Taxes General Forum

Kiddie Tax?

Where in the 100+ pages of instructions for Form 1040 is the information on the kiddie tax? Not shown in the index. I c...

3 comments posted 13yrs

posted by hrhofmann

3 comments posted 13yrs posted by hrhofmann

Inkind services donations - My business to 501(c)3 non-profit

My business performed a services for a 501(c)3 non-profit, last year. They are going to draft a letter stating that we...

7 comments posted 13yrs

posted by lou.diamonds.98

7 comments posted 13yrs posted by lou.diamonds.98

How are Long Term Capital Gains taxed relative to regular income?

Hey there tax community. I am really having a mental road block attempting to figure out how Long Term Capital Gains (L...

4 comments posted 13yrs

posted by a.a11

4 comments posted 13yrs posted by a.a11

2007 Self Employment Income reported as "Other Income"

61 year old female just returned from the social security office estimating her future SS benefits. The SS agent realiz...

21 comments posted 13yrs

posted by mmurrellcpa

21 comments posted 13yrs posted by mmurrellcpa

Roth IRA without proof of income?

Party A is a home music teacher and officer in a local area music teachers association. Party A pays Party B (age 12 ye...

10 comments posted 13yrs

posted by hrhofmann

10 comments posted 13yrs posted by hrhofmann

rental refinance

I had financed a rental property. I had incurred loan origination and misc fess for about $2000 and was amortizing them...

2 comments posted 13yrs

posted by mashtube

2 comments posted 13yrs posted by mashtube

Question about allocation of mortgage prepayment

Suppose that my current mortgage balance is $150K. Then I do a cash out refinance of $300K on March 31. I recognize tha...

3 comments posted 13yrs

posted by jms2l

3 comments posted 13yrs posted by jms2l

H & R Block tax software question

While installing this, my sister ran into a question about installing "AT HOME CONNECT". There was nothing on the box t...

2 comments posted 13yrs

posted by phillysleuth

2 comments posted 13yrs posted by phillysleuth

When are K-1s due?

I am not a tax professional, so I don't know where to go to look this up :-( When are K-1s supposed to reach the benefic...

4 comments posted 13yrs

posted by briang

4 comments posted 13yrs posted by briang

RMD calculations for IRA and 401k

I am turning 70 1/2 this year. I have two 401k accounts, a traditional IRA and a ROTH. I would like to figure out what...

6 comments posted 13yrs

posted by jblatz2

6 comments posted 13yrs posted by jblatz2

IRA rollover by surviving spouse when IRA owner dies before completion

IRA owner took a distribution of his entire IRA by transferring it to a checking account that is joint with his spouse....

6 comments posted 13yrs

posted by xyzzy.dude

6 comments posted 13yrs posted by xyzzy.dude

Rink V CREF

Last fall I asked about how to handle a check from the settlement of the Rink v CREF class action suit.  Following the...

1 comments posted 13yrs

posted by armand3hammer

1 comments posted 13yrs posted by armand3hammer

How to fill out 1040X Part I

I am filing a 2008 1040X, but not changing my exemptions or line 4. As I read it, I don't put anything in Part I; but T...

1 comments posted 13yrs

posted by *

1 comments posted 13yrs posted by *

Has Anyone Seen This: Transfer of Inherited IRA

A client inherited an IRA from a parent. Client was receiving MRDs using her life expectancy (Appendix C Table I in Pub...

4 comments posted 13yrs

posted by tempuser

4 comments posted 13yrs posted by tempuser

RTRP & Rebates for Testing & Loss of Clients

I thought this topic would be humming in here. Okay. I never wanted to go through the hoops, thought that after 20 year...

2 comments posted 13yrs

posted by nowhere

2 comments posted 13yrs posted by nowhere