Taxes General Forum

UBTI - royalties from mineral rights

According to the conclusion in Rev. Rul. 69-179 (http://www.irs.gov/pub/irs-tege/rr69-179.pdf), income from a mineral i...

5 comments posted 12yrs

posted by garyg7

5 comments posted 12yrs posted by garyg7

IRS PTIN Renewal Process is partially down.

I have been told (when calling the IRS PTIN line) that the payment subsystem is currently down. People can still input...

11 comments posted 12yrs

posted by spam+newsgroups

11 comments posted 12yrs posted by spam+newsgroups

Refund Delay?

I made a mistake on my 1040, and the IRS correctly fixed it. In a letter dated August 26 I received notice of the corre...

1 comments posted 12yrs

posted by larry.israel100

1 comments posted 12yrs posted by larry.israel100

Recently widowed client with minimal assets and income- husband had tax debt, best course of action for innocent spouse relief?

Hello, A client of mine in Florida became widowed earlier this year when her husband died in April. His estate had no a...

3 comments posted 12yrs

posted by caj11

3 comments posted 12yrs posted by caj11

Sale Inherited Property

My family inhertied a "camp" from my father last year. I am the family executor, and want to advice my four siblings on...

2 comments posted 12yrs

posted by news

2 comments posted 12yrs posted by news

Is issuing a wrong 1099 improper?

I understand it is difficult to establish an action was deliberate, but assuming that it was... Is issuing a 1099 knowi...

18 comments posted 12yrs

posted by *

18 comments posted 12yrs posted by *

Cost basis reporting when fractional shares were transfered to Vanguard ?

I had 31.655 shares of DUKE Energy first batch aquired on 7/2/09 14.74 sh.in a DRIP transfered to Vanguard on 8/13/13....

1 comments posted 12yrs

posted by Jim Hayes

1 comments posted 12yrs posted by Jim Hayes

NOL carryback

Our firm filed a 2009 amended individual income tax return just before the statute of limitations expired in April, 201...

1 comments posted 12yrs

posted by cmiller

1 comments posted 12yrs posted by cmiller

Parent Funded Mortgage

My son lives near a small CT river, still his lender requires Flood Insurance. Previously his yearly cost, for the Floo...

10 comments posted 12yrs

posted by news

10 comments posted 12yrs posted by news

Safe Harbor

We recently sold stock with a very large LT capital gain. This will create a one-year very significant spike in our inc...

3 comments posted 12yrs

posted by waphylz

3 comments posted 12yrs posted by waphylz

Leasehold Improvement- How to record Lessor's payments..

A restaurant owner signs a lease for a new space. The lease term is 10 years with an option to renew. He spends $50,000...

2 comments posted 12yrs

posted by hireque

2 comments posted 12yrs posted by hireque

How should Lessee record reimbursement by Lessor

Tenant has signed a lease for a restaurant and spent about %50,000 for remodeling. The landlord also has paid the contr...

1 comments posted 12yrs

posted by zedreza

1 comments posted 12yrs posted by zedreza

Efile rejected but accepted with 2011 fraudulent return info

I had ID theft in 2011 where someone filed a fraudulent return using my TIN. It was finally resolved around March of th...

1 comments posted 12yrs

posted by mrosen

1 comments posted 12yrs posted by mrosen

HSAs under the ACA

Much confusion whether there will or will not be HSA compatible plans offered in California. As far as I can tell at th...

1 comments posted 12yrs

posted by PicoRico

1 comments posted 12yrs posted by PicoRico

Medical Insurer HSA eligibility reporting?

Are there any existing IRS reporting requirements for medical insurers related to HSA eligibilty? In other words does t...

1 comments posted 12yrs

posted by aloy.parker

1 comments posted 12yrs posted by aloy.parker