What is the name of your state?What is the name of your state?What is the name of your state? Missouri
My mother recently passed away (2006). She was eligible for social security widows benefits, but they were never paid to her. I was told to file an underpayment for my brother and I to receive this money that was owed to her.
She had a life insurance policy that she was gradually taking money out of for many years. The policy was finally closed in 2005, so she will owe the taxes on all the money she withdrew on the life insurance policy in the 2005 tax year.
I have a couple of questions reguarding this.
1- Am I responsible for filing her 2005 taxes?
2- Can the IRS take the social security money owed to her that is now coming to me and my brother to pay what she owes in taxes? (she did not own a house or car, she did not have any bank accounts, and no one in the family received any kind of inheritance or money after her death).
Any assistance and advice would be appreciated.
My mother recently passed away (2006). She was eligible for social security widows benefits, but they were never paid to her. I was told to file an underpayment for my brother and I to receive this money that was owed to her.
She had a life insurance policy that she was gradually taking money out of for many years. The policy was finally closed in 2005, so she will owe the taxes on all the money she withdrew on the life insurance policy in the 2005 tax year.
I have a couple of questions reguarding this.
1- Am I responsible for filing her 2005 taxes?
2- Can the IRS take the social security money owed to her that is now coming to me and my brother to pay what she owes in taxes? (she did not own a house or car, she did not have any bank accounts, and no one in the family received any kind of inheritance or money after her death).
Any assistance and advice would be appreciated.