Taxes General Forum

1099-K income from eBay, estimated taxes?

Started an ebay business, do I need to pay estimated taxes as I have no idea how much I will make each quarter. Thanks.

6 comments posted 3yrs

posted by timnels

6 comments posted 3yrs posted by timnels

How to handle being in parent's marketplace plan but not being a dependent?

I'm doing my nephew's tax return which is entirely straightforward (all he has is a W-2) except for one thing: * Nephew...

1 comments posted 3yrs

posted by rlcarr

1 comments posted 3yrs posted by rlcarr

income tax filing extension

I have been reading about the income tax filing extension to October 16 for locations experiencing destructive storms t...

4 comments posted 3yrs

posted by zvkmpw

4 comments posted 3yrs posted by zvkmpw

Non-Equity Partner in Law Firm

Does a person who is a non-equity partner in a law firm always receive a W-2, or can they sometimes receive a K-1. Or,...

1 comments posted 3yrs

posted by vicroberts

1 comments posted 3yrs posted by vicroberts

OT: Brother HL-L2380DW or 2390DW printer

Apologies for the off-topic post; I don't see any more suitable newsgroup. My trusty old HL-L2380DW is getting near to...

4 comments posted 3yrs

posted by the_stan_brown

4 comments posted 3yrs posted by the_stan_brown

Nonrefumdable credits and estimated tax

A nonredundable credit for 2022 was larger than my tax on Form 1040 line 16, so total tax (line 24) was zero for 2022....

2 comments posted 3yrs

posted by the_stan_brown

2 comments posted 3yrs posted by the_stan_brown

IRS Deferred Payment Options

My son just realized he and his wife will owe $5000 on their joint taxes for 2022, due mainly to his wife starting a ne...

4 comments posted 3yrs

posted by rick

4 comments posted 3yrs posted by rick

Which Year to Report

An employer paid a new employee a signing bonus in 2022 (withholding all necessary taxes). The employee didn't last to...

7 comments posted 3yrs

posted by spamtrap

7 comments posted 3yrs posted by spamtrap

California tax advantage of California community property vs. Joint Tenancy

I understand that community property has a tax advantage upon the death of a spouse where no capital gains will be paid...

1 comments posted 3yrs

posted by debbie.lafourche

1 comments posted 3yrs posted by debbie.lafourche

(Medical expenses, 1040)Reaching out-of-pocket maximum and including amount in medical expenses.

Suppose through work you've reached your maximum out of pocket payment insurance maximum, say, $2000, for the year, at...

4 comments posted 3yrs

posted by pcogan

4 comments posted 3yrs posted by pcogan

Fair Rental Days? - Schedule E

I changed tax preparers this year. All preparers are with large, national firms, who have also handled my investments....

5 comments posted 3yrs

posted by nospam

5 comments posted 3yrs posted by nospam

Grantor Trust that includes personal residence

Early 2022, client set up an irrevocable trust - main purpose of which was to protect assets in the event she has to go...

5 comments posted 3yrs

posted by chewks35

5 comments posted 3yrs posted by chewks35

CA state tax on capital gains from sale of treasuries

I have a 2 year t-note maturing 11/30/2024 @4.5%. It is worth about 0.86% over face value. A couple of questions: - Wou...

3 comments posted 3yrs

posted by ghanwani

3 comments posted 3yrs posted by ghanwani

Itemized deductions

Starting to work on a tax return, I was going through a lengthy list of expenses to see which fit into various itemized...

3 comments posted 3yrs

posted by ahk

3 comments posted 3yrs posted by ahk

Re: Assisted Living as Medical Expenses

This is a follow-up to a thread that started 23 years ago and a question that wasn’t quite covered by that thread. My c...

3 comments posted 3yrs

posted by michaelhbratt

3 comments posted 3yrs posted by michaelhbratt