Taxes General Forum

Home Renovation & basis adjustment

What expenditures can be added to the basis -- during the renovation? 1. General construction including painting -- yes...

0 comments posted 11yrs

posted by mirss7c1001

0 comments posted 11yrs posted by mirss7c1001

reporting settlement of class action suit against Country Wide

I received a couple of payments from the Countrywide class action suit in 2014. To date I have not received any formal...

4 comments posted 11yrs

posted by phillysleuth

4 comments posted 11yrs posted by phillysleuth

Reporting of Bond premium on noncovered security

My 1099-int lists a bond premium for a covered security in box 11, and I can match it with the security in the details...

9 comments posted 11yrs

posted by phillysleuth

9 comments posted 11yrs posted by phillysleuth

Form 8937 Report of Organizational Actions Affecting Basis of Securities

I owned an ADR of a foreign company ("FC"). The FC did: A. a reverse stock split 13:12, B. change the nominal value of...

1 comments posted 11yrs

posted by mirss7c1001

1 comments posted 11yrs posted by mirss7c1001

Qualified Dividend Worksheet

Hello, Re the Qualified Div. Worksheet: If one uses it to figure the tax due, rather than the Tables, is there some box...

1 comments posted 11yrs

posted by rgsros

1 comments posted 11yrs posted by rgsros

Got a corrected 1099 DIVD-- can I ignore it

I filed electronically last week. Today I got a corrected 1099-DIVD for one of my funds. It amounts to moving some amou...

1 comments posted 11yrs

posted by moo

1 comments posted 11yrs posted by moo

Sum of state wages (box 16) is a lot more than federal wage (box 1)

I live in IL. My office is in IL and work as a consultant in CA. I have received two W2 forms showing $70,000 federal w...

2 comments posted 11yrs

posted by Jeff

2 comments posted 11yrs posted by Jeff

Taxation of Foreign Social Security Benefits

I am trying to understand how U.S. tax laws work with regards to foreign social security benefits. I am not a tax profe...

3 comments posted 11yrs

posted by nospam

3 comments posted 11yrs posted by nospam

Safeway's Blackhawk Stock Spinoff Taxable?

Last April Safeway spun off its stake in Blackhawk Network Holdings, Inc., issuing shares in Blackhawk to Safeway share...

1 comments posted 11yrs

posted by Lee Johnson

1 comments posted 11yrs posted by Lee Johnson

Career Counseling Deduction For Dependent ?

Hello, My son has been out of work for a long time now, and I take him as a Dependent on my 1040 return. I provide free...

4 comments posted 11yrs

posted by rgsros

4 comments posted 11yrs posted by rgsros

1095-A Problems

I am doing my taxes with H&RBlock software. I got my health insurance through a marketplace and don't qualify for a sub...

8 comments posted 11yrs

posted by *

8 comments posted 11yrs posted by *

Estate taxes in the future?

Obviously no one here is psychic, but your guess is better than mine. I don't have enough to worry about estate taxes,...

44 comments posted 11yrs

posted by *

44 comments posted 11yrs posted by *

Passive Loss and NOL Carry-back

I have a client with an NOL this year. In 2012 (his 2-year carryback), he has a rental passive loss in the phase-out ra...

5 comments posted 11yrs

posted by spam+newsgroups

5 comments posted 11yrs posted by spam+newsgroups

Amending a tax return

Hi, I just filed my federal/state tax return a few days ago using the H&R block tax software. I realized I made a mista...

2 comments posted 11yrs

posted by pallavgupta

2 comments posted 11yrs posted by pallavgupta

State Income Tax for a Special Needs Trust

What determines what state to file state income taxes for the trust? The state of the trustee or the state of the benefi...

1 comments posted 11yrs

posted by leon.g

1 comments posted 11yrs posted by leon.g