Taxes General Forum

Free File Fillable Forms

I have a foreign resident US citizen, and have a foreign mailing address, so I can not use e-file with Free File Fillab...

4 comments posted 15yrs

posted by larry.israel

4 comments posted 15yrs posted by larry.israel

RMD for Inherited IRA

Extracted from Publication 590 > Miscellaneous Rules for Required Minimum Distributions ... > More than one IRA. If you...

6 comments posted 15yrs

posted by john.beurket

6 comments posted 15yrs posted by john.beurket

CCH Tax News Headlines - January 18, 2011

CCH Tax News Headlines - January 18, 2011 State Headlines: 1/18/2011 - _New Jersey --Personal Income Tax: Claim of Righ...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

CA Contacting Income Earners Who Did Not File in 2009

I'm reproducing the CA FTB Press Release in its entirety (including the typos) as it sheds some light on how CA tax aut...

5 comments posted 15yrs

posted by sfcnm-mtm

5 comments posted 15yrs posted by sfcnm-mtm

18 month CD held in two names

my wife and mother-in-law have a low 4 figures CD with a local bank, held in 18 month CD and the interest is rolled aut...

5 comments posted 15yrs

posted by erich

5 comments posted 15yrs posted by erich

Foreign Income Exclusion

I've posted here before about tax issues with me marrying a Canadian citizen... I found a new angle, tell me if this is...

7 comments posted 15yrs

posted by dontspamme

7 comments posted 15yrs posted by dontspamme

Estate 1041 Beneficiaries Sch. K-1

I am preparing the final 1041 for a small estate where the parent's home was sold at a loss. The estate made no income....

13 comments posted 15yrs

posted by nowhere

13 comments posted 15yrs posted by nowhere

Can't close MM IRA

About three years ago I transferred ( directly into a CD at my bank) 100% of a Roth IRA MM account at Profunds and last...

9 comments posted 15yrs

posted by rc

9 comments posted 15yrs posted by rc

CCH Tax News Headlines - January 17, 2011

CCH Tax News Headlines - January 17, 2011 Federal Headlines: 1/17/2011 - _IRS Opens Filing Season (IR-2011-4, IR-2011-5...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

Medical expenses incurred one year, invoiced and paid the next

Which year can the 1040 deduction take place (assuming the 7.5% threshold has been met?) I'm guessing the year they were...

5 comments posted 15yrs

posted by gindie

5 comments posted 15yrs posted by gindie

Minimum distribution - inherited IRA

My husband died in 2010 at age 74. He had been taking annual distributions, using the fractional divisor from a table p...

4 comments posted 15yrs

posted by WOODeSTOCKe

4 comments posted 15yrs posted by WOODeSTOCKe

Rental selling expenses in 2010 but will sell in 2011, tax effect?

Put much $$$ in 2010 into prepping a rental property for sale, but due to the slow housing market it is still unsold. C...

10 comments posted 15yrs

posted by fakeAddressHey

10 comments posted 15yrs posted by fakeAddressHey

Question about increased 401k contribution due to disallowed deduction (Sole Proprietorship)

In case a business expense deduction is disallowed as a result of an audit, adjusted gross income will increase, and th...

1 comments posted 15yrs

posted by jbliss1234

1 comments posted 15yrs posted by jbliss1234

CCH Tax News Headlines - January 14. 2011

CCH Tax News Headlines - January 14. 2011 Federal Headlines: 1/14/2011 - _IRS Allows More Small Tax-Exempt Organization...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

Return of Capital on Schedule K-1?

What is the proper place for return of capital on a Schedule K-1? A return of capital on the 1099-DIV appears in cell 3...

1 comments posted 15yrs

posted by persistentone

1 comments posted 15yrs posted by persistentone