Latest threads in Taxes General Forumshow only best voted threads
| Subject | Author | Posted | Replies | |
|---|---|---|---|---|
|
|
Must a minor with small job, interest-bearing savings, and IRA contributions file?
17-year-old working part-time, making below the minimum required by the federal government to file taxes. He contributes to a Roth IRA, but not as a deduction from his paychecks. He has a savings...
15
|
12 years ago
|
15 | |
|
|
Making work pay credit
Am I correct that there is no "making work pay" credit for the 2011 tax year? I can't find reference to it in the 1040 instructions.
2
|
12 years ago
|
2 | |
|
|
Tax Sheltered Annuity
I haven't dealt with tax sheltered annuities before, and I want to make sure I'm not missing something. My understanding is that, for essentially nonprofit employers, these act somewhat like a 401K,...
7
|
12 years ago
|
7 | |
|
|
Foreign Retirement Account and IRS Form 8938
I have a retirement account located at a financial institution in Europe. I would compare it to something similar to a 401(k) in the United States. I have neither made any contributions in over thirty...
3
|
12 years ago
|
3 | |
|
|
Rental Income For U.S. Citizen
My two brothers and I own a home in Europe. (Both my brothers live in Europe. While they are not U.S. citizens, I am. We each own 1/3 of the property.) My brothers are planning to dip into their...
1
|
12 years ago
|
1 | |
|
|
How do I find the per diem allowed deduction amount for expenses against 2011 federal taxes
How do I find the allowed per diem for Morristown NJ for rental? Situation: - Two years ago I moved from NJ to CA and I started renting my small single family home in NJ at that time as a passive...
13
|
12 years ago
|
13 | |
|
|
stepped up basis and depreciation
Upon death the beneficiaries get a home valued at the stepped up basis. My question is, if part of the home was previously used a rental income property and depreciated, but was not used as a rental...
3
|
12 years ago
|
3 | |
|
|
Tax software discounts?
Where are the usual incentive deals for using various online tax softwares, such as turbo for 40% off or whatever? Now they seem to bait you in with the false hope that you can finish in their simple...
2
|
12 years ago
|
2 | |
|
|
Health Savings Account contributions - non-deductible contribution possible?
Per subsection 223(d)(1)(A)(ii), the contribution limit is the sum of the dollar amounts for the HDHP family coverage limit plus the "55 and over" catch-up, apparently REGARDLESS of plan type...
2
|
12 years ago
|
2 | |
|
|
Are dental crowns deductible?
I just had three dental implants. My dentist normally pays for the crowns and adds them to his bill for services. However he has offered (for reasons that are not germane) to let me pay the crown...
4
|
12 years ago
|
4 | |
|
|
Deduction for charitable trip to Cuba
A client visited Cuba last year (2011) on a humanitarian mission organized by a US 501(c)3 organization. She was told by a CPA friend that 80% of her out-of-pocket costs would be deductible. I've...
3
|
12 years ago
|
3 | |
|
|
Foreign Tax Credit carry forward questions...
I had foreign tax credits in 2008 and 2009 I couldn't use because I didn't owe any taxes. Can they be carried forward to 2011? Apparently I can use $1,100 this year (line 21), but only have $600 in...
—
|
12 years ago
|
— | |
|
|
Estates, Trusts, & K-1's
Quick question - that has been lingering with with my wife's family... Her mom died a few years ago... Her mom's house was recently sold, and the proceeds went into her Trust. None of the five...
13
|
12 years ago
|
13 | |
|
|
Adjusted Cost Basis
I have learned a lot, from the posts and answers to others, thank you! Today I wouyld like some advice, regarding Adjusted Cost Basis. In 1980, my parents transferred ownership of their family house...
9
|
12 years ago
|
9 | |
|
|
Taking married child as dependent
Hi gang, I just want to get an opinion on whether I am doing this right: Taxpayer's daughter got married lat in the year. Taxpayer supported daughter all year and want to take daughter as dependent....
4
|
12 years ago
|
4 |