5 legal questions have been posted about taxation by real users in Pennsylvania. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include estate and gift taxation, income tax, and tax audits. All topics and other states can be accessed in the dropdowns below.
Pennsylvania Tax Questions & Legal Answers
Do you have any Pennsylvania Tax questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 5 previously answered Pennsylvania Tax questions.
Answered 3 years and 2 months ago by Leihernst Lamarre (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
Filing married filing joint this year would not set off any red flags with the IRS as you can switch between the statuses year over year. Your biggest potential issue is that a married filing joint return would hold you equally responsible for your ex-husband's potential tax liability for that year. I would suggest against it. Additionally, I would suggest your spouse seek counsel to handle the IRS issues. ... Read More
Filing married filing joint this year would not set off any red flags with the IRS as you can switch between the statuses year over year. Your... Read More
Answered 5 years and 4 months ago by Paul Vargas (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
Hi Joanna. Sorry to hear about your situation.
If the money is not your income, you should just file your return with your proper income, which at this point from you wrote is zero. It is on your sister to file taxes with her online business income. If the IRS comes to audit you, then you have some evidence that this income was not yours.
I hope this helps. Take Care.... Read More
Hi Joanna. Sorry to hear about your situation.
If the money is not your income, you should just file your return with your proper income,... Read More
Answered 5 years and 8 months ago by Paul Vargas (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
Hi. The time for collection will run out on itself; so they will stop collecting even on an installment agreement. It may take some time to process in their system, especially right now because of COVID. If you do not make a payment in July, you will be considered in default. However, they usually send an Intent to Terminate Installment Agreement letter, which will become moot when the time to collect runs out.
Even though I also counsel individuals to make their required installment payments, you could save money by not making the July payment.
If you keep getting notices about your debt even after collection ends, I would contact the IRS to see if maybe the collection statute was tolled for some prior dealings.
I hope this helps.
DISCLAIMER: THIS IS NOT MEANT FOR LEGAL ADVICE.... Read More
Hi. The time for collection will run out on itself; so they will stop collecting even on an installment agreement. It may take some time to process... Read More
Answered 12 years and 11 months ago by Robert Barnhill III (Unclaimed Profile) |
1 Answer
| Legal Topics: Tax
Gary - unless the agreement provides differently, losses are allocated in the same way profits are allocated. Understand however, your ability to personally deduct the loss might be limited by 3 limitations imposed by the tax code. Losses cannot be deducted in excess of 1) your basis, 2) your at-risk basis or 3) application of the passive activity rules. Attempting to explain these 3 limitations is beyond the scope of this format.... Read More
Gary - unless the agreement provides differently, losses are allocated in the same way profits are allocated. Understand however, your ability... Read More