13 Dec My wife is a retired teacher. How is her pension taxed?
How much was contributed to the pension comes into play. ...
09 Dec What happens to quick stock trades and tax liabilities?
You can't sell a stock and quickly buy again without a tax consequence. ...
08 Dec I inherited a $20K IRA. When do I have to take distributions?
The rules for inherited IRAs have become more complicated....
06 Dec My income is $125K. Do I qualify for the ANCHOR property tax break?
The ANCHOR program replaces the Homestead Rebate and includes more residents....
02 Dec If we sell property in Dominican Republic, do we owe U.S. tax?
You can take steps so you're not double taxed on a sale....
01 Dec Mom lives with me. Should I file taxes as head of household?
If you qualify, filing as head of household can save on taxes....
01 Dec I own my home with my sister. Can we both get ANCHOR tax breaks?
The new ANCHOR property tax break offers savings to more people. ...
28 Nov I’m a teacher. Will Social Security be taxed when I retire?
Your overall income will determine how Social Security is taxed....
25 Nov Can Medicaid recover money from this home sale?
Under certain circumstances. Medicaid must recover funds from beneficiaries....
24 Nov We’re selling our home and leaving N.J. What about taxes?
If you leave the state, New Jersey will treat you like a nonresident. ...