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She met with a tax pro who estimated she owes $50K+. Does that amount mean she won't be able to arrange a payment plan?
Once COVID hit and the lockdowns began, business dropped off to nearly zero. She's currently staying with me as she can no longer afford to rent an apt.
Her biggest...
Arizona
My sister has been self-employed for several years and failed to file tax returns since 2017, even though she netted enough income each year to be required to file.
Now she would like to file for 2020, but is afraid the IRS is just waiting for her to file so they can track her down...
Don't be so sure the developer didn't plant those trees.
My home in a new development will be ready in 2 weeks, and landscaping in the front has already been done by the developer, including three very nice trees.
You aren't legally obligated to give her any of your refund, or pay her student loans for her, or pay her credit card bills. I have never known unmarried couples living together with a common child to split refunds. However, you will need to decide what you think is best to do.
I'm thinking this is a "loan" from a friend or relative who expects to inherit some money at some point in the future, not an advance on money the OP expects to inherit. And the decedent-to-be is free to change his/her mind at any time.
Did you sign a loan contract? What are the terms? What is your interest rate? What are the consequences if you don't repay the loan?
They are thinking of money you borrowed from a lending institution, not borrowed from a friend or relative.
I'm not so sure they don't travel...there was a cinema in a northern CA town that somehow got infested with bedbugs. Of course, they denied it until the local paper reported on the pest service that treated the theater, and they had to be closed for a day or so. They won't get in the food...
It's part of every student's budget, even if you are providing your own room and board and even if you are providing your own transportation. Ask the aid office for an explanation.
From personal experience in CA - my 23 year old niece was unable to gain custody of her younger brother and sister when the parental rights of BOTH parents had been terminated. Reason: the judge said it was too great a burden to place on her. I wish you and your sister well.
Dude, you're going to have to do ALL the transportation if you move. And having tried to get from Sac to Vallejo on the weekend, I DO understanding you could be looking at 2+ hours each way. You didn't specify if she would get 33 hours more or 33 hours less with your proposal, but I would...
What is the name of your state? AZ
Does the IRS ever accept offers to reduce past due taxes like you see advertised by people claiming to arrange such offers?
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