Member Since September 2, 2008 , From Binghamton, United States

Recent Activity by Tax Fairy

Answered: How to transfer ssi and ssd benefits from ohio to ...

You submit a change of address to the social security adminstration. The benefits are federal, not state.

Answered: Brother dies has not made a house payment in 3 ...

How has this house not been foreclosed on? Even if your brother left you the house, whoever holds the mortgage actually owns it, and his estate is responsible for paying any of his debts before any ...

Answered: How is unemployment benefits calculated? I ...

It is based on the 52 weeks prior to your filing. The length of time you receive benefits depends on how many weeks you worked and whether it was full or part time. Check on your state's labor dept ...

Answered: How to determine whether an IRA rollover to ...

The money in a rollover IRA retains the same character as it had in the original IRA. If it was tax deductible money that was put in the IRA, it's considered qualified. If there was no tax deduction ...

Answered: What do most companies get back in Taxes after the ...

Since only C corporations are taxed, they're they only ones that could possibly get a refund. Since they're also subject to estimated taxes they would generally be paying what they think they'll owe ...

Answered: Wages

Your net will be lower too since you're contributing more to the plan.

Answered: Divorce Settlements

Yes you can, but the plans are usually split under a QDRO. Some custodians will not allow the money to actually change hands until the original owner reaches retirement. Whenever the recipient gets ...

Answered: IRA Form 5498 missing from 2010 home basic

There is not an IRS form 5498. It is an information form the custodian of your IRA sends to you that indicates the value of your IRA. The numbers from the form are occasionally used when figuring ...

Answered: If your child was in foster care and you paid ...

Maybe, depending on your income. You cannot use the child for EIC purposes since the child must have lived with you for half the year or more. If your income is low enough, you could qualify based ...

Answered: Find out who filed a lein against you?

Liens are filed with the county clerk's office. You may have to go in person to get a copy of the lien.

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