Latest threads in Taxes General Forumshow only best voted threads

Subject Author Posted Replies
 
CCH Tax News Headlines = July 28TH & July 29th 2-011
CCH Tax News Headlines = July 28TH & July 29th, 2-011 Federal Headlines: 7/29/2011 - _Boehner Deficit Bill Faces Uphill Battle in House_ ( 7/29/2011 - _2011 Adjustment Factor Published; Enhanced Oil...
 
Roth conversion through a sweep account
Suppose investor has "mutual fund accounts" and "brokerage accounts" at a particular firm. Traditional IRA is in a mutual fund. There is also a Roth IRA cash sweep account that is considered a mutual...
10
10
 
Changing status on previous tax returns
The judge recently signed off on a bifurcation of marriage and granted a status only divorce; the debts and assets have yet to be finalized. During the separation, I found out from the IRS that my...
4
4
 
estimated taxes for CA
Folks, My CPA miscalculated my state taxes (CA) for 2010. The taxes were actually higher than what they should have been. He applied the the refund that he mistakenly calculated towards estimated...
10
10
 
CCH Tax News Headlines - July 27, 2011
CCH Tax News Headlines - July 27, 2011 Federal Headlines: 7/27/2011 - _Boehner Plan Draws Veto Threat_ ( 7/27/2011 - _Final Regulations Issued Regarding Election of Reduced Research Credit (T.D....
 
2010 HCTC, waiting for refund
During my long period of unemployment I was forced to take early withdrawals from my IRA to make premium payments on health insurance for my family. I did so with the understanding that with the...
6
6
 
CCH Tax News Headlines - July 26, 2011
CCH Tax News Headlines - July 26, 2011 Federal Headlines: 7/26/2011 - _Reporting and Withholding Requirements for Foreign Financial Institutions Clarified (Notice 2011-53)_ ( 7/26/2011 - _Two-Year...
 
Tax due on Form 1040X
My original 2010 tax return has a refund of $100, which I applied to 2011 est. taxes. Then I received a revised K-1. Now I owe $25 -- i.e. IF I had filed an extension and filed my 2010 tax return now,...
3
3
 
CCH Tax News Headlines - July 25, 2011
CCH Tax News Headlines - July 25, 2011 Federal Headlines: 7/25/2011 - _Boehner Calls Off Deficit Negotiations; Obama Summons Congressional Leaders to White House for Weekend Debt Ceiling Talks_ (...
 
CCH Tax News Headlines - July 21 & July 22, 2011
CCH Tax News Headlines - July 21 & July 22, 2011 Federal Headlines: 7/21/2011 - _FinCEN Revises Bank Secrecy Act Regulations on Money Services Businesses (RIN 1506-AA97)_ ( 7/21/2011 - _Checks...
 
loss on rental property sold.
I bought a property in 2000 for $260K; lived in it for one year; have rented it out and claimed it as a loss or gain as rental income since then. Now I am selling the home for $160K. Can I take a...
10
10
 
Potential Home Sale -- any ideas?
Mom and Dad bought a 2 family home in what is now a "trendy" area of NY City for $25,000 in the 1970s. They retired in the '90s and eventually moved to what had been their vacation home. Their son...
2
2
 
Multiple Errors on 2009 Return
On my 2009 return I never got, or mislaid, a 1099-INT. As I am a resident of a country with which the US has a tax treaty exempting Social Security payments to a resident of the other country, I did...
2
2
 
CCH Tax News Headlines - July 20, 2011
CCH Tax News Headlines - July 20, 2011 Federal Headlines: 7/20/2011 - _Applicable Federal Rates for August 2011 Released (Rev. Rul. 2011-16)_ ( 7/20/2011 - _Guidance Updated Regarding Ex Parte...
 
CCH Tax News Headlines - July 19, 2011
CCH Tax News Headlines - July 19, 2011 Federal Headlines: 7/19/2011 - _IRS Invites Comments on Continuing Education Provider Process (Notice 2011-61)_ ( 7/19/2011 - _FinCEN Offers Electronic Filing...
1
1