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

I inherited a house from my deceased father that is now in my name, but the mortgage is still in .... ... read on

Section 163 allows deduction for interest paid or accrued. Can I deduct mortgage interest accrued this year but not paid .... ... read on

If I cash out an insurance policy, will I have a tax liability? ... read on

Can my wife and I both open a roth ira and contribute $6,000 each since we're both older than 50 .... ... read on

I want to withdraw funds from my 401k to pay my medical bills. How much is the early withdrawal fee .... ... read on

I'm an international Taiwanese student with an F1 Visa in Illinois. Recently I've sold 50 books on Amazon for $3,000. .... ... read on

My son is 27 and has been unemployed for 2 years. He has moved home and I have financially supported .... ... read on

I live in Palm Desert California. Twice a month I fly to Calgary, Canada for work at my job for .... ... read on

I am purchasing a 1700 square foot townhouse for $100,000. I am considering renting out a room. The room is .... ... read on

I borrowed money from my 401K to pay cash for a house in 2011. I pay the money back into .... ... read on