Taxes General Forum

Wash Sale rules and dividends paid AS SHARES.

I am aware that reinvesting dividends can trigger wash sale rules, but does that apply only when dividends are manually...

2 comments posted 13yrs

posted by spam+newsgroups

2 comments posted 13yrs posted by spam+newsgroups

NY resident with internship in WA, which state taxes do I need to have withheld?

Hi, I'm a college student from NY state. Both my permanent residence and my university are in NY. However, this summer...

8 comments posted 13yrs

posted by Rebecca

8 comments posted 13yrs posted by Rebecca

Is the first result of idverify.irs.gov the controlling one?

This is either a tax question or an HTML question. After an unusually long one-month wait for a refund, I get a letter...

5 comments posted 13yrs

posted by nehmo54

5 comments posted 13yrs posted by nehmo54

software

Has anyone had any experience with OLTpro software?

0 comments posted 13yrs

posted by phansen42

0 comments posted 13yrs posted by phansen42

Rental property loan interest & fees

My wife and I just purchased our first rental property. We paid cash for the property, because an unexpectedly low appr...

9 comments posted 13yrs

posted by arequipeno

9 comments posted 13yrs posted by arequipeno

Qualifying Widow(er) VS Surviving Spouse re Standard Deduction

While looking for the tax year 2013 adjusted items, I came across "Internal Revenue Bulletin: 2013-5 " at http://www.ir...

4 comments posted 13yrs

posted by Retired

4 comments posted 13yrs posted by Retired

C-Corp returns with zero taxable income not filed for ten years, will there be interest on the late filing penalties?

Hi there, Client of mine is the sole shareholder of a C-Corp and did not file returns for the past ten years. In seven...

7 comments posted 13yrs

posted by caj11

7 comments posted 13yrs posted by caj11

Use of 1040-ES to Supplement 1099-R Withholding?

My 1099-R withholds taxes in the mid 4 figure range. I can go online and adjust the amount withheld on a monthly basis....

8 comments posted 13yrs

posted by njoracle

8 comments posted 13yrs posted by njoracle

Explain This Situation

I do not understand this situation. I understand that taxes were either not or incorrectly filed, but who actually file...

6 comments posted 13yrs

posted by Patricia McCormick

6 comments posted 13yrs posted by Patricia McCormick

529 account over-contribution & 10% extra tax on earnings

Hello. I'm in the very fortunate situation of having a child who received a full-ride scholarship, leaving excess funds...

1 comments posted 13yrs

posted by wgiddens99

1 comments posted 13yrs posted by wgiddens99

maximum gift you can give your client if you are a tax preparer

The maximum gift you give is $25 per client (you can give more, just can't deduct it). If you are a tax preparer and do...

7 comments posted 13yrs

posted by removeps-generic

7 comments posted 13yrs posted by removeps-generic

recapture of education credits when sell books

Suppose you used books to increase the value of your education credit, such as the AOC. The following year you sell you...

2 comments posted 13yrs

posted by removeps-generic

2 comments posted 13yrs posted by removeps-generic

Taxes on a lawsuit settlement...

I am suing someone for $200,000 in damages. I presume they are not taxable, as they are genuine damages. They have offe...

4 comments posted 13yrs

posted by *

4 comments posted 13yrs posted by *

1040s, 1099s, Schedule Cs, lost of confusion & 4 years behind... HELP?

Hello. Due to an outrageously incompetent (and mysteriously vanished) accountant I had a few years back, I am behind on...

2 comments posted 13yrs

posted by justinmarclloyd

2 comments posted 13yrs posted by justinmarclloyd

pay for reception, a gift?

Hello folks, My daughter will be getting married in November and my wife and I will be hosting and paying for the weddi...

5 comments posted 13yrs

posted by vpdura

5 comments posted 13yrs posted by vpdura