Cathy Marshall
My friend never filed my taxes for 10 years. What do I do?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I recently found out that back in January of 2020 that my friend, who was supposed...
Cathy Marshall
I have to sell my N.J. vacation home. What taxes are owed?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I have been a resident of Florida for the past 20 years. I am 81 years old. In...
Cathy Marshall
What happens to taxes after I’m added to a bank account?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I consigned on an apartment for a friend. She then added me to her bank account in...
Cathy Marshall
How much can I save in my small biz retirement plan?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I am a sole proprietor and want to add to my SEP-IRA. Can I take after-tax funds...
Cathy Marshall
How does the exit tax work if you are getting divorced?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. How does the exit tax work if you are getting divorced? I will temporarily be...
Cathy Marshall
Will having homes in N.J. and Florida be a smart move?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I’m a New Jersey homeowner considering selling the house and moving into an...
Cathy Marshall
How are withheld taxes credited for COVID retirement withdrawals?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. A person took $100,000 from his 401(k) plan due to his wife’s COVID problems and...
Cathy Marshall
Can I take losses on my stocks and use the standard deduction?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. If you elect to take the standard deduction for the 2020 tax year, can you still...
Cathy Marshall
What happens to tax credits now that our home is in a trust?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. My wife and I are in our mid-80s. We live on a modest pension and social security...
Cathy Marshall
Our primary home became a rental. What taxes will we owe when we sell?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. We moved to California in 2012 and rented out our New Jersey home so we don’t...
