Wild Card

Wild Card Questions

Income tax extensions

On April 13th I sent via certified mail to the IRS & St of Illinois extension requests (because of late..

Charitable donation refund, charity dissolved; what to do. UPDATE from TAX ACT

Hi Terry, In 2024 I gave the Morton College Scholarship Foundation $5,000.00 to use for a scholarship in my dead..

Savings

can a bank charge a penalty for dormancy,while making money on our dime?

Stock Certificates

My husband passed away and left stock certificates (in a trust with his sister) to be cashed in. Who could..

Oil Prices

Hi Terry, this may be out of your realm, but, if the President keeps saying we are energy independent and..

Large cash deposit into bank

We are cleaning/emptying neighbors house. Wife passed away, husband still living in Alzheimer’s facility. Found $17,000 cash in basement in..

Fraud Protection

Hi Terry, I never miss your appearances on WGN. I received an alert from Discover Bank that my social security..

Using part of my RMD as a charitable deduction

Can it be a benefit to me tax wise to donate a portion of my RMD to charity? If so,..

Illinois Treasury unclaimed property

Hi Terry: We received a letter from the IL Dept. Of Treasury informing us of unclaimed money in our name...

Trust

Hi Terry, My father passed away last August, my grandmother, his mom, left a living trust with my aunt in..

budgeting apps

My 25 year old son is trying to develop a budget. Do you have a recommendation for an easy to..

Predatory lender home equity multiple levels of fraud

I am looking for a loan auditor and attorney to represent my case that contains repeat violations/presidence publically recordeded with..

retirement

Terry, I’m 67 years old. I’ve been at my company 27 years. I still like what I do. I worry..

Ex husband IL income tax

My ex husband and I would file our taxes jointly and 2020 filing was the last time we filed together...

Plan to put things in otder

I was listening to you with John Williams. You had a “plan” to list everything so your children would understand..

Estate planning

Hi Terry ! I wrote to you a few times. This topic is right on point for me. I am..

2025 Tax Return for seniors

I recently heard that seniors can receive $6,000 by filing a 2025 tax return. Is this true? I was told..

form

Thought I read somewhere that you created a document to leave with family that details where doc’s and other information..

Lost bonds from my mother

My mother passed away in 1989. At that time, my brother and I had six EE bonds, each worth $500...

ProtectMyID

Got an email from this organization: “identity notification: social security number found” and recommending placing a fraud alert on Experion..

money

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