Taxes General Forum

10141 Threads Posts
to

Calif 540 - use tax on line 95

If taxpayer is receiving a refund, but has a positive number on line 95 (use tax), how does it get paid? Line 111 says...
1 comments posted 12yrs
posted by PicoRico
1 comments posted 12yrs posted by PicoRico

1099r for pension payout

I retired at the beginning of 2013. I had a company pension which I rolled over into an Ira. I was also able to contrib...
1 comments posted 12yrs
posted by RC
1 comments posted 12yrs posted by RC

Over The Counter Medications (OTC) ?

Hello, If your Physician "Prescribes" a medication, or whatever, that is "Over The Counter" (OTC), is this deductable a...
7 comments posted 12yrs
posted by rgsros
7 comments posted 12yrs posted by rgsros

Capital Gain On Death of Joint Tenant

My parents have been married for 60 years. Unfortunately, the doctors say they won't have a 61st anniversary. Assume th...
4 comments posted 12yrs
posted by dontspamme
4 comments posted 12yrs posted by dontspamme

General Business Credit limited by AMT

Does taxpayer need to file form 3800 to document the credit she hopes to use by carrying over to future years? Will for...
1 comments posted 12yrs
posted by PicoRico
1 comments posted 12yrs posted by PicoRico

Ordinary Income or Capital Gain

- Took Short-Term Capital Loss in 2002 on a I stock I purchased in 2001 after allegations fraud. I didn't wait around t...
3 comments posted 12yrs
posted by jms2l
3 comments posted 12yrs posted by jms2l

Gift Tax Endrunaround

Can the recipient of a $14,000 gift then pass on that gift, or a portion thereof, to a third person who may already have...
9 comments posted 12yrs
posted by hrhofmann
9 comments posted 12yrs posted by hrhofmann

brokered CDs on a 1099

taxpayer has received a 1099 from a major brokerage house, showing brokered CDs that matured as having a "sales price",...
5 comments posted 12yrs
posted by PicoRico
5 comments posted 12yrs posted by PicoRico

Bonus depreciation questions

I have a small 3-unit apartment building I rent out. Last summer I replaced the driveway for this building. Can I elect...
2 comments posted 12yrs
posted by way222
2 comments posted 12yrs posted by way222

Creating new s corp name or retaining old name

I currently have a s corp for my website design firm and I plan to operate another business that sells food and groceri...
0 comments posted 12yrs
posted by divorcewriter
0 comments posted 12yrs posted by divorcewriter

Paid salary in cash

I paid salary in cash to employee Over last year, paid all payroll taxes, issued w2 etc. Does it make illegal transacti...
5 comments posted 12yrs
posted by purirb123
5 comments posted 12yrs posted by purirb123

Another gift tax question

Please help! I am completely clueless and just trying to figure out what my options are. I absolutely want to stay 100%...
6 comments posted 12yrs
posted by dk
6 comments posted 12yrs posted by dk

Girlfriend committing tax fraud

My girlfriend claimed at least two children on her taxes that are relatives. The kids are American citizens but their m...
4 comments posted 12yrs
posted by mikebond.mb
4 comments posted 12yrs posted by mikebond.mb