Taxes General Forum

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eBay Form 1099-K

eBay will be issuing Forms 1099-K to anyone who had Gross Sales of more than $600 in 2022. I understand Gross Sales to...
13 comments posted 3yrs
posted by vicroberts
13 comments posted 3yrs posted by vicroberts

Limits on charitable deductions

If you've read Publication 526, you are aware that charitable organizations qualified to receive contributions that an...
1 comments posted 3yrs
posted by ahk
1 comments posted 3yrs posted by ahk

Form 8606 when joint taxpayers are deceased

I am going to be filing a tax return on behalf of my deceased parents. Both of them died in the same calendar year, and...
1 comments posted 3yrs
posted by rdonohue
1 comments posted 3yrs posted by rdonohue

10% tax on early distributions from a Roth

Pages 31-32 of Pub 590-B say that there's a separate 5-year period for each conversion from traditional to Roth IRA, an...
2 comments posted 3yrs
posted by the_stan_brown
2 comments posted 3yrs posted by the_stan_brown

Income Limit for IRA Contribution

Hi All - I got a query from someone who thinks his income is too high to make a contribution to a traditional IRA. As f...
3 comments posted 3yrs
posted by spamtrap
3 comments posted 3yrs posted by spamtrap

RMD for deceased taxpayer

A family member (97) recently passed away with a traditional IRA. I have been doing his returns. He did not take his 20...
4 comments posted 3yrs
posted by 75270_3703a
4 comments posted 3yrs posted by 75270_3703a

Criminal Tax (IRS) Investigation Question

Do any of you folks have current information about the minimum tax due standards (a/k/a LEM Standards or Prosecution St...
0 comments posted 3yrs
posted by Temprock
0 comments posted 3yrs posted by Temprock

Solar Tax Credits and Home Basis

I was wondering if there is any effect on home basis for claiming the solar tax credit for installing solar panels. As...
1 comments posted 3yrs
posted by taruss
1 comments posted 3yrs posted by taruss

Qualified Dividends weirdness

I prepare the tax return for a retired relative. She itemizes. I'd forgotten to deduct Part B and Part D premiums when...
1 comments posted 3yrs
posted by ahk
1 comments posted 3yrs posted by ahk

State income taxes, working from home

30+ years ago, I worked and lived in Massachusetts. My office-mate lived in NH, a state with no income tax. I had to pa...
2 comments posted 3yrs
posted by nadcixelsyd
2 comments posted 3yrs posted by nadcixelsyd

Massachusetts Income Tax Penalty M-2210

I accidentally asked Massachusetts to figure out my penalty for 2021 and it gave me a small penalty, less than $50. I h...
1 comments posted 3yrs
posted by jershap
1 comments posted 3yrs posted by jershap

Unemployment 1099

I received an inquiry from someone who is starting a private company that will provide unemployment insurance. (Yes, I...
2 comments posted 3yrs
posted by spamtrap
2 comments posted 3yrs posted by spamtrap