Explore the 1,000’s of finance and tax questions answered by professionals.

A taxpayer has a joint tenancy with rights of survivorship (JTWROS) with her mother (who is alive) for a brokerage .... ... read on

Can a client convert non-deductible traditional IRA contributions into a Roth IRA without tax consequences if they also have a .... ... read on

A client of ours has a charitable remainder trust (CRUT) set up. What he has been doing every year, is .... ... read on

We purchased a vacant lot in 2012. In 2014, we subdivided it into 2 lots, and planned to build a .... ... read on

Do you have to pay taxes on a settlement from a medical lawsuit related to physical injuries? ... read on

If I want to claim our medical expenses that we paid out of pocket, do I include the mileage in .... ... read on

My daughter and her husband are adopting a newborn. They have qualifying expenses from 2013 and 2014. The child was .... ... read on

I live in Wisconsin, a community property state. My wife and I filed a joint tax return. I .... ... read on

I'm a non-resident alien for tax purposes living in the US on J2 visa/status. I am a Russian citizen. I .... ... read on

If a student receives Form 1098-T with $1300 in Box 2 and $3450 in box 5 (Scholarships), and their parents .... ... read on