Taxes General Forum

Federal Carryover Worksheet, how can you have a payment and a refund at same time?

TurboTax did something and I am wondering if it is possible. After importing 2010 return into 2011, on the Federal Carr...

12 comments posted 13yrs

posted by phillman5

12 comments posted 13yrs posted by phillman5

Looking for inexpensive federal payroll tax electronic filing software - any suggestions?

Hello, My clients are all individuals working a regular job, 1-person businesses with no employees or 1-person business...

3 comments posted 13yrs

posted by caj11

3 comments posted 13yrs posted by caj11

Downloading and saving IRS publications as pdf?

I recently visited the IRS site and looked a Publication 590 on individual IRAs. It is listed as p590.pdf. When I try t...

5 comments posted 13yrs

posted by SalmonEgg

5 comments posted 13yrs posted by SalmonEgg

If I occasionally rent space on my lawn for parking

I live near a sports venue that has a pro football team with 6-8 games per year. There are also occasional concerts (e....

13 comments posted 13yrs

posted by nadcixelsyd

13 comments posted 13yrs posted by nadcixelsyd

Virtual Assistants

Web sites are touting these folks as "self-employed" and "not subject to payroll taxes". I'm certainly skeptical, and w...

7 comments posted 13yrs

posted by kingfish02375

7 comments posted 13yrs posted by kingfish02375

Bond Accrued Interest

There were several posts on this before, but there's some ambiguity and possible conflicts in some of the previous answ...

2 comments posted 13yrs

posted by aloy.parker

2 comments posted 13yrs posted by aloy.parker

Writing covered calls

If the covered calls expired worthless, is the premium considered income upon expiration? Or can it be a reduction of co...

1 comments posted 13yrs

posted by 0b3hks001

1 comments posted 13yrs posted by 0b3hks001

Deductible of attending a medical clinic.

My daughter is a dentist in MA and is considering attending a clinic in TN to give free dental care for a weekend. Assu...

14 comments posted 13yrs

posted by nadcixelsyd

14 comments posted 13yrs posted by nadcixelsyd

National Tax Training School

I would like to get a better grip on matters regarding the U.S. personal income taxes. I don't have the time to go to a...

5 comments posted 13yrs

posted by nospam

5 comments posted 13yrs posted by nospam

Excess contributions to a Roth IRA

I made excess contributions to my Roth IRA in 2010 and 2011. I've already filed the 5329 and paid the penalty on the ex...

11 comments posted 13yrs

posted by longforthewind

11 comments posted 13yrs posted by longforthewind

Cancellation of debt- am I overthinking this?

Husband and wife refinance their mortgage with wife's mother as lender. Mortgage is fully executed and recorded. It's a...

13 comments posted 13yrs

posted by ira.smilovitz

13 comments posted 13yrs posted by ira.smilovitz

Convert UTMA to 529

Converting a small UTMA account for a post 18 minor to a 529 plan. Primary purpose is to remove assets from minor's lis...

25 comments posted 13yrs

posted by sorry

25 comments posted 13yrs posted by sorry

Income Tax filing status for parents, one in nursing home.

My Mother entered a nursing home in Oct. 2011 after suffering a massive stroke. The home is paid for by Medicaid. Can m...

1 comments posted 13yrs

posted by jlefevre1808

1 comments posted 13yrs posted by jlefevre1808

real estate broker claims a portion of condo fees are addition to basis

Last night at a homeowner's meeting a real estate broker let loose with a claim that the accountants she knows say that...

28 comments posted 13yrs

posted by garyg7

28 comments posted 13yrs posted by garyg7

Unintentional nondectible traditional IRA contribution

A couple of years ago, I made what I thought was a then tax deductible $5000 contribution to a traditional IRA. Come to...

8 comments posted 13yrs

posted by mikepantera20061

8 comments posted 13yrs posted by mikepantera20061