Taxes General Forum

wash sale

Ok, suppose I bought XYZ on 12/15/13 and sold it that day for a GAIN. I again buy the same XYZ on 12/31/13 and sell it...

5 comments posted 12yrs

posted by moo

5 comments posted 12yrs posted by moo

enrolled vs. matriculated for AO college tax credit

Pub. 270 American Opportunity Credit states: "For at least one academic period beginning in 2013, the student was enrol...

3 comments posted 12yrs

posted by rachelms79

3 comments posted 12yrs posted by rachelms79

partner in LLC get guarant. pmt based on sales. Q4 GP earned in '13, paid in '14

We have a LLC in which one of the partners receives a commission based on sales. We treat this as a guaranteed payment....

1 comments posted 12yrs

posted by taw

1 comments posted 12yrs posted by taw

Long Matured HH bonds?

The treasury sent me a notice that I have matured HH bonds and they're sending a record of the amount to the IRS (I hav...

2 comments posted 12yrs

posted by rhhardin

2 comments posted 12yrs posted by rhhardin

Need 528 Plan Distribution Citation

Posed this a few months ago, but did not ask for a specific book, chapter, verse citation. Put in $10,000 into a 529 pl...

3 comments posted 12yrs

posted by hrhofmann

3 comments posted 12yrs posted by hrhofmann

how to "increase" 4th est tax payment?

Suppose I send in the 4th est tax payment, then I decide I should have paid more. (Pretend I am asking before the Jan 1...

3 comments posted 12yrs

posted by qguy31416

3 comments posted 12yrs posted by qguy31416

Issuing 1099 For Subcontractor Who Switched from Sole Proprietor to Corp

I have a subcontractor that originally started working for me and was paid as a Sole Proprietor. This was in June, and...

2 comments posted 12yrs

posted by psandler70

2 comments posted 12yrs posted by psandler70

Hawaii non resident personal income tax with NOL carryover

Hawaii nonresident taxpayer has a rental property in Hawaii that produces a net operating loss to be carried forward. H...

14 comments posted 12yrs

posted by PicoRico

14 comments posted 12yrs posted by PicoRico

Question about Form 8288-A and FIRPTA withholding tax

Hello, My client sold a house in New Jersey last year. He was no longer a resident of the United States, having moved o...

1 comments posted 12yrs

posted by caj11

1 comments posted 12yrs posted by caj11

Questions on California EDD Employment Audit

I have some questions pertaining to a California EDD Employment Audit. The auditors appear to take the position that an...

1 comments posted 12yrs

posted by persistentone

1 comments posted 12yrs posted by persistentone

What if you donate your car, which is then stolen?

The Consumerist, a Consumer Reports blog, reports on the case of a California man who donated a car to charity, only fo...

14 comments posted 12yrs

posted by dfmanno

14 comments posted 12yrs posted by dfmanno

Form 8960 NII draft instructions released

ftp://ftp.irs.gov/pub/irs-dft/i8960--dft.pdf

1 comments posted 12yrs

posted by makbo

1 comments posted 12yrs posted by makbo

Charity Auction Gone Wrong

In late 2012 I bid on a service at a charity auction and won it. In early 2013 I attempted to use the service, but the...

3 comments posted 12yrs

posted by typed44295

3 comments posted 12yrs posted by typed44295

What are applicable items allowed when figuring improvement costs at time of sale

I have owned a condo unit for 8+ years. It is located 1000 miles from my home residence. I go there about twice a year,...

8 comments posted 12yrs

posted by hrhofmann

8 comments posted 12yrs posted by hrhofmann

interesting RMD timing question

On New Year's Eve I mentioned that anyone turning 65 on New Year's Day was getting a gift from the IRS since they could...

2 comments posted 12yrs

posted by ira.smilovitz

2 comments posted 12yrs posted by ira.smilovitz