Taxes General Forum

CCH Tax News Headlines - February 23, 2011

CCH Tax News Headlines - February 23, 2011 Federal Headlines: 2/23/2011 - _IRS Provides Stock Issuers with Transition R...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

CCH Tax News Headlines - February 22, 2011

CCH Tax News Headlines - February 22, 2011 Federal Headlines: 2/22/2011 - _New 1099 Reporting Requirements for Landlord...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

Statute of Limitations Issue

Taxpayer paid taxes late, more than three years after the due date. If he had filed on time, he would have gotten a ref...

1 comments posted 15yrs

posted by spamtrap

1 comments posted 15yrs posted by spamtrap

Errors in 1099-MISC - no way to e-file now?

Hi all, A client sent me 1099-MISC for 2010 that includes in its total a payment that was actually made in 2011 (althou...

1 comments posted 15yrs

posted by info_at_air-space_dot_us

1 comments posted 15yrs posted by info_at_air-space_dot_us

client included reimbursed mileage expense with income in box 7 of 1099 MISC

My client has included reimbursed mileage expenses along with the amount I billed (for hours) as one lump sum in box 7...

7 comments posted 15yrs

posted by hfishkin

7 comments posted 15yrs posted by hfishkin

Bad debt question

Some time ago, I made a real estate loan investment, with the loan being secured by the deed of the property involved....

2 comments posted 15yrs

posted by mwelch2002

2 comments posted 15yrs posted by mwelch2002

Taxcut Deulxe2010 -have sched E?

1. Does TaxCut Deluxe 2010 have the schedule E Rent and Royalties or do I spend the extra $20 for the Premium version?...

5 comments posted 15yrs

posted by rc

5 comments posted 15yrs posted by rc

Calculating part-year depreciation on rental property.

On June 30 2010 I converted a rental property to use as a personal residence. 2010 was the tenth year of depreciation i...

1 comments posted 15yrs

posted by dfouste

1 comments posted 15yrs posted by dfouste

Form 1116 Foreign Tax Credit

I get a supplemental schedule from Vanguard on Foreign Taxes Paid: 1. Foreign Tax $ 2. Foreign Income $ 3. QDI Foreign...

2 comments posted 15yrs

posted by mirss7c1001

2 comments posted 15yrs posted by mirss7c1001

Buy Car in 2009 pay sale tax in 2010?

TurboTax tells me that if I bought a car in 2009 and paid the sale tax in 2010 the tax is deductible in 2010. Can someo...

10 comments posted 15yrs

posted by mauro_gaetano

10 comments posted 15yrs posted by mauro_gaetano

maximum number of exemptions

What's the maximum number of exemptions I can claim to have no withholding? If I find that my withholding so far this y...

4 comments posted 15yrs

posted by removeps-groups

4 comments posted 15yrs posted by removeps-groups

Hypothetical tax queston

Andy asks: Let us assume that a motion picture company offers me a salary of one million dollars to perform in a film....

5 comments posted 15yrs

posted by jungleandy1

5 comments posted 15yrs posted by jungleandy1

Multiple 1099s for the same fund

My wife and I jointly owned shares in a mutual fund. She passed away last year, so I changed ownership to individual. L...

2 comments posted 15yrs

posted by nestor

2 comments posted 15yrs posted by nestor

Unemployment Compensation

If it's later (like in a subsequent year) determined that a person who received Unemployment Compensation was actually...

1 comments posted 15yrs

posted by stanleykri

1 comments posted 15yrs posted by stanleykri

EE US Savings Bond Interest 1992-1994

I need to find out the dollar value of interest earned per year on a $5,000 US EE Savings bond purchased in 09/1992. fo...

6 comments posted 15yrs

posted by jwisniaDumpThisPart

6 comments posted 15yrs posted by jwisniaDumpThisPart