Taxes General Forum

401K Loan Default

I currently have an existing 401K loan through my company. In January of 2013 I will be moved to a new company and even...

9 comments posted 13yrs

posted by TripleL

9 comments posted 13yrs posted by TripleL

Does built in gains tax apply to a S Corporation that converts back to C Corp?

If the entity converts back to a C Corporation does the recognition period continue until the 7 years expire? or, Does...

0 comments posted 13yrs

posted by Marry

0 comments posted 13yrs posted by Marry

Does built in gains tax apply to a S Corporation that converts back to C Corp?

If the entity converts back to a C Corporation does the recognition period continue until the 7 years expire? or, Does...

0 comments posted 13yrs

posted by Marry

0 comments posted 13yrs posted by Marry

10 Reasons Reagan Could Cut The Top Tax Rate To 28%, But Romney Can't

From Forbes... published today, the 26th anniversary of the Tax Reform Act of 1986....

0 comments posted 13yrs

posted by tempuser

0 comments posted 13yrs posted by tempuser

deduction for HSA on CA employer tax return

For federal purposes individuals can take a deduction for HSA contributions on their 1040, but the deduction is not all...

1 comments posted 13yrs

posted by removeps-groups

1 comments posted 13yrs posted by removeps-groups

California resident with out of state rental loss

How is this reported on the California resident income tax return? Just treat it as any other rental property? There is...

3 comments posted 13yrs

posted by PicoRico

3 comments posted 13yrs posted by PicoRico

Filing 1120X for last year and 1120 for this year

I made a mistake on last years 1120 form (Deductions for Pension plan). Note: we have a fiscal year starting 2/1. We in...

3 comments posted 13yrs

posted by w_cohen

3 comments posted 13yrs posted by w_cohen

IRS PTIN System now accepting renewals.

Title says it all. URL: https://rpr.irs.gov/datamart/login.do

1 comments posted 13yrs

posted by spam+newsgroups

1 comments posted 13yrs posted by spam+newsgroups

How many years is a tax preparer held liable for errros or omissions?

This is specifically asking about errors and omissions by the tax preparer (not the person they are serving)

0 comments posted 13yrs

posted by Vicki S

0 comments posted 13yrs posted by Vicki S

Are these kosher?

Kosher question #1. Every year, I rollover my state income tax refund to be applied to the following tax year. I never...

8 comments posted 13yrs

posted by nadcixelsyd

8 comments posted 13yrs posted by nadcixelsyd

IRS address needed

Taxpayer received a notice from the "Large Business and INternational" division of the IRS a few months ago. The taxpay...

4 comments posted 13yrs

posted by garyg7

4 comments posted 13yrs posted by garyg7

Taxes on stocks acquired through Stock option

Hi I have a question about taxation of stocks acquired through incentive stock plan based stock options. I acquired som...

7 comments posted 13yrs

posted by seanimrod

7 comments posted 13yrs posted by seanimrod

Limitations on Maximum Solo 401K Contribution for Low Wage Earners

I am studying Solo 401K plans for corporations with a single employee and shareholder. The rules allow an employee over...

3 comments posted 13yrs

posted by persistentone

3 comments posted 13yrs posted by persistentone

Medicare & Medigap Premiums

Are Medicare Parts B/D and Medigap premiums deductible as a self-employment health insurance expense on Schedule C? Nanc...

2 comments posted 13yrs

posted by nancyr

2 comments posted 13yrs posted by nancyr

Passive Loss

I think I know this one but just checking. Assume AGI is above limit for deducting passive losses. 2012: Gross income $...

1 comments posted 13yrs

posted by dontspamme

1 comments posted 13yrs posted by dontspamme