Taxes General Forum

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

Rebate taxable or not?

I'm separating the two issues relating to my solar battery, to keep things clearer. The other issue is that I get a reb...
0 comments posted 4yrs
posted by the_stan_brown
0 comments posted 4yrs posted by the_stan_brown

Form 990 and attaching the 8453-EO

I am having trouble getting the form 8453-EO to attach as a PDF in the 990 tax return. H&R Block seem to be clueless. I...
0 comments posted 4yrs
posted by Yolanda
0 comments posted 4yrs posted by Yolanda

Non-Processed Amended Return and Reporting AGI

My sister had to file an amended return for 2020 after she received updated information from her broker last Spring aft...
4 comments posted 4yrs
posted by vicroberts
4 comments posted 4yrs posted by vicroberts

Gambling Winnings

Is the following true: If you are playing a slot machine or video poker machine, any single spin winning more than $120...
14 comments posted 4yrs
posted by dontspamme
14 comments posted 4yrs posted by dontspamme

Used HSA Card on non-Medical item by mistake

This is a silly little problem but it caused some consternation for a friend of mine. Person used an HSA Debit card int...
6 comments posted 4yrs
posted by fredwlin
6 comments posted 4yrs posted by fredwlin

Ignore basis in IRA

Consider this possible scenario: ========== A taxpayer has a traditional IRA some 30-40 years ago, consisting solely of...
3 comments posted 4yrs
posted by the_stan_brown
3 comments posted 4yrs posted by the_stan_brown

Casual eBay Sellers and new 1099-K Policy

Casual eBay sellers are up in arms over the new rule for 2022 that requires 1099-K for sellers with $600 or more in sal...
9 comments posted 4yrs
posted by rick
9 comments posted 4yrs posted by rick

1031 exchange with land sale for vacation home

I purchased a vacant lot in my sub-division (catty-corner to the lot my house is on) 20+ years ago. I want to sell it t...
2 comments posted 4yrs
posted by johngeyles
2 comments posted 4yrs posted by johngeyles

keep returns--how many years

I seem to vaguely recall that one should retain 7 years worth of returns/supporting documents. I have quite a few carto...
7 comments posted 4yrs
posted by moo
7 comments posted 4yrs posted by moo

Income Taxed by Two States

When someone has income that can be taxed by two countries, there are tax treaties that essentially prevent the person...
3 comments posted 4yrs
posted by spamtrap
3 comments posted 4yrs posted by spamtrap

Why does this not surprise me about the IRS?

Client (whose return is on extension) gives me their information a couple of days ago - multiple W-2s and a few other f...
1 comments posted 4yrs
posted by chtax
1 comments posted 4yrs posted by chtax

1099-K for Family Transactions

A person owns a vacation home. He doesn't rent it out and doesn't try to make money on it. But he does let family membe...
7 comments posted 4yrs
posted by spamtrap
7 comments posted 4yrs posted by spamtrap

Single Empoyee Worker Cooperative

I am filling out a form for COVID relief from my state government. My company is a C Corporation with a single employee...
1 comments posted 4yrs
posted by vicroberts
1 comments posted 4yrs posted by vicroberts

Sub S election - Late Filing Relief

LLC wishes to elect Sub S status to take advantage of California's new pass-trough entity tax law related to SALT. It i...
2 comments posted 4yrs
posted by nospamplease
2 comments posted 4yrs posted by nospamplease