Taxes General Forum

Health SAvings Account (HSA) for nonemployee owner of C Corp

I've searched through the IRC and Regs as best as I can, but can't find anything conclusive on a C Corp contributing pr...

3 comments posted 15yrs

posted by garyg7

3 comments posted 15yrs posted by garyg7

Sale of MLP Prevents Electronic Filing?

I sold some units of a MLP and received a sales schedule from the partnership. The sales schedule lets me calculate how...

7 comments posted 15yrs

posted by njoracle

7 comments posted 15yrs posted by njoracle

Preschool expenses for 4-year old that's not a dependent.

How do I add the W10 form to my taxes as a deduction. This is for my son, although he's not a dependent. Thanks, --tj

6 comments posted 15yrs

posted by techjohnny

6 comments posted 15yrs posted by techjohnny

Trust termination with capital loss and charitable remaindermen

A trust was terminated in 2010 when the primary beneficiary died and assets were distributed to the remaindermen includ...

0 comments posted 15yrs

posted by kmj1901_at_localnet_dot_com

0 comments posted 15yrs posted by kmj1901_at_localnet_dot_com

CCH Tax News Headlines - February 25, 2011

CCH Tax News Headlines - February 25, 2011 Federal Headlines: 2/25/2011 - _Shulman Announces Latest Wave of Relief for...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

CCH Tax News Headlines - February 24, 2011

CCH Tax News Headlines - February 24, 2011 Federal Headlines: 2/24/2011 - _Guidance on Tax Consequence of Distressed Ho...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

Basis when inheriting spouse is a resident alien

Husband is a U.S. citizen and wife is a resident alien (green card). They live in NY state. Husband dies. Does wife get...

4 comments posted 15yrs

posted by Dan

4 comments posted 15yrs posted by Dan

Reporting 1098-T Educational Expenses?

This is the first year my daughter is in school. She received a 1098T from her university listing the amount billed as...

3 comments posted 15yrs

posted by sorry

3 comments posted 15yrs posted by sorry

Proper Reporting of Early IRA for Educ Use

Greetings: I made an early withdrawal from my SEP-IRA to cover my daughter's educational expenses. We unexpectedly rece...

1 comments posted 15yrs

posted by sorry

1 comments posted 15yrs posted by sorry

renting vacant church rooms for profit

As with everyone else, churches are being pummelled around in this economy--higher costs and lower donations. I?m on th...

6 comments posted 15yrs

posted by sandyhb6

6 comments posted 15yrs posted by sandyhb6

1098-T form for person who recently received a greencard

Hi, So my husband was a 'non-resident alien' status while he was a grad student during the 2010 tax year. He married me...

1 comments posted 15yrs

posted by acrayonbloom

1 comments posted 15yrs posted by acrayonbloom

Adjunct Professor of Art-Deduction for gas mileage to his job ?

Hi, So, my husband is an adjunct professor of art at a community college that is 50 miles away (one way). We are just w...

1 comments posted 15yrs

posted by acrayonbloom

1 comments posted 15yrs posted by acrayonbloom

Assigning a life insurance policy to charity

If a person assigns a $50,000 life insurance policy to a charity, is the value of the policy a charitable deduction in t...

2 comments posted 15yrs

posted by waltxj

2 comments posted 15yrs posted by waltxj

post-maturity savings bonds

Hi all, I had a client come in to my office and plop down 116 series EE savings bonds worth over $70,000 (it took the p...

11 comments posted 15yrs

posted by kastnna

11 comments posted 15yrs posted by kastnna

Proposed EITC penalty?

I was looking at the President's 2012 budget submission, and one thing that caught my eye was a proposed revenue enhanc...

2 comments posted 15yrs

posted by 75270_3703a

2 comments posted 15yrs posted by 75270_3703a