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Gifts & Estate

  1. My father purchased a home for my bride and me and kept title to it in order to protect his down payment. We pay all of the expenses, including the mortgage and real estate taxes. Can we deduct the mortgage interest and real estate taxes?Free
  2. I was supposed to receive a considerable inheritance from my friend who died, but there was a problem with his will. After suing, I received a settlement from his estate. Is this taxable?Free
  3. I received a $15,000 inheritance from my mother's estate. Am I taxed on this?Free
  4. My husband and I gave our son-in-law a car worth $24,000. Can we deduct this gift?Free
  5. Is there a legitimate procedure to gift adult children money?Free
  6. What is the current annual amount of gift that is exempt from reporting?Free
  7. I want to make a gift of $15,000. What must I report to the IRS and how?Free
  8. If I give my son stock as a gift today, will his basis be my basis?Free
  9. Do I have to report an inheritance from my aunt?Free