Taxes General Forum

  1. Home
  2. Taxes General Forum
10141 Threads Posts
to

How to report Form 1099-K for Non-Business Income

Next year I will be one of the many people getting a Form 1099-K for casual sales on eBay over $600. How do I report th...
1 comments posted 4yrs
posted by vicroberts
1 comments posted 4yrs posted by vicroberts

Odd entry on 1099-B

Got a 1099-B showing a CD I cashed out with zero gain/loss as interest was paid monthly. What is odd is on the same lin...
1 comments posted 4yrs
posted by Retired"
1 comments posted 4yrs posted by Retired"

VAT Required?

Client is a US-based artist. Client is about to enter into a transaction to sell three pieces to Netherlands resident....
2 comments posted 4yrs
posted by cantor2
2 comments posted 4yrs posted by cantor2

Entering 1099-B data into TurboTax

Hi. The financial brokerage gives a 1099-B summary for all transactions and then lists every transaction with its speci...
1 comments posted 4yrs
posted by debbie.lafourche
1 comments posted 4yrs posted by debbie.lafourche

IRA Required Minimum Distribution Situation

A taxpayer's husband died in 2019 at age 79. The husband had not taken an RMD for 2019 yet. He took RMDs starting at ag...
2 comments posted 4yrs
posted by honda....
2 comments posted 4yrs posted by honda....

IRS say ignore CP80 for 2020

Well, after my Dad got a CP80 letter for 2020 return and he dutifully mailed off a new copy of his return, I see IRS is...
1 comments posted 4yrs
posted by 75270_3703a
1 comments posted 4yrs posted by 75270_3703a

Can you move a stock out of an IRA and sell it

Is it possible/legal to have a stock which is under water moved outside the IRA as a redemption and sell it to claim a l...
9 comments posted 4yrs
posted by debbie.lafourche
9 comments posted 4yrs posted by debbie.lafourche

ROC taken from a Traditional IRA

If I take out ROC payments from my traditional IRA, even though ROCs aren't taxed until your cost basis is zero, I woul...
3 comments posted 4yrs
posted by joelsteinkeschool
3 comments posted 4yrs posted by joelsteinkeschool

Short- and Long-Term from DRIP

I was in a firm's dividend reinvestment Program (DRIP) for many years, leading to a total of 63 purchases over fifteen...
10 comments posted 4yrs
posted by michael.stemper
10 comments posted 4yrs posted by michael.stemper

Form 709 U.S. Gift Tax Return

If I made a $30K gift to an individual, do I put $30K on Form 709? Or 30K less the annual gift exemption ($15K?)? If I m...
1 comments posted 4yrs
posted by m8r.jn1sdp
1 comments posted 4yrs posted by m8r.jn1sdp

PSA: IP PINs updated

The Identity Protection PIN (IP PIN) prevents someone else filing a fraudulent return under your name and getting an un...
0 comments posted 4yrs
posted by the_stan_brown
0 comments posted 4yrs posted by the_stan_brown