Is the $255 Social Security death benefit taxable?
Is the $255 Social Security death benefit taxable?The special $255 lump-sum death benefit isn't taxable and shouldn't be reported on...
LIFE
Is life insurance 1099-R taxable?
Is life insurance 1099-R taxable?With that 1099-R form, you may be wondering: are the cash value proceeds from a surrendered...
Is IRS debt forgiven at death?
Is IRS debt forgiven at death?Debts are not automatically forgiven after death; instead, the Estate will be responsible for paying...
How do I get my IRS debt forgiven?
How do I get my IRS debt forgiven?More In Pay An offer in compromise allows you to settle your tax...
What happens to an IRS lien when someone dies?
What happens to an IRS lien when someone dies?Internal Revenue Code section 6324 provides that on the day someone dies...
Are funeral flowers a business expense?
Are funeral flowers a business expense?The costs of funeral expenses, including embalming, cremation, casket, hearse, limousines, and floral costs, are...
Can you claim for funeral expenses?
Can you claim for funeral expenses?You must apply within 6 months of the funeral, even if you're waiting for a...
How many years can you claim widow on your taxes?
How many years can you claim widow on your taxes?two years You can file taxes as a qualified widow(er) for...
Do you need to send a death certificate to the IRS?
Do you need to send a death certificate to the IRS?Send the IRS a copy of the death certificate, this...
Can IRS collect on life insurance from beneficiary?
Can IRS collect on life insurance from beneficiary?When Proceeds May Be Seized If the insured failed to name a beneficiary...
