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How Do I Handle My Mother’s Estate?

by Tiffany Mellow | Mar 26, 2017 | Personal Taxes, Your Questions Answered - Personal Accounting

QUESTION: Dear Taxman – I am the administrator of my Mother’s estate. All she owned at the time of her death was her car, her house and a few investments which were all sold at a loss. Am I required to file an estate income tax return? ANSWER: Dear Reader...

Claiming Dependents

by Tiffany Mellow | Jan 15, 2017 | Personal Tax Deductions, Personal Taxes, Your Questions Answered - Personal Accounting

QUESTION: Dear Taxman – My Daughter graduated from college in May of this year. She started working in September and expects to make about eleven thousand dollars this year. Can we still claim her as a dependent for this year? ANSWER: Dear Reader: To claim her...
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