Q&A
Asked by Erin
Erin,
The general answer is NO.
Are
there exceptions to this rule? Yes. But
having a MEC (or Modified Endowment Contract)
is NOT one of them. Both of the Agen...
Q&A
Asked by Erin
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
Mortgage Professional in Moreno Valley, CA
If the income does not require you to claim on
taxes, such as VA disability, then you can
still use that towards qualifying. However,
if this is "under the table" mon...
Q&A
Asked by Ashley Soto
Answered by Ebrahim Rad
LUTCF , CLTC , MDRT in Woodland Hills, CA
LUTCF , CLTC , MDRT in Woodland Hills, CA
You need to talk with your tax advisor or who
ever prepare your tax.
Q&A
Asked by an anonymous user
Answered by Taylor Kovar
Wealth Manager in Lufkin, TX
Wealth Manager in Lufkin, TX
1a: You can purchase tax lien properties from
your city/county/parish/etc
1b: Call the tax
office and find out how and when they sell
them. Most locations now have th...
Q&A
Asked by bgerber_03
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Determining who can claim children as
dependents on their taxes can be complicated
in the cases of divorce or other custody
arrangements. Here's some information about...
Q&A
Asked by vickicastro75
Answered by David Meyers
Financial Adviser in Palo Alto, CA
Financial Adviser in Palo Alto, CA
The IRS will not directly take your state
refund - your state won't send the money to
the IRS. The state will send you a check (or
make a direct deposit). The IRS wi...
Q&A
Asked by j819Martinez
Answered by Sonia Renea
Financial Adviser in Fort Worth, TX
Financial Adviser in Fort Worth, TX
Are you a 1099 employee or W2?
Q&A
Asked by niklecce123
Answered by Katrina Lessard
Financial Adviser in Scottsdale, AZ
Financial Adviser in Scottsdale, AZ
Special rules commonly referred to as the
"kiddie tax" rules apply when a child has
unearned income (for example, investment
income). Children subject to the kiddie ta...
Q&A
Asked by bmm123
Answered by Alberto Foster
Insurance Representative in Bethesda, MD
Insurance Representative in Bethesda, MD
No they are not so long as you don't exceed
premiums paid into the policy.
Ask a pro a question
Have your question answered by a professional