Taxes General Forum

suspicious EITC

A client's household employee was notified by the state of NY that it needs additional information. The employee filed...

6 comments posted 14yrs

posted by garyg7

6 comments posted 14yrs posted by garyg7

Deduction for Forgiven Interest

I'm curious if any of you have any experience with this issue. I have a client who is doing some estate planning, and I...

32 comments posted 14yrs

posted by spamtrap

32 comments posted 14yrs posted by spamtrap

Inclusion of Expenses in Cost Basis of Decedents House

Mother's house was in a Revocable Trust that became Irrevocable on death. Currently about one year since DOD so post-mo...

6 comments posted 14yrs

posted by delgran

6 comments posted 14yrs posted by delgran

Should I convert my Trad IRA this year?

In 2010 and 2011 I had very little income, but a lot of deductions. I converted my trad IRA into a Roth. That put me in...

5 comments posted 14yrs

posted by *

5 comments posted 14yrs posted by *

Paying Estimated Taxes

I do not usually pay estimated taxes; I withhold enough from my day job to cover my investment income and small side bu...

13 comments posted 14yrs

posted by dontspamme

13 comments posted 14yrs posted by dontspamme

5D F 90-22.1

If a US person has signature authority over a foreign account owned by a non-resident alien spouse, does the informatio...

2 comments posted 14yrs

posted by VSLARRY

2 comments posted 14yrs posted by VSLARRY

Unclear about penalties for inadequate estimated tax

Lets say I have no employment income, just investment income. In 2011 I pay $4 in federal tax. Figuring it will cost th...

1 comments posted 14yrs

posted by *

1 comments posted 14yrs posted by *

how to amend amended return

How to amend amended return? In column A do you enter the original amount, or the amount after the first amended return?

10 comments posted 14yrs

posted by removeps-groups

10 comments posted 14yrs posted by removeps-groups

can online EFTPS be used to send in interest payment?

Received an interest payment notice (form CP22A) from IRS due to filing a revised 1040X It arrived with a payment coupo...

0 comments posted 14yrs

posted by spam+newsgroups

0 comments posted 14yrs posted by spam+newsgroups

Estimated taxes to get into safe harbor?

I needed to dig some numbers out of my 2002,2003,2004,and 2005 tax returns and noticed something funny on the estimated...

3 comments posted 14yrs

posted by *

3 comments posted 14yrs posted by *

Tax Treaty Question

In Publication 901, U.S. Tax Treaties, on page 8 it is written that a resident of Israel employed by an Israeli company...

1 comments posted 14yrs

posted by VSLARRY

1 comments posted 14yrs posted by VSLARRY

long term Capital gain holding period

a piece of real estate has been owned by the mother for decades. She dies, and it transfers via the terms of her living...

4 comments posted 14yrs

posted by PicoRico

4 comments posted 14yrs posted by PicoRico

Unreported business income

About twice a month, I order take-out at a local, family-owned, ethnic restaurant. Each time, I pay cash. The clerk giv...

3 comments posted 14yrs

posted by nadcixelsyd

3 comments posted 14yrs posted by nadcixelsyd

Transferring stock from two to one owner

I have some common stock certificates for stocks that I hold jointly with my daughter. Both our names are on the certif...

16 comments posted 14yrs

posted by hrhofmann

16 comments posted 14yrs posted by hrhofmann

I just got a corrected 1099B

I just got a corrected 1099B. It increases my long term capital gains by $9, but does not affect my taxes owed because...

10 comments posted 14yrs

posted by *

10 comments posted 14yrs posted by *