Tag Archives: Mom

A Child’s-Eye View of Mothers

  Answers given by 2nd grade school children to the following questions:  Why did God make mothers? 1.  She’s the only one who knows where the scotch tape is. 2.  Mostly to clean the house.. 3.  To help us out of there when we were getting born.

Personal Residence Exclusion

Today TaxMama hears from Nony in California who wants to know. “My parents recently moved to a retirement community and were preparing their house for sale. Mom just died – the house was not yet on the market. Does Dad still get the $500K capital gains exemption or only $250K since Mom died before the […]

Mothers and Moms

This is for the mothers who have sat up all night with sick toddlers in their arms, wiping up barf laced with Oscar Mayer wieners and cherry Kool-Aid saying, ‘Its okay honey, Mommy’s here.’ Mothers who sat in rocking chairs for hours on end soothing crying babies who could not be comforted. This is for […]

Mom Care

Today TaxMama hears from Jo in West Virginia who tells us. “I took care of my mother after she was involved in a car wreck. Her auto insurance paid me for this. They have sent me a 1099-MISC form. Do I have to file this with my income tax return?”

New Writer Mom

Today TaxMama hears from Writer Mom at SavvyMommy.com, who says “Last year I published two articles for a magazine and have been trying to build a career as a freelance writer. My earnings totaled $970 from freelance writing last year. Should I file? Do I write off the home office already set up because my […]