Recent content by reikiman

My friend is married in New York, but wants a divorce, and has a complicated set of issues, she doesn't know which to do first. She was born in another country (in Europe) and moved to the USA about 30 years ago, eventually becoming a US Citizen. She has a couple pieces of property in the...

Last year - I was told by moderators to keep each distinct question on its own thread. Hence, this question is a different question-- and it should therefore be its own thread. The other question had to do with how to get legal advice. This question is about the order of events. Different...

My friend's marriage is in New York, and is intending to file taxes in New York. I am helping a friend who is trying understand how to free herself from a marriage. Earlier, I'd asked about how she might work with tax lawyers when she's possibly done some illegal stuff...

Thank you - this is exactly what I wanted to know. I thought this might be the case, but I have zero experience in working with lawyers. Yes, my friend does know I'm asking questions on her behalf. This is part of how I'm helping her. Basically think of the kind of person who's in hiding...

What I meant by "officialdom" is - DMV for an ID card change of address.

What is the name of your state? -- NY State This isn't me, but a friend, who left her husband w/o getting divorced and has never notified officialdom of her current address. Basically, these weren't wise moves to make, and there may have been one or two other unwise actions, and she wants to...

It's kind of obvious that the question is how to handle the address in such a case. I've read the relevant instruction books and they weren't clear.

The question is about filing taxes in NY State. It concerns a person who is living apart from their spouse, and the two desire to file taxes separately. The person is not earning any income - but has some interest income, and a foreign government paid pension. We understand how to report the...

I see - Schedule B is for interest and dividends. But it has a section on foreign trusts. Thank you

I've done some reading on the IRS website about ownership of properties in other countries. The properties in question are two small apartments, and some land, and are not earning income and have not been bought or sold or traded in many years. The FATCA information talks about the necessity...

Uh.. in the other one you asked me to post a new thread. Confused.

As someone who has looked into domain name investing -- I think you could structure the reporting to the IRS either of the two ways you describe. Yes, the domains you purchase constitute a kind of inventory that you're selling. It would be little different from a business selling trading cards...

In another thread discussing filing requirements for foreign pensions (Romania) https://forum.freeadvice.com/threads/filing-taxes-in-ny.659967/#post-3712350 -- I saw a response suggesting that -- "few, if any, Romanian pensions will qualify as a qualified plan under U.S. tax law" -- to which...

Trying to clarify my understanding of filing requirements regarding a foreign bank account. I had read via one of the Taxes for Expats books you find on Amazon a strong warning to always notify (FBAR etc) the US Govt when you have a foreign bank account. There is of course an overriding need...