308 Tax and Taxation Law results in Illinois

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I was divorced in 2024 but we sold the house in 2023. The lawyers are holding the money until the divorce is final. What year do I have to c...
Asked 2/16/24, 2:56 pm in United States Illinois Tax and Taxation Law

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I retired in 2010 on SS @ 62. SS only income; 2010=13k, 2022 = 21k. Have not had to pay taxes nor filed taxes since 2010. Has ...
Asked 5/24/22, 8:29 am in United States Illinois Tax and Taxation Law

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Am I allowed to take the money made from selling my home and give it to my child in order for them to build a new home for them?
Asked 1/05/22, 11:55 am in United States Illinois Tax and Taxation Law

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How can the irs send me a bill for taxes owed for child support I received for my chikd?
Asked 12/12/21, 8:32 am in United States Illinois Tax and Taxation Law

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I can't get a hold of my tax man. I have one question. I am in the process of settling a lien. As part of the settlement they want me to sub...
Asked 9/02/21, 4:47 am in United States Illinois Tax and Taxation Law

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Are legal fees deductible on your taxes?
Asked 2/04/20, 1:38 pm in United States Illinois Tax and Taxation Law

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I am looking for help with my tax situation. I am preparing my 2018 tax return and learned that because I made approximately $4,000 too much...
Asked 3/29/19, 9:20 pm in United States Illinois Tax and Taxation Law

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I received a 1099 MISC but the amount reported on the 1099 is wrong/too low as the company forgot to include certain amounts in my total com...
Asked 3/22/18, 10:43 am in United States Illinois Tax and Taxation Law

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Hello! I live in Cook County but purchased a car in DuPage County in 2013. Two years after the purchase I received a notice sayin...
Asked 1/19/18, 2:52 pm in United States Illinois Tax and Taxation Law

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My sister from Vietnam will gift me $75000, do I have to pay taxes and report to the IRS. Does my sister have to do any paperwork stating th...
Asked 12/30/17, 2:49 pm in United States Illinois Tax and Taxation Law

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I need to file an IRS 990N for an IL nonprofit (NP). The most recent tax year was 7/1/16-6/30/17 and so I need to file by 11/15/17. The NP s...
Asked 11/12/17, 9:12 pm in United States Illinois Tax and Taxation Law

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Hi. If i have no tax liability on income of about 22,000, can I simply enter "exempt on the W4 form?
Asked 11/08/17, 2:20 pm in United States Illinois Tax and Taxation Law

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Can home owner or neighborhood associations qualify for eleemosynary status with the IRS?
Asked 8/18/17, 2:28 pm in United States Illinois Tax and Taxation Law

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My daughter and her friends want to start a school club that does fundraising for local charities, they also will collect money to make nec...
Asked 6/25/17, 8:37 am in United States Illinois Tax and Taxation Law

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Can a commercial property be sold then reinvested in a residential rental property without paying capitol gains tax?
Asked 4/19/17, 11:17 am in United States Illinois Tax and Taxation Law

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