Taxes General Forum

Deducting Managed Funds fees?

I currently own several "Managed Funds" in my investment portfolio. These funds charge an annual management fee of abou...

9 comments posted 12yrs

posted by Jwisnia18

9 comments posted 12yrs posted by Jwisnia18

Not filing a 1116?

I have $357 in foreign tax credit. Claiming over $300 requires filing a 1116. I know they aren't a big deal, but I am u...

1 comments posted 12yrs

posted by veryfrustrateduser

1 comments posted 12yrs posted by veryfrustrateduser

Multi-State Income - Reporting Thresholds

My nephew is a performer. He gives most of his shows in his home state of Pennsylvania, but some in other states. The l...

3 comments posted 12yrs

posted by dontspamme

3 comments posted 12yrs posted by dontspamme

Combining self-directed Roth and Tradition IRA's in house flip

A friend of mine has a self-directed Roth IRA and a self-directed Traditional IRA, and he uses a combination of funds f...

5 comments posted 12yrs

posted by Jake29

5 comments posted 12yrs posted by Jake29

Getting an I-9 Notarized

I have started a new job that requires me to fax back a copy of a notarized I-9. When I had went to Amscott--along with...

4 comments posted 12yrs

posted by pdntspad802

4 comments posted 12yrs posted by pdntspad802

Doing my child's taxes

How do I do my child's taxes. My son has $3000 in wages and $1950 in long-term capital gain. Total=$4950. His standard...

1 comments posted 12yrs

posted by rodneyfarber

1 comments posted 12yrs posted by rodneyfarber

IRS Sales Tax Deduction

The IRS provides tables and a calculator for use in determining the standard sales tax deduction amount (used primarily...

2 comments posted 12yrs

posted by rick

2 comments posted 12yrs posted by rick

What is my cost basis for tax purposes of my Agilent shares that I got from the

What is my cost basis for tax purposes of my Agilent shares that I got from the spin-off from Hewlett-Packard? June 2, 2...

2 comments posted 12yrs

posted by Fil

2 comments posted 12yrs posted by Fil

When can an accepted efile be amended?

Taxpayer comes into TaxAide site and wants to file MFS. We prepare the return, it gets efiled, and we get the "Accepted...

9 comments posted 12yrs

posted by rlc-news

9 comments posted 12yrs posted by rlc-news

Tax implications of overseas work - contractor vs employee?

We are a nonprofit looking to hire someone (who will be autonomous, but will give work to other employees who are based...

1 comments posted 12yrs

posted by evansamelia

1 comments posted 12yrs posted by evansamelia

Is money received for a home under lease purchase taxable?

We received a $5000 down payment for our $200,000 home. We have a lease purchase contact for 18 months. 20% of the mont...

3 comments posted 12yrs

posted by Jill

3 comments posted 12yrs posted by Jill

What is required in California when filing form 2253 (LLC to be taxed as S-Corp) for federal?

I am currently a single member CA LLC, and in the middle of filing form 2253 (LLC ELECTING TO BE TREATED AS AN S CORPOR...

1 comments posted 12yrs

posted by jbliss1234

1 comments posted 12yrs posted by jbliss1234

Establishing a basis. . .

Thirty years ago my sister-in-law inherited from a friend a small amount of GE stock. She is now critically ill and una...

5 comments posted 12yrs

posted by news

5 comments posted 12yrs posted by news

How do I file my 1099-misc form?

I received money to attend a summer seminar at a university through the National Endowment for the Humanities. It was f...

1 comments posted 12yrs

posted by Teach14

1 comments posted 12yrs posted by Teach14

Could my son's tax possibly be right?

He has a taxable income of 35,000, $20,000 of it from ordinary dividends. His tax before Kiddy tax is $500. After Kiddy...

5 comments posted 12yrs

posted by *

5 comments posted 12yrs posted by *