Taxes General Forum

Paystub viewing online

The issue: I used to get physical paychecks with the pay stub for tax deductions, but with direct deposit, I can no lon...

3 comments posted 12yrs

posted by tlack

3 comments posted 12yrs posted by tlack

USSC Grants Certiorari: Are Severance payments Subjetc to FICA

http://www.kpmg.com/US/en/IssuesAndInsights/ArticlesPublications/taxnewsflash/Pages/supreme-court-consider-fica-tax-issu...

0 comments posted 12yrs

posted by tempuser

0 comments posted 12yrs posted by tempuser

Report of Foreign Bank and Financial Accounts (FBAR)

Is it true that individuals are no longer allowed to submit their paper FBAR form to the Department of Treasury and that...

6 comments posted 12yrs

posted by nospam

6 comments posted 12yrs posted by nospam

Small distribution from Roth 401K: Earned or Unearned Income - Kiddie Tax Consequences

Daughter is 21. She worked a summer job and contributed to a Roth 401K because it had company matching. The total balan...

5 comments posted 12yrs

posted by jms2l

5 comments posted 12yrs posted by jms2l

VA Benefits for Caregiving: Tax implications

For several years, my elderly mother has required round-the-clock caregivers. I own the condo in which she lives rent-f...

3 comments posted 12yrs

posted by trentlion

3 comments posted 12yrs posted by trentlion

interest paid to offshore trust

Is interest pertaining to Schedule E activity which is paid to an offshore trust deductible on Schedule E? Any limitati...

0 comments posted 12yrs

posted by Reggie

0 comments posted 12yrs posted by Reggie

What tax rates apply to sale of Calif residence?

I am confused about the fed and state tax rates that apply to the sale of a home in Calif. I know there are a lot of fa...

3 comments posted 12yrs

posted by qguy31416

3 comments posted 12yrs posted by qguy31416

Client paying back federal taxes on an installment agreement has recently had his bank account levied for past due New York taxes and now can't make federal installment agreement payment

Hello, Thank you in advance for any help. Here is what's going on - Client is a somewhat successful self-employed real...

1 comments posted 12yrs

posted by caj11

1 comments posted 12yrs posted by caj11

Gifts made in contemplation of death

What happens if the dying person is the recipient? For example: Adam has a lung cancer. The doctors determine that Adam...

27 comments posted 12yrs

posted by nadcixelsyd

27 comments posted 12yrs posted by nadcixelsyd

Just want to be sure I understand Capital gains....

1) If I have 100,000 in long term gains, 10,000 in short term gains, and 50,000 in short term losses, then I pay taxes...

1 comments posted 12yrs

posted by *

1 comments posted 12yrs posted by *

Determining Fair Market Value of Donated Eyeglasses

I've found plenty of places that are willing to accept my used prescription eyeglasses as a charitable donation but non...

11 comments posted 12yrs

posted by DAP

11 comments posted 12yrs posted by DAP

Umbrella Liability Policy a business expense??

My wife is a licensed Realtor and licensed Real Estate Broker. We have, for the past several years, had a million dolla...

2 comments posted 12yrs

posted by hrhofmann

2 comments posted 12yrs posted by hrhofmann

Business vs. non-business items for NOL calculation

I'm putting together a web based NOL calculator, and I'm having some difficulty determining whether certain items are b...

6 comments posted 12yrs

posted by Don.Steiger

6 comments posted 12yrs posted by Don.Steiger

backdoor Roth IRA

For the last couple of years or so, I have been following what is sometimes called the backdoor Roth IRA. I have been c...

7 comments posted 12yrs

posted by ghanwani

7 comments posted 12yrs posted by ghanwani

Form 926 requirement?

A trust invested in a hedge fund that in 2012 made transfers to foreign corporations. None of the transfers were for mo...

0 comments posted 12yrs

posted by garyg7

0 comments posted 12yrs posted by garyg7