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• 1. N

     Gift?

     Thank you for your reply. I guess I'll have to reconsider my plan and have a talk with the wife.

     • NinjaBadger
     • Post #13
     • Jan 3, 2022
     • Forum: Tax Law
  2. N

     Gift?

     Wow, you're sharp! My wife is not my daughter's birth mother, she disagrees with my plan and her reason is that my daughter already have a bachelor degree she should be able to support herself. She's my daughter and I want her to spend all energy in school. One way or another, I'll support my...

     • NinjaBadger
     • Post #8
     • Dec 29, 2021
     • Forum: Tax Law
  3. N

     Gift?

     Thank you! I'm assuming less than 10K annually.

     • NinjaBadger
     • Post #5
     • Dec 29, 2021
     • Forum: Tax Law
  4. N

     Gift?

     She's planning to go back to college to get her master degree. The fund is for her to pay for school, gas, food and whatever else she needs. I would like her to have some money in the account may be less than 10K when she finished and I do not want my wife to touch it. Just wondering if the bank...

     • NinjaBadger
     • Post #3
     • Dec 29, 2021
     • Forum: Tax Law
  5. N

     Gift?

     I'm planning to open a joint savings account with my daughter as primary account holder and I will be the sole contributor. I would withdraw my name from the account after a couple of years. Is it considered as a gift?

     • NinjaBadger
     • Thread
     • Dec 29, 2021
     • Replies: 13
     • Forum: Tax Law
  6. N

     Can I claim my 12 years old step son as dependent on my income tax return?

     Understood and thank you for your advice, I'll read up publication 17 for 2021.

     • NinjaBadger
     • Post #15
     • Aug 20, 2021
     • Forum: Tax Law
  7. N

     Can I claim my 12 years old step son as dependent on my income tax return?

     Thank you!

     • NinjaBadger
     • Post #11
     • Aug 19, 2021
     • Forum: Tax Law
  8. N

     Can I claim my 12 years old step son as dependent on my income tax return?

     I brought them here from other country. There's no custody or support order but his father consent his departure

     • NinjaBadger
     • Post #10
     • Aug 19, 2021
     • Forum: Tax Law
  9. N

     Can I claim my 12 years old step son as dependent on my income tax return?

     That's correct. Wife and step son are from far East, his father has signed xxx (don't know what it is called) that allow my wife to take him to the US

     • NinjaBadger
     • Post #8
     • Aug 19, 2021
     • Forum: Tax Law
  10. N

      Can I claim my 12 years old step son as dependent on my income tax return?

      That is correct. I took a tax course 30 years ago so I can do my own taxes and my sister is a CPA but she has been a house wife most of her married life. Thank you for the link!!

      • NinjaBadger
      • Post #6
      • Aug 19, 2021
      • Forum: Tax Law
  11. N

      Can I claim my 12 years old step son as dependent on my income tax return?

      If not, what should I do enable for me to claim him as dependent? We all are living in the same home for the past 6 months and my wife is currently in school. TIA (Stay safe and healthy!)

      • NinjaBadger
      • Thread
      • Aug 19, 2021
      • Replies: 17
      • Forum: Tax Law
  12. N

      Buyout

      Thank you!

      • NinjaBadger
      • Post #20
      • Jun 17, 2021
      • Forum: Divorce, Separation & Annulment
  13. N

      Buyout

      I have a forum question. How do I go back to forum after 'Home' tab is depressed? TIA

      • NinjaBadger
      • Post #18
      • Jun 17, 2021
      • Forum: Divorce, Separation & Annulment
  14. N

      Buyout

      That's even more impressive. True-dat, my younger sister is a CPA and she always hires someone to do her taxes. Myself, I have taken H& Block tax course (I know :)) many years ago so I can do own taxes and mine is very simple. With your information and when I have the time then I would need to...

      • NinjaBadger
      • Post #17
      • Jun 17, 2021
      • Forum: Divorce, Separation & Annulment
  15. N

      Buyout

      Duly noted. We both are naturalized US citizens. Probably it won't effect me much because I'm not a millionaire. I believed that is Trump's tax plan and they’re set to expire by the end of 2025. It's a good thing for tax payers and in general, Democrats don't like good things for some reasons...

      • NinjaBadger
      • Post #15
      • Jun 16, 2021
      • Forum: Divorce, Separation & Annulment
  16. N

      Buyout

      Good advise, thank you!

      • NinjaBadger
      • Post #11
      • Jun 15, 2021
      • Forum: Divorce, Separation & Annulment
  17. N

      Buyout

      She's been living in Europe in the past 4 years and just moved back to the states 4 months ago sharing the same room with her sister and holding a low paying job. I know she needs cash badly and I think that she thinks I could never came up with 50% but 25% is manageable. My ex-wife is not a...

      • NinjaBadger
      • Post #9
      • Jun 15, 2021
      • Forum: Divorce, Separation & Annulment
  18. N

      Buyout

      Yes, that's correct. The divorce is finalized 7 years ago. Based on your question, do we allow to modify a divorce settlement after it is finalized? Would new notarized settlement agreement of both parties supersede divorce agreement? (1) It's my wish that my kids and my current wife will...

      • NinjaBadger
      • Post #8
      • Jun 15, 2021
      • Forum: Divorce, Separation & Annulment
  19. N

      Buyout

      Thank you and thank you for your advise!

      • NinjaBadger
      • Post #7
      • Jun 15, 2021
      • Forum: Divorce, Separation & Annulment
  20. N

      Buyout

      Hello everyone, my first post and English is my second language so please forgive my grammars and spelling! My wife and I have 2 grown kids, we filed for divorce and finalized 7 years ago. We both own a home and agreed 50/50 when the house is sold. I'm living in the house with my new wife and...

      • NinjaBadger
      • Thread
      • Jun 14, 2021
      • Replies: 19
      • Forum: Divorce, Separation & Annulment