Taxes General Forum

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Leglly Blind vs Vision Impaired

On form 1040 you get an exemption for being Legally Blind. My left eye meets that description. I cannot read with it be...
3 comments posted 13yrs
posted by SalmonEgg
3 comments posted 13yrs posted by SalmonEgg

Charitable Gifts from IRA

My 86 year old memory is failing and I need to know it the past practice of bypassing taxes by having the IRA trustee t...
3 comments posted 13yrs
posted by bigumm2
3 comments posted 13yrs posted by bigumm2

What address to use?

I am living separately from my wife in an independent living facility because living at my home is no longer feasible....
2 comments posted 13yrs
posted by SalmonEgg
2 comments posted 13yrs posted by SalmonEgg

Is a concierge medical fee deductible?

I am now going to a physician who requires an advance annual fee for his service. This is above anything he gets as reg...
23 comments posted 13yrs
posted by SalmonEgg
23 comments posted 13yrs posted by SalmonEgg

Capital Gain Treatment of Currencies

It is becoming increasingly common for US retail brokerages to let customers hold foreign currencies. Sometimes this is...
8 comments posted 13yrs
posted by persistentone
8 comments posted 13yrs posted by persistentone

Explain this letter from the IRS

On our 2011 tax return, as filed, we had payments of $17000, tax of $9391, and an overpayment of $7609 to be credited t...
5 comments posted 13yrs
posted by nadcixelsyd
5 comments posted 13yrs posted by nadcixelsyd

Parent house in kids name sold

Parent purchase house 10 years agofor 80,000( costs included.). Five years ago has her three childrens names put on dee...
2 comments posted 13yrs
posted by smfwdf
2 comments posted 13yrs posted by smfwdf

Deferred Revenue and Extended Warranty

What are rules regarding deferring revenue recognition when an extended warranty is included with the tangible product...
4 comments posted 13yrs
posted by persistentone
4 comments posted 13yrs posted by persistentone