Social Security Questions
Tax on Social Security benefits?
I am a 78 year old woman, fully employed, receiving widow's pension from social security. Are my social security benefits...
Tax writeoff for health insurance?
Can I write off the cost of private health insurance on my tax return? Terry Says: There is no simple...
Have a $80k stock loss carryover
I am 85 and have had this carryover for several years.( was higher some years ago) but currently can only...
capital gains on sale of property
Hi Terry I read your column just about every week and my question to you is about capital gains. My...
tax brackets on capital gains
you mentioned in a brief article dated oct 2015 that the tax rates that one pays on capital gains are...
Dependent
Hi Terry, My question is my mother is 96 years of age and lives with my husband and I. We...
Schedule D (Form 1040), Line 21 ( regarding the amt. of capital loss deductible from other income)
In response to another inquirer's question, you recently asserted that a married couple who co-own their investments and file a...
Property Tax Lawyers for homeowner in Cook County.
Missed the deadline to appeal for my assessment tax appeal but have been receiving all kinds of mail from lawyers...
Capital gains taxes
Your article in the Denver Post 10/11/15 says in noting 4. "This loss is limited to$3,000 per year per person"....
Oil Prices
What is the reason a barrel of oil has hovered around $50 for the last year? In the past, OPEC,...
Tax refund
my cpa sent my tax return in feb. and I received a letter saying they are reviewing the return..Every time...
why not tax all wages for social security
My wife and I are both currently on social security and will not be probably affected by changes in SS...
True inflation
Why do so many expert financial reporters continue to quote the Federal governments version of inflation as under 2% when...
gift tax
My 93 year old father passed away in January of 2014. He was the primary and I the secondary on...
Reporting Interest earned on matured Savings Bonds on final maturity – and its tax implications
"When my Savings Bonds reach final maturity I understand from your recent column that I will have to report the...
Taxes and a Single Person
I am 60 years old, single, and making around $95,000 a year. I have a 401 and put the maximum...
Federal and CA state taxes
My mother in law is 82. She receives SS and a not to large pension from several jobs. Is she...
Unemployment Numbers lie!
After 30 years of service to my employer, my position was eliminated. As I continue to seek employment and nearing...
Chicago Pension Reform
Dear Terry, as you may know Gov. Quinn has until 6/9 to sign pension reform for part of Chicago's employees...
Property tax exemptions in Cook County
Terry, I live in Cook County Illinois. At what age does the Homeowners exemption for your primary residence take affect?...
