Latest threads in Taxes General Forumshow only best voted threads
| Subject | Author | Posted | Replies | |
|---|---|---|---|---|
|
|
Been paying for my familys flight to the USA and they pay to my UK account
For the last 12 years I have been paying for my family to visit me in the USA, I pay out of my usa account and they replay me in Sterling in my account in the UK Time has now come I want to bring this...
1
|
10 years ago
|
1 | |
|
|
NYS Star Exemption question
They are making everyone reregister this year, based on 2012 income. I converted my IRA last year, giving me an income of $505,000 in 2012, so I am over the limit of $500,000. My 2013 income will be...
2
|
10 years ago
|
2 | |
|
|
First Time Home Buyer: Recapture of credit
Hello, and thank you in advance for any help you can provide: Taxpayer bought a home (#1)on 4-22-2010 and took the "long-time homeowner's credit" of $6500 on her 2010 tax return. She got married,...
1
|
10 years ago
|
1 | |
|
|
Legal and medical conservatorship expense deductions
If someone is showing serious mental problems but does not wish to be treated, considerable legal and medical expense may be necessary to obtain court orders to remedy the situation. Who can deduct...
3
|
10 years ago
|
3 | |
|
|
K1 & Traditional IRA contribution
Can anyone who receives income from an S Corp (reported on a K1)make a deductible contribution to a Traditional IRA the same as if they received their income on a W-2?
2
|
10 years ago
|
2 | |
|
|
NOLs and rental income from non-active participation
If you receive rental income where you are not actively participating is it considered to be non-business income?
4
|
10 years ago
|
4 | |
|
|
Florida Residency
I would like some advice on how we might legally establish Florida, as our state tax domicile. We now own a house and live in Connecticut. My wife will soon retire, as I have. Next year we would like...
6
|
10 years ago
|
6 | |
|
|
When does 3 year audit period end?
My understanding is that the IRS has 3 years from date of filing to do an audit, assuming they are not claiming fraud. So if I filed my 2009 tax return on 4/1/10 they would have until 4/1/13. But what...
10
|
10 years ago
|
10 | |
|
|
Day Trader or Investor
For those of you who deal with the subject, you may be interested in the latest Tax Court decision that determined the t/p was not in a trade or business....
3
|
10 years ago
|
3 | |
|
|
Treasury Releases DOMA Rules
The Treasury Department issued a press release stating that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes....
4
|
10 years ago
|
4 | |
|
|
Gift Tax on Foreign Real Estate ??
If I as a US resident/citizen/retired taxpayer make a "gift" of my interest in a "inherited" piece of real estate in the UK, to my son, a US citizen who is currently living and working in the UK,...
1
|
10 years ago
|
1 | |
|
|
IRA Form 8606 - wrong Basis, prev years zeroed
In reviewing our situation for potentially converting a Traditional IRA to a Roth IRA, I went thru and documented all our deductible and non-deductible IRA contributions from 1986 thru 2012, in order...
2
|
10 years ago
|
2 | |
|
|
Estate Beneficiary
I have what seems to me to be a very unusual situation, and I'd appreciate any insight you may have. Person A died and left a charitable remainder unitrust. His grandson is the lifetime beneficiary....
3
|
10 years ago
|
3 | |
|
|
Refund Not Found
My daughter filed her 2012 income tax late, around June 30. She filed as an Israeli resident, so the due date for her return was June 15. Since she had a refund coming I guess she was not in a hurry...
3
|
10 years ago
|
3 | |
|
|
Selling Prudential stock
I recently sold my Prudential stock which I received when the company went from mutual to stock. How do I handle the capital gains question? Thank you
22
|
10 years ago
|
22 |