29Mar/104
My dad passed away 2 days ago, he didn’t leave a will. What happens next?
LadySSKris asked:
There is no wife, and no common law girlfriend. There are only 2 children. And no others that can claim any type of ownership to anything he owned. Also he owes nothing to banks, loans, IRS, or anything. He's debt free. Will we loose his land, houses, vehicles and possessions? What will happen next? I haven't talked with a lawyer because of the holiday but I need a little peace of mind. Thanks in advance.
Allan
There is no wife, and no common law girlfriend. There are only 2 children. And no others that can claim any type of ownership to anything he owned. Also he owes nothing to banks, loans, IRS, or anything. He's debt free. Will we loose his land, houses, vehicles and possessions? What will happen next? I haven't talked with a lawyer because of the holiday but I need a little peace of mind. Thanks in advance.
Allan
27Feb/102
I had a home that was abandoned and foreclosed in Indiana Last year. What is my tax situation?
hideho&awaywego asked:
I left Indiana with an exhusband who wanted to keep the house and did, but never made a payment. Then he skipped town. The house foreclosed and I received a statement stating the value and the debt, but nothing else. I don't know where I stand on filing with the IRS. Help!
Ron
I left Indiana with an exhusband who wanted to keep the house and did, but never made a payment. Then he skipped town. The house foreclosed and I received a statement stating the value and the debt, but nothing else. I don't know where I stand on filing with the IRS. Help!
Ron
27Jan/104
I have an IRS state tax lien. and some other small civil judgements?
bestgoodgirl asked:
Is there an organization that can help me ? I lost my license because my line of work (self employed) requires me to drive everyday all day. I would have to keep driving to support my family and pay my debts. But I am held back due to loss of license ................... Is there any help for people in my situation?
Arthur
Is there an organization that can help me ? I lost my license because my line of work (self employed) requires me to drive everyday all day. I would have to keep driving to support my family and pay my debts. But I am held back due to loss of license ................... Is there any help for people in my situation?
Arthur
27Dec/094
Can I sell a property that has a Income tax lien on it?
kind asked:
I know that whatever profit there is on the sale would first go to the IRS toward the tax lien, but I am not sure how the tax lien will affect the sale. By the way, after selling the property the tax lien will not be totally paid off. All of the money from the sale will go toward the lien and it won't be enough to pay the entire debt. Does that effect the sale?Will it take longer to close the deal? does the IRS have to sign off on it? How does it affect the marketing of the property and does it affect the buyer in any way?
Vincent
I know that whatever profit there is on the sale would first go to the IRS toward the tax lien, but I am not sure how the tax lien will affect the sale. By the way, after selling the property the tax lien will not be totally paid off. All of the money from the sale will go toward the lien and it won't be enough to pay the entire debt. Does that effect the sale?Will it take longer to close the deal? does the IRS have to sign off on it? How does it affect the marketing of the property and does it affect the buyer in any way?
Vincent
21Dec/097
marriage and the irs?
brenda d asked:
i`ve been engaged to be married for two yrs ,i`m afraid to marry him because i have an irs audit that has gone on for ten yrs. i don`t know if keeping my last name or hyphenating my name would allow that debt to still be my debt?i`m also wondering if we did marry ,would irs garnish his wages also,we just bought a new home ,i don`t won`t to lose what took us so long to gain.....nervous in maine
Betty
i`ve been engaged to be married for two yrs ,i`m afraid to marry him because i have an irs audit that has gone on for ten yrs. i don`t know if keeping my last name or hyphenating my name would allow that debt to still be my debt?i`m also wondering if we did marry ,would irs garnish his wages also,we just bought a new home ,i don`t won`t to lose what took us so long to gain.....nervous in maine
Betty
11Nov/099
How do pilots afford the cost of their training?
Masshole asked:
I have a private pilot's license and 150 hours, and that alone cost me more than $15,000 of my own money. I'd need a minimum of 1,000 hours (half of which would have to be multi-engine, which is even more expensive) to springboard me into any type of airline career. Do the math and you can see that I'd be up to my ears in debt.
I have a private pilot's license and 150 hours, and that alone cost me more than $15,000 of my own money. I'd need a minimum of 1,000 hours (half of which would have to be multi-engine, which is even more expensive) to springboard me into any type of airline career. Do the math and you can see that I'd be up to my ears in debt.
And those are just the minimums. Sheesh.
Would my bank give me a loan for this type of expense? I doubt it, because the IRS doesn't even allow flight school as a deductible expense, and unlike most college majors, there are no scholarships for this type of career.
This question assumes civilian training. After all, not all of us are lucky enough to have flawless 20/10 vision and stellar physical stamina required to be able to fly in the military.
Emma
11Oct/092
offset indicator, but no debt?
you can take it or leave it.... asked:
Last year my taxes were offset because of my student loans....this has since been cleared up. The offset program hotline says I still have a debt and my taxes may be offset, when I call Dept of Ed. they say that I have no debt and that it was sent to IRS on 12/13 to remove offset indicator. No one on either end says there is anything they can do. IRS says that they have to double check before they offset, an dept of Ed says they'll just take it, attempt to send it to Dept of Ed, then eventually return it to me.
Last year my taxes were offset because of my student loans....this has since been cleared up. The offset program hotline says I still have a debt and my taxes may be offset, when I call Dept of Ed. they say that I have no debt and that it was sent to IRS on 12/13 to remove offset indicator. No one on either end says there is anything they can do. IRS says that they have to double check before they offset, an dept of Ed says they'll just take it, attempt to send it to Dept of Ed, then eventually return it to me.
I found all of this after I filed yesterday......any suggestions who I should try? Or if this has happened to you?
TY
Rodney
13Sep/092
What bering does a 1099 have on a loan?
Annie asked:
I have a loan with a former employer that I currently cannot pay back and the company sent me a 1099 (7) Nonemployee Compensation for the amount of the loan. Can one still be sued? According to the IRS this is considered as an uncollectible debt and the debt is forgiven." Does this have any weight with the suit?
Clyde
I have a loan with a former employer that I currently cannot pay back and the company sent me a 1099 (7) Nonemployee Compensation for the amount of the loan. Can one still be sued? According to the IRS this is considered as an uncollectible debt and the debt is forgiven." Does this have any weight with the suit?
Clyde
9Jul/092
What is the best way to file separate if married?
dwaindaddy asked:
I currently owe the IRS a substancial amount of back Taxes. I am trying to file separate from my wife so she won't be liable for my past debt. We just bought a new home in June. How do I file without her losing her refund this year for my back taxes??
Lynn
I currently owe the IRS a substancial amount of back Taxes. I am trying to file separate from my wife so she won't be liable for my past debt. We just bought a new home in June. How do I file without her losing her refund this year for my back taxes??
Lynn
20Jun/096
Help my wife was scammed by a debt collector?
Emily asked:
On Wednesday my wife got a call from a guy claiming he was from the IRS stating his name was Al Hobs. He stated that we misstated a 1099 form and therefore you owe us 5,687 in back taxes. I do contract work and we have mis-stated one before and it was not fun with penaltiess and interests. This Al Hobs was veryforce fulll andthreadingg saying he will butlienss on property and garnish wages he also noted it will cost us double what we owe. She told him that she should talk to me about it, he said its too late we have been trying to talk to him, He did offer he a payment of 4,000 and would consider this closed. She gave him her credit card to settle this. I got home and she told me about this I was confused and called the our tax guy. One the tax guy said it would take up to a week for me to review you document. Two the tax guy said they would send writtencorrespondencee to you on this, also the IRS never acts like Al Hobs and demands money right here and now. Tax guy advised that I should check my wifes credit card to see if was the IRS or a scam. Sure enought I checked my wifes cc transaction there was a payment of 4,000 to portfolio recovery associates. Well they have been contacting me on a debt way past the statue of limitations. Debt was charged off in 1999 as a Discover card for 1,987 and they inflated it to almost 6k. I called them up and talked to a supervisor very shady and he said that my wife agreed to make a settlement and we did not pretend to be the IRS. He did also state I will get a letter showing a it is settled and closed and he also laughed and said yes you will get a 1099-c form on they debt we forgave to you. so will IRS by the way. I told them I am going to fight this he said who will they belive a dead beat like you or us. I think us good luck. What can i do, can we dispute the charge ect. I am really p'd off.
I see all kinds of nasty on this company Portfolio Recovery Associates how can they talk to my wife anyhow as this debt was before we were married.
Tony
On Wednesday my wife got a call from a guy claiming he was from the IRS stating his name was Al Hobs. He stated that we misstated a 1099 form and therefore you owe us 5,687 in back taxes. I do contract work and we have mis-stated one before and it was not fun with penaltiess and interests. This Al Hobs was veryforce fulll andthreadingg saying he will butlienss on property and garnish wages he also noted it will cost us double what we owe. She told him that she should talk to me about it, he said its too late we have been trying to talk to him, He did offer he a payment of 4,000 and would consider this closed. She gave him her credit card to settle this. I got home and she told me about this I was confused and called the our tax guy. One the tax guy said it would take up to a week for me to review you document. Two the tax guy said they would send writtencorrespondencee to you on this, also the IRS never acts like Al Hobs and demands money right here and now. Tax guy advised that I should check my wifes credit card to see if was the IRS or a scam. Sure enought I checked my wifes cc transaction there was a payment of 4,000 to portfolio recovery associates. Well they have been contacting me on a debt way past the statue of limitations. Debt was charged off in 1999 as a Discover card for 1,987 and they inflated it to almost 6k. I called them up and talked to a supervisor very shady and he said that my wife agreed to make a settlement and we did not pretend to be the IRS. He did also state I will get a letter showing a it is settled and closed and he also laughed and said yes you will get a 1099-c form on they debt we forgave to you. so will IRS by the way. I told them I am going to fight this he said who will they belive a dead beat like you or us. I think us good luck. What can i do, can we dispute the charge ect. I am really p'd off.
I see all kinds of nasty on this company Portfolio Recovery Associates how can they talk to my wife anyhow as this debt was before we were married.
Tony
