Taxes General Forum

RMD to decedent in year of death?

My brother and I are the only beneficiaries of our dad's traditional IRA. The money is in a CD, the fiduciary is a bank...

3 comments posted 14yrs

posted by Janie

3 comments posted 14yrs posted by Janie

Estate tax and POD/TOD accounts

I know that assets in accounts registered "Pay on death to XXXX" or "Transfer on death to XXXX" while not in the probat...

2 comments posted 14yrs

posted by rlc-news

2 comments posted 14yrs posted by rlc-news

Client hasn't filed since 2005, what's the best way to submit returns?

This person will probably owe about $15,000 in back taxes and hasn't filed since 2005. I'm wondering what the best way...

7 comments posted 14yrs

posted by nowhere

7 comments posted 14yrs posted by nowhere

1041 and K1

I have prepared a relatively simple 1041 for the estate of my B-I-L. Income is Interest, divs and small CG. Deductions...

2 comments posted 14yrs

posted by jebachman

2 comments posted 14yrs posted by jebachman

Does NV employer have to withhold MA tax?

I changed jobs a few weeks ago. My new employer is a tiny company (less than 10 regular employees, plus lots of contrac...

7 comments posted 14yrs

posted by barmar

7 comments posted 14yrs posted by barmar

IRS Letter 4809

Today I got a Letter 4809 from the IRS pointing out that I prepare a lot of returns with Schedule Cs (admit). The lette...

8 comments posted 14yrs

posted by tom

8 comments posted 14yrs posted by tom

Stipend taxability?

Need some major help please. IRS is sending me a huge bill! I received a $15,000 stipend from the NM Dept. of Health. F...

4 comments posted 14yrs

posted by michaelpageppl

4 comments posted 14yrs posted by michaelpageppl

2 Estim. Tax Payment Questions, Please.

Please help me --- this will be EASY for you, but for me my eyes are crossing with the double negatives the IRS "explai...

12 comments posted 14yrs

posted by ellen.hall

12 comments posted 14yrs posted by ellen.hall

Phishing scheme targeting tax professionals (from IRS Web site)

http://www.irs.gov/taxpros/agents/article/0,,id0709,00.html WARNING - EMAILS PURPORTED TO BE FROM OPR* It's come to ou...

0 comments posted 14yrs

posted by spam+newsgroups

0 comments posted 14yrs posted by spam+newsgroups

Is $700 too much for a CPA to file form 8939?

We have to file an IRS form 8939 with respect to my mother's estate (she died in 2010), and the accountant in charge of...

1 comments posted 14yrs

posted by actr123

1 comments posted 14yrs posted by actr123

Front foot fee

Normally in Maryland Property tax charged by county consists of Front foot fee in addition to normal property taxes. Th...

5 comments posted 14yrs

posted by purirb123

5 comments posted 14yrs posted by purirb123

IRS 'corrected' 2010 1040 and excess refund needs to be repaid

I have a case where the IRS 'corrected' a 1040 filed MFJ for a 20 year old grand-daughter and her spouse married at the...

5 comments posted 14yrs

posted by nowhere

5 comments posted 14yrs posted by nowhere

W4- Question about working spouse

This is something that I always wanted to know. My wife works as a 1099. I file her taxes regularly every quarter. I sh...

2 comments posted 14yrs

posted by rich.suchster

2 comments posted 14yrs posted by rich.suchster

Bad luck or accountant's error?

My accountant filed a 1116 that simply said "various" under countries involved. There were probably a dozen or so count...

2 comments posted 14yrs

posted by wade

2 comments posted 14yrs posted by wade

5% cap gain rate on sale of main home?(!)

A non-authoritative webpage titled "Long Term & Short Term Capital Gains Tax Rate 2011, 2012" [1] states under the titl...

6 comments posted 14yrs

posted by seller

6 comments posted 14yrs posted by seller