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Two weeks, four days ago, while I was stopped at a stop light, an idiot rammed into my car with his Chevy Suburban, causing extensive rear-end damage to my car and propelling me into the car in front …

If my partner and I get married, we know that out Federal income tax will go up by several thousand dollars a year (the marriage tax). We have done the calculations. Are there any financial advant …

Background: The young daughter of one of my friends is excited about collecting the Monopoly Cards at the supermarket in the hopes of winning a non-trivial prize. (So far, she has won four doughnuts. …

I am asking this out of curiosity; we will not change our good behavior on tax reporting based on this answer! Several years ago, we had a thorough audit on our federal income tax return (US). The …

If a person has a pension from a job in State, local or Federal government and the job was not covered by Social Security (SS), the benefit they can get from their spouse's Social Security is reduced …

I am trying to simplify my life and my financial life, and am making good progress, partly because I am well organized and hate stuff. A few financial areas are defeating me, however. This one may b …

I have a number of cousins to whom I have left in my will, in equal shares, a minority portion of my cash and investments. The rest goes to charities. I also have some valuable jewelry and other per …

My car may have been totaled by a driver who plowed into me at a stoplight. The body shop and the insurance adjustor are still evaluating the damage. If the car is a total loss, I'll have to decide b …

Motivation for the Question: I just bought a very lightly used 2017 dealer's demo model, with, of course, only a limited factory warranty left on it. I was surprised at how insistent the dealer was …

First, an Update on the Situation: Three weeks after the accident, my insurance company decided the car was a total loss, and started proceedings to pay me for the loss. Payment might take another se …

Your mother definitely owes her brother something. Whether it is legally collectible after all this time, I can't say. Presumably she has deposited, and continues to deposit, the dividends, so the …

My question is propted by this question on the logic behind the stepped up cost basis for inherited property, but is in no way a duplicate. Suppose that the value of, say, a stock at the time of the …

A CRUT is a Charitable Remainder Unitrust, which usually has as its first beneficiary the person who set up the CRUT (the settlor), and which may (but is not obliged to) have as a second beneficiary a …

Addition: With this edit, I add a citation from a well known and highly respected source, instead of merely quoting my experience with the IRS. As the OP described his purchase, and the sale 15 days …

My bank resolved the following problem in less than two days, but I would like to understand why/how the problem happened. My husband died in mid-January, and several days later his Social Security c …