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

I purchased preferred trust stock a few years ago and I'm having difficulty understanding how to track my basis in .... ... read on

If a new client has had placed the entire home (including 50% of rental property) into a revocable trust back .... ... read on

Can a non-military (department of defense) TSP account be rolled into a IRA? ... read on

Inherited a piece of land in Canada and subsequently sold it and the proceeds from sale went to a newly .... ... read on

My client, Polly, and her husband have owned a house they have rented since April 1995. The house has two .... ... read on

My husband and I are legally separated in the State of Michigan. We are filing taxes separately. I am filing .... ... read on

A credit shelter trust owns 25% of a farm. Form 1041 instructions say a trust "is not allowed to make .... ... read on

I opened an educational IRA for my son who never used it. My son is now 24 years old. What .... ... read on

A taxpayer bought a condo for his son to live in rent free in 2005. The son moved out in .... ... read on

If my only income is social security and investment income, can I still contribute to an IRA? If not and .... ... read on