Latest threads in Taxes General Forum

Simple Question on Wash Sale Dates

If one sells common stock on June 19th (trade date) at a loss, what is the date in July that the same stock can be bough...

2 11yrs

tempuser

2 11yrs tempuser

IRS rules for nonfiler who pays when asked

This is an odd situation to describe, I think. The easiest question to answer is whether an actual filing of a tax form...

7 11yrs

phillysleuth

7 11yrs phillysleuth

Is Filing Form 1116 a Good Idea?

If someone has foreign but his US income tax is already zero is it a good or a stupid idea to file a form 1116? It does...

3 11yrs

larry.israel100

3 11yrs larry.israel100

accounting fees

Hi, I just had an argument with the accountant over fees and was wondering what you guys think. Normally I pay $1500 pe...

1 11yrs

tanyarosss2

1 11yrs tanyarosss2

Taxation of Belgium military and NATO pensions in the United States for US resident

My client lives in CT and receives both a NATO old age pension and a Service des pensions du Secteur Public (SdPSP) for...

1 11yrs

wendy.marsden.cpa

1 11yrs wendy.marsden.cpa

Question about working out of state...

My son has some capital losses when he moved from NY to MA. My accountant at the time said he could use them should he...

14 11yrs

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14 11yrs *

Taxes on non-cash prizes.

If I win a pool table on the Price is Right, and the manufacturer says that MSRP is $14000, can one pay taxes on a lowe...

39 11yrs

nadcixelsyd

39 11yrs nadcixelsyd

Gifted shares of a private family corporation

MY father in law died before I met him in 1982. What he left behind was a 550 acre timber farm that has one mile of san...

6 11yrs

geopearlst

6 11yrs geopearlst

Gain: Long term or short term

A woman was recently cleaning her garage and found an old computer so she "gave" it to a store that recycles computers....

2 11yrs

nadcixelsyd

2 11yrs nadcixelsyd

Noticed something odd with Ameritrade's handling of Return of Capital (VNQ)

I noticed something odd with Ameritrade's handling with my holding of VNQ (in my non-retirement account). On Vanguard's...

2 11yrs

odiegoogle

2 11yrs odiegoogle

Return of Capital in an IRA account

For an IRA account, if a fund (e.g. REIT) gives me Return of Capital, do I need to keep track of this? Correct me if I'...

6 11yrs

odiegoogle

6 11yrs odiegoogle

Roth or Trad IRA?

My 21 year old son is a college senior. He will make $4,000 this summer and has gotten it in his head that he wants to...

6 11yrs

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6 11yrs *

Post-poning back tax payments

My ex-wife wants to postpone making a past due tax payment to the IRS. She can't pay the utility bill AND the IRS next...

1 11yrs

geopearlst

1 11yrs geopearlst

Roth IRAs and tax returns....

I have avoided limited partnerships because the tax related stuff was onerous. How about in a Roth IRA. Since it is tax...

9 11yrs

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9 11yrs *

Turstee Income

does Trustee income qualify for IRA contributions? bw

5 11yrs

bh2os62

5 11yrs bh2os62