Latest threads in Taxes General Forumshow only best voted threads

Subject Author Posted Replies
 
Forgot to include supporting form in tax return - what now?
I just filed my (individual) tax return and forgot to include form 8936 supporting the $2500 tax credit for a plug-in prius we purchased last year. I claimed the $2500 on the 1040, so the amount we...
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DO I still need to attach W2's
I'm amending my return to add my wife (MFS->MJ) Do I still need to add W2's to the return since I have to mail it in? /dan
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How to apply Calif 540X refund to 2013 est tax?
On Calif Form 540, I see where to specify the amount of a refund to be applied to 2013 estimated taxes (Line 92). On Calif Form 540X, how do I specify the amount of a refund to be applied to 2013...
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Can I take normal distributions while still repaying solo 401(k) loan
I have a loan from my solo 401(k) and am replaying it over 5 years, as permitted. All repayments are being made normally on a timely basis. Separately from that, can I also take distributions from the...
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Line 11 on for 6251
I'm having an issue figuring out what to put for this line. My tax software has kicked a red flag error for this & I can't seem to figure out how to get the value for this line. I've read the IRS...
 
section 121 exclusion if marry after house sold
Suppose you sell home that you've lived in for over 5 years (meeting rules for section 121), then marry by end of year. Do you get the 500k exclusion? Seems per either spouse can own it, andas long as...
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is IT certification courses educational expenses?
can i claim tax for IT courses such as Oracle Certified Professional 11g(OCP) from oracle university? I took the LVC format which is live virtualonline class. also took like tons of exams required &...
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Am I Eligible for FEIE?
I posted this a week or two ago but I think it got buried in another thread. I want to know if I am eligible for the Foreign Earned Income Exclusion and the foreign housing exclusion. Facts: I am...
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Tax returns done -- no money to pay
A friend of mine has his federal income tax returns completed and he owes about $1,500 to the IRS. But, he does not have the $1,500 that he needs to pay them. He did his State return and owed about...
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File 1040-X Before or After 4/15
I e-filed last month and received a refund. I have now received some PTP K-1's and a corrected 1099-B and looks like I owe about $100. Is there a penalty and/or interest involved if I file the 1040-X...
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passive losses and "material participation in an LLC
Last year, I got involved in an LLC that did a small solar installation. In addition to the various tax credits, it was our understanding that we would be able to deduct the losses from our income....
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real estate property tax deduction
I know there has been some discussion about deductability of real estate property taxes that are non-ad valorem. Is there a status of this? In particular I have real property in Pasco Cty Fla and the...
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2 K1s Same Company
I received a K-1 for Suburban Propane Partners from Inergy and Different one from Suburban Propane Partners because of a buy out. My question is do I add these together when doing my taxes (using...
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2009 Closing For Refunds
The Supreme Court ruling on DOMA will not be out until June 2013. Tax year 2009 closes for refunds next week. Certain same-sex couples who had taxable income on the federal return created by tax-free...
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Self Employment income Reported as Other Income
This is in response to a fairly old post that I feel is worth resurrecting. The post was: 2007 Self Employment Income Reported as "Other Income", posted March 4 and found here: The IRS recognizes...