Taxes General Forum

Change from Roth 401(k) to pre-tax 401(k) to get back full child tax credit and avoid AMT?

Lucky for me, my income is sufficiently high that I lost a good chunk of the child tax credit on my 2010 taxes and also...

1 comments posted 15yrs

posted by jik

1 comments posted 15yrs posted by jik

Business Exepense

In the military you are required by regulation to have your hair a certain length which makes you have to get a hair cu...

2 comments posted 15yrs

posted by cruehrwe

2 comments posted 15yrs posted by cruehrwe

K-1 for PowerShares DBC Held in an IRA

I received a K-1 (Form 1065) from PowerShares DB Commodity Tracking Fund (DBC) for shares that are held in an IRA. Appa...

6 comments posted 15yrs

posted by dave_and_darla

6 comments posted 15yrs posted by dave_and_darla

Order of amending 2009 and filing 2010

Taxpayer bought a business asset in 2007 and started listing it on Form 4562 (Depreciation and Amortization) for that y...

4 comments posted 15yrs

posted by leec

4 comments posted 15yrs posted by leec

Moving out of CA on 1/1/11

Taxpayer moves from California to Arizona on January 1, 2011. Will California hassle the taxpayer in the future if the...

4 comments posted 15yrs

posted by leec

4 comments posted 15yrs posted by leec

dependent age

Hello, My daughter is 25, born in 1985, full-time graduate student at a dental school. Receiving 1098-T. No other income...

7 comments posted 15yrs

posted by fuliopen

7 comments posted 15yrs posted by fuliopen

Self Employeed Health Insurance Deduction

Because of the recent health law change, I understand the health insurance deduction can be deducted from self employem...

12 comments posted 15yrs

posted by mmurrell

12 comments posted 15yrs posted by mmurrell

Why would anyone agree to extend the SOL?

Now and then a post comes up here that mentions the taxpayer agreed to extend the statute of limitations for the IRS. N...

3 comments posted 15yrs

posted by rlc-news

3 comments posted 15yrs posted by rlc-news

What should I do about my Roth conversion?

I converted $200,000 in a trad to a Roth last year. If I pay tax on it this year it will be $60k federal and $10k NYS....

15 comments posted 15yrs

posted by wade

15 comments posted 15yrs posted by wade

CCH Tax News Headlines - February 16, 2011

CCH Tax News Headlines - February 16, 2011 Federal Headlines: 2/16/2011 - _President Expects Successful Rounds of Negot...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

US Citizen residing abroad and earning US income

I'm a US citizen living in India for over a year. I'm self employed working remotely with US based company and earn in...

4 comments posted 15yrs

posted by rahhsi_at_gmail_dot_com

4 comments posted 15yrs posted by rahhsi_at_gmail_dot_com

1098-T Spring/Fall Issue

I am single, rent an apartment, have no dependents, and don?t plan to itemize. So my situation should be pretty simple....

0 comments posted 15yrs

posted by demarcmj

0 comments posted 15yrs posted by demarcmj

EIC for permanent resident married to nonresident

The wife is a US permanent resident, and the husband is a nonresident. They have a US citizen child. If I understand co...

6 comments posted 15yrs

posted by leec

6 comments posted 15yrs posted by leec

tax implications of moving b/w the US and India

Hi, I have a question about the tax implications of moving money back forth between US and India and would appreciate y...

2 comments posted 15yrs

posted by arvind.phd

2 comments posted 15yrs posted by arvind.phd

How do I prove the basis for a non deductible IRA

I have made a non-deductible IRA contribution this year. I do not qualify to make a deductible contribution. As I under...

2 comments posted 15yrs

posted by themightyatlast

2 comments posted 15yrs posted by themightyatlast