Best Rated threads in Taxes General Forumshow all threads
| Subject | Author | Posted | Replies | |
|---|---|---|---|---|
|
|
Stimuls Money and Federal Taxes
Am on disabilty here and recived a $250.00 stimuls check in 2009.When I filed my federal taxes When I got my refund it was $250.00 less than I was to the company that had prepared my taxes and I was...
2
|
14 years ago
|
2 | |
|
|
Home office Deduction in 1120, 1120S and 1065
I wonder how a shareholder of a S corporation or C corporation claim home ofiice deduction in 1120S or 1120?. If this can be calimed, will that also be considered a rental or other income to the...
11
|
14 years ago
|
11 | |
|
|
401K Contribution on Total Compensation Including Schedule K-1 Income
Several 401K plans I have seen allow owners of a business that generates a Schedule K-1 to contribute to 401K based on "total compensation" which they define as W-2 earnings plus Schedule K-1...
1
|
14 years ago
|
1 | |
|
|
Avoiding state income tax when out of state?
I am moving jobs from Calif to Texas (no state income tax). My wife and 2 children will remain in California. I have read the California definition of out of state income and it seems to be about your...
4
|
14 years ago
|
4 | |
|
|
Energy Efficient Tax Credits
There is an energy efficient tax credit of 30% for the last few years. Besides the $1500 per year cap, are there any other constraints such as a multi-year cap? Will this tax credit continue in 2010?...
6
|
14 years ago
|
6 | |
|
|
Statute of Limitations on State IRS tax
AZ just sent me a bill for $158 (w/ Late File penalty and interest- $240), for the Tax year 2004. No explanation or accounting. I thought that after 3 years they can't bill me or is that just the US...
5
|
14 years ago
|
5 | |
|
|
CA state tax - W2 not required ?
Hi; I had opted for automatic tax filing extension for CA taxes for 2008 and now I need to send it by Oct 15. When I printed tax forms using Turbotax, it states that "Do not attach any Form(s) W-2"....
2
|
14 years ago
|
2 | |
|
|
Life Insurance Premium Deduction for C-Corporation
Are the premiums paid by a C-Corporation for life insurance on the life of the "owner" who is also an employee deductible by the C- Corporation if the corporation is named as beneficiary on the...
2
|
14 years ago
|
2 | |
|
|
EIN vs. SSN (different numbering space)
I've googled ad nauseum on this and can't seem to find a definitive answer. Do EINs and SSNs use different numbering space such that even though they are both 9-digit tax ID numbers (albeit dashes...
15
|
14 years ago
|
15 | |
|
|
deathbed marriage
I read that Farrah Fawcett, knowing she was on her deathbed, agreed to marry Ryan O'Neil. I think they were married in the past. What are the estate and other tax implications of such a deathbed...
10
|
14 years ago
|
10 | |
|
|
Endorsing Refund Check
Is there any problem with my son endorsing his IRS refund check, and then my depositing it to my account?
4
|
14 years ago
|
4 | |
|
|
Medical Board Certification - are fees deductible?
My kids have to take National and State boards for medical licence. Each costs about 2300.00 Since they also work part time am wondering if the fees are deductible against income? If so, what is that...
2
|
14 years ago
|
2 | |
|
|
where did the distributions from line 19 of 1065 Schedule K1 go?
Looking at my Schedule K-1 for a 1065, there is a distribution on Line 19. But I didn't receive any money from the partnership. I'd expect a direct deposit to show up in my brokerage account, or at...
2
|
15 years ago
|
2 | |
|
|
On form 1120, how to determine value of capital stock?
On form 1120, how to determine value of capital stock? On form 1120, how does one determine the value of capital stock on Schedule L? For a publicly traded corp, I imagine it would be the value the...
3
|
15 years ago
|
3 | |
|
|
Form 4952 (investment interest expense deduction) question
My broker charged me about $800 of margin interest last year. My broker also gave me about $150 of interest income last year, presumably for having cash sit in the account (and also possibly for...
1
|
15 years ago
|
1 | |
|
|
AMT Audit alert
My client just got a letter from the IRS for a 2008 return asking for a copy of the AMT form 6251 when there is no possible way he could need one. This may be the start of a big headache for all of us...
13
|
15 years ago
|
13 | |
|
|
Single-Member LLC and 83(b) Election
I recently established an LLC in New York State with me as the only Member (Single-Member LLC). Is there any reason for me to file an 83 (b) election or would that not apply in my situation? Thanks...
2
|
15 years ago
|
2 | |
|
|
employer paid moving expenses
My employer paid my moving expenses of $11,000 directly to third parties (mover and storage fees) they have now included them on my W2 box 12 code P. I did not incur these expenses and was not...
4
|
15 years ago
|
4 | |
|
|
Can I write off home office furniture from a previous year ?
I purchased about 5k of Home Office Furniture that I use in the Office that I work out of, but the purchase was made in 2007. How do I write it off ? Below is a list of the items: BookCases - I have 2...
4
|
15 years ago
|
4 | |
|
|
Husband and Wife both work from home...
Hello all, My wife and I are both Sole proprietors working from home. We file jointly and file a schedule C and all that good stuff. This is the first year my wife is a sole proprietor. Last year i...
11
|
15 years ago
|
11 |