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Hi all! I have a client who is claiming a parent as a dependent, and the parent meets all criteria to be eligible for the ODC. The new "and in the US" box remai...
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Agreed, it warrants more inquiry but I have a sinking feeling this wasn't handled properly by the attorney/legal service used.
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I looked into this further, it seems based on the language in the divorce decree the distribution amount to the ex is a settlement/generic property division and...
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Hi all,I have a client who took out a large sum from a 401(k) as part of a divorce decree. The divorce was finalized by the end of 2025. The 1099-R is only in m...
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I appreciate the confirmation, thank you!
