Taxes General Forum

SSA-1099 and TT

I just got my SSA-1099 form. It includes a figure in Box 6 because I voluntarily withheld taxes. The instructions say t...

1 comments posted 13yrs

posted by moo

1 comments posted 13yrs posted by moo

Some basic Traditional IRA Queries

Forgive the double posting. I just posted this in the misc.taxes group but this group seems to be more on-target: I hav...

17 comments posted 13yrs

posted by moo

17 comments posted 13yrs posted by moo

tax - different stock lots

I'll have to drag out my Schwab papers, but was thinking about stock sales... and how they are reported.. Since the 104...

1 comments posted 13yrs

posted by pschuman_no5pam_m3

1 comments posted 13yrs posted by pschuman_no5pam_m3

Taxes related to inherited stock?

I inherited stock from my adult son (not a dependent), who died in 2012. The stock was held in a taxable brokerage acco...

6 comments posted 13yrs

posted by qguy31416

6 comments posted 13yrs posted by qguy31416

Payroll Tax

My total Social Security with no income is $900. What will my Payroll tax be ? PLEASE ADVISE...THANK YOU!

2 comments posted 13yrs

posted by IMDONN

2 comments posted 13yrs posted by IMDONN

Tax Changes

I sent out a letter just after the election describing what changes to taxes were to be expected for 2013. One specific...

12 comments posted 13yrs

posted by paulthomascpapc

12 comments posted 13yrs posted by paulthomascpapc

Re: Purchase of a biz a retail biz in California

Re: Purchase of a biz a retail biz in California I am in a dilemma re: allocation of assets in the purchase price. I am...

0 comments posted 13yrs

posted by ritagoldman101

0 comments posted 13yrs posted by ritagoldman101

Tax treatment of cost of single ticket for multiple drawings?

What is the tax treatment of a lottery season ticket or any other lottery/raffle ticket where a one-time payment enters...

5 comments posted 13yrs

posted by rlc-news

5 comments posted 13yrs posted by rlc-news

Amending return that has been audited

When the IRS audits a return and disallows a deduction or a negative income item (loss), do they give the taxpayer the...

3 comments posted 13yrs

posted by william23

3 comments posted 13yrs posted by william23

Depreciation of Improvement non-Residential rental property

I own 50% of a property that is a medical office condominium (in a building that consists of a number of these units),...

2 comments posted 13yrs

posted by ron

2 comments posted 13yrs posted by ron

HSA Question

I just got a check from Blue Cross that said I was a "qualified participant in their individual deductible credit progr...

3 comments posted 13yrs

posted by kurtullman

3 comments posted 13yrs posted by kurtullman

How do I deduct donated business services on my 1120S?

We donated electrical services to two non-profit organizations and we're an S Corp. How do we deduct the value of these...

3 comments posted 13yrs

posted by GB

3 comments posted 13yrs posted by GB

Why isn't everyone audited?

If you walk into any retail store, someone will gladly spend their time to sell you an item worth just a few dollars. W...

22 comments posted 13yrs

posted by faraz

22 comments posted 13yrs posted by faraz

HSA distributions

Did I get this right? Taxpayer (2010) contributed $2,000 to a health savings account (HSA). Her employer contributed $4...

2 comments posted 13yrs

posted by garyg7

2 comments posted 13yrs posted by garyg7

End of year checks

If I write a check to a charity on December 31, 2012 (dated 12/31/2012) and drop in the mailbox before midnight, does i...

15 comments posted 13yrs

posted by rws

15 comments posted 13yrs posted by rws