Taxes General Forum

Efiling an extension that I am not supposed to efile?

I will get a pretty good Federal refund, but I won't have all the documents I need to actually file for a while. H&R Bl...

1 comments posted 14yrs

posted by *

1 comments posted 14yrs posted by *

Recharacterizing a Roth IRA after moving it elsewhere?

Two years ago I converted my trad to a Roth, last year found the taxes were punative (60% marginal, thanks to AMT), and...

5 comments posted 14yrs

posted by *

5 comments posted 14yrs posted by *

The Seven Deadly Newsgroup Sins

The Seven Deadly Newsgroups Sins! (Moderated Newsgroup Version) 1. Arguing with anyone on the Moderation Team. 2. Engag...

18 comments posted 14yrs

posted by rdadams

18 comments posted 14yrs posted by rdadams

audit rates

taxpayers with higher incomes face a greater likelihood of audit. But, there must be further criteria. For example, is...

1 comments posted 14yrs

posted by PicoRico

1 comments posted 14yrs posted by PicoRico

What's the Easiest Way to Cheat on Your Taxes?

This NY Times article says it all -- or at least part of it: http://www.nytimes.com/2012/04/08/magazine/whats-the-easies...

9 comments posted 14yrs

posted by wbrenner

9 comments posted 14yrs posted by wbrenner

Reportable Transactions?

Can you either explain or refer me to a website that explains reportable transactions so that a human can understand it...

6 comments posted 14yrs

posted by *

6 comments posted 14yrs posted by *

Rolling Over From 401K to (Roth?) IRA + Education

I have been making contributions to both a 401K and IRA for the past 4.5 years, but recently parted ways from the compa...

6 comments posted 14yrs

posted by kramer.newsreader

6 comments posted 14yrs posted by kramer.newsreader

section 179 and rental business

I have a residential rental business (several rentals properties under a single owner LLC). I also have a day job gener...

2 comments posted 14yrs

posted by mashtube

2 comments posted 14yrs posted by mashtube

Mom and Son and Trust Fund

In 2011, son was a full time college student at Tulane. Has a 1098-T for $42,000 in paid tuition, including a $24,000 s...

1 comments posted 14yrs

posted by michael.bratt

1 comments posted 14yrs posted by michael.bratt

NYS Income Tax - out of state sales tax

I did my tax returns today. NYS requires you to pay sales tax on out of state purchases on your NYS tax return. Althoug...

2 comments posted 14yrs

posted by suanne

2 comments posted 14yrs posted by suanne

Cancel flight and drive instead, business purpose

Taxpayer is self-employed. TP booked a flight to a conference for people in his profession, with educational workshops,...

3 comments posted 14yrs

posted by leec

3 comments posted 14yrs posted by leec

Change in short-sale reporting instructions?

Looks like there's been an major change in how dates of short sale transactions are to be reported. Date of acquisition...

0 comments posted 14yrs

posted by rlc-news

0 comments posted 14yrs posted by rlc-news

Was given $25,000 by parent. Is it taxable?

Hello, each year I receive about $25,000 from parent. Parent reports it and pays a tax on it. Am I required to do the sa...

3 comments posted 14yrs

posted by geopearlst

3 comments posted 14yrs posted by geopearlst

Federal v. Oklahoma Non-resident Income Tax Return question?

I have self-employment income in Texas but also have to fill out an Oklahoma nonresident income tax return for income c...

3 comments posted 14yrs

posted by travismmcalister

3 comments posted 14yrs posted by travismmcalister

Incorporating Sales Commission On Mixed Sale

How do I incorporate the sales commission for a sale of shares of the same company purchased at various dates that are...

1 comments posted 14yrs

posted by snowybrown

1 comments posted 14yrs posted by snowybrown