In the US tax code (specific to the AMT), is mortgage interest to a private party treated differently than mortgage interest to a bank? [more inside]
I am about to send some used personal effects to the US from Europe. I'm sending four boxes of used books and clothes. Each box weighs about 20kg. What should I put on the customs label? In particular, how do I estimate the value of used personal effects? Is it zero? I don't care about insurance/replacement value, I just want to minimize/avoid customs charges. If it matters, I'm in Germany, and will be sending by DHL. I'm a European citizen who will be moving to the US for three years with a J-1 (academic) visa. [more inside]
Do the confirmation e-mails for e-filing federal tax returns with Free File Fillable Forms contain sensitive information? [more inside]
I'm seeking recommendations for tax consultants in the UK, or in the US, or maybe both, to figure out where I need to pay taxes. [more inside]
As a US citizen, living and working abroad for many years, I recently heard of a new law that I must file tax returns on the US by Aug 31, 2011 or face a penalty. Anyone know about this? If US citizens live and pay taxes abroad, they generally are exempt up to $91,500.
My wife's from the USA and she got this on a mailing list she reads. I know nothing about US tax law or benefits. Is it a scam, or is Uncle Sam just waiting to shovel buckets o'cash into my pockets? [more inside]
SweepstakesFilter: My wife (a Canadian like myself) recently won a large number of travel rewards points from an American chain of hotels. Help us determine if the prize is worth keeping considering what we'll have to pay in taxes to the IRS. [more inside]
I am not a citizen or resident of the US, but I've been offered the opportunity to do some freelance work for a US-based company. The work will be done entirely in my country, without ever visiting the US, but as far as I can tell they will be paying me directly from their home office in the US (not via a subsidiary in my country). Under these circumstances, would the IRS be expecting some sort of filing from me relating to this when the next US tax deadline comes around?
I am helping my partner migrate to the U.S. after our marriage. We're nearing the point where we do an Affidavit of Support during our embassy interview abroad, which says I need to bring tax returns. I have not filed income taxes for the last three years, because I have been a full-time student in this country. What should I do? [more inside]
With all the bickering over taxes in the election campaign, I'm trying to get a broader picture of US income tax history, theories behind past policies, and analysis of how they worked (in idiot friendly language). [more inside]
FinancialOpinionFilter: I qualify for the new Federal Housing Tax Credit
! Yay! But since I have to pay it back it hardly seem useful. Plus there's extra hassle with taxes for the next 15 years. Should I bother claiming it?
Can Canadians give tax-deductible donations to American non-profit organizations? [more inside]
My friend is a USA citizen permanently residing in Australia. What are the taxation consequences of choosing to invest a windfall in the USA rather than Australia? [more inside]
Estate Tax Filter
I've been trying to figure out how much someone can inherit before having to pay a whole mess of taxes on the money. I've been trying to use the IRS Estate and Gift Tax
page but am just as confused as before. Can anyone help me out?