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Tracy L. Coenen's Profile › Answers

Tracy L. Coenen

137 answers

24 helpful answers

Tracy L. Coenen is WalletPop's Tax Expert and Fraud Expert

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About Tracy L. Coenen

Tracy Coenen

Ask Tracy L. Coenen a public question about federal income taxes

Member Since June 29, 2008
Female, chicago IL, United States

Answers

A state pension from state A is paid to the ...

Typically you will claim the income in the state in which you live.

Submitted by Tracy L. Coenen 11 months ago

0 comments

I have health ins. I paid 1000 in deduction and ...

If you itemize your deductions on Schedule A, you can deduct these medical expenses there. However, you will only get an actual deduction for the amount of medical expenes that exceeds 7.5% of your ...

Submitted by Tracy L. Coenen 11 months ago

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Grandchildren as dependents

It really depends on the circumstances, mainly whether your mother financially supports the children. The details on claiming dependents are found here: http://www.irs.gov/publications/p501/ar02.html ...

Submitted by Tracy L. Coenen 1 year ago

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My money

Many states have a process in place to take your refund and apply it to child support owed. So yes, it's possible that if you're due a refund, it could get taken and applied to child support. I'd ...

Submitted by Tracy L. Coenen 1 year ago

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IRA Beneficiary Tax Return. College Student recieving a Pell Grant

You should use Form 1040. You can get information on reporting the IRA income here: http://www.irs.gov/publications/p590/ch01.html#d0e6459 And information related to the college tuition here: http ...

Submitted by Tracy L. Coenen 1 year ago

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My mother is 56, completely disabled, her only ...

I do not believe she qualifies as your dependent, since her income is too high. You can see the rules here: http://www.irs.gov/publications/p501/ar02.html#en_US_publink100041887

Submitted by Tracy L. Coenen 1 year ago

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Where on my schedula A form do I put my deduction ...

There is no deduction for buying foreclosed property, as far as I'm aware. The only deduction on Schedule A would be for your property taxes and mortgage interest, if you have made the property your ...

Submitted by Tracy L. Coenen 1 year ago

0 comments