.Any lawsuits against an estate must be served on its administrator. It is difficult to think of an example where the administrator would do something at odds with their own interest in the estate.


How is child support paid pursuant to a court ordered lien against property from inheritance that is still in deceased owners name?

The lien will be paid by the executor or administrator of the estate. You should inquire at the court that issued the lien (perhaps you could speak to an advocate) and at the court where the estate was filed.The lien will be paid by the executor or administrator of the estate. You should inquire at the court that issued the lien (perhaps you could speak to an advocate) and at the court where the estate was filed.The lien will be paid by the executor or administrator of the estate. You should inquire at the court that issued the lien (perhaps you could speak to an advocate) and at the court where the estate was filed.The lien will be paid by the executor or administrator of the estate. You should inquire at the court that issued the lien (perhaps you could speak to an advocate) and at the court where the estate was filed.


Are CT property taxes paid in advance or arrears?

CT real estate property taxes are paid in arrears


Describe the three estates of France Who paid the taxes?

The Catholic Clergy were the First Estate and were tax exempt. The Nobles made up the Second Estate and paid no taxes. Everyone else was in the Third Estate and paid all of the taxes.


What was the estate system unfair in France?

One Estate paid all the taxes.


Is inherited cash taxable income?

No you do not pay any taxes on it but the estate may have already paid taxes if the estate is large enough