Taxes General Forum

CCH Tax News Headlines - January 6 & 7 2011

CCH Tax News Headlines - January 6 & 7 2011 Federal Headlines: 1/6/2011 - _Safe Harbors Provided for Modified Mortgage...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

Charitable deduction at end of year

On December 31, 2010, I made some charitable contributions with a credit card. Which of the following are deductible on...

2 comments posted 15yrs

posted by NoSpam

2 comments posted 15yrs posted by NoSpam

Amended taxes question

I recently filed amended 2009 federal and state tax returns. Will I be able to deduct the tax payment I made to the sta...

2 comments posted 15yrs

posted by bobster

2 comments posted 15yrs posted by bobster

Sold stock on Dec 31, settlement date is 2011, when is tax date

I sold stock on Dec 31, in a brokerage account. The settlement date is in 2011. Since I had the $$ available for tradin...

11 comments posted 15yrs

posted by hrhofmann

11 comments posted 15yrs posted by hrhofmann

Business - start-up costs

If a client of a new small business has start up costs in 2010, but no income, how should these expenses be reported? Ca...

5 comments posted 15yrs

posted by kupchik

5 comments posted 15yrs posted by kupchik

Mystery entry on Frontier Communications annual statement

I just got my annual 1099-Div statement from Frontier Communications. The stock (192 Shares) itself was received during...

2 comments posted 15yrs

posted by hrhofmann

2 comments posted 15yrs posted by hrhofmann

under which year I owe taxes

Thanks in advance I was mailed a check on December 31, I only received it today, January 5, 2011 It will be under 1099...

5 comments posted 15yrs

posted by policestream

5 comments posted 15yrs posted by policestream

Two unrelated questions

1) I received a paycheck on 1/4/2011, for pay period 12/1/2010 to 12/15/2010. Even though I received the pay in 2011, i...

2 comments posted 15yrs

posted by odiegoogle

2 comments posted 15yrs posted by odiegoogle

CCH Tax News Headlines - January 5, 2011

CCH Tax News Headlines - January 5, 2011 Federal Headlines: 1/5/2011 - _Filing Deadline Extended to April 18; Taxpayers...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

Med deductions for a dependent

My 90 y.o. MIL has been our IRS dependent for over ten years. In '10 she has cost us an appreciable amount in medical s...

2 comments posted 15yrs

posted by chip.a.wood

2 comments posted 15yrs posted by chip.a.wood

Roth Conversion

I am 79 years old, long retired and subject to required minimum distributions. There is often an excess of distribution...

19 comments posted 15yrs

posted by wlslaton

19 comments posted 15yrs posted by wlslaton

CCH Tax News Headlines - January 4, 2011

CCH Tax News Headlines - January 4, 2011 Federal Headlines: 1/4/2011 - _Corporate Partner Entitled to Credits for Rehab...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

Emergency Medical Expenses while on business travel

I was travelling outside the country last year while on a business trip and met with an accident, requiring a couple of...

2 comments posted 15yrs

posted by jbliss1234

2 comments posted 15yrs posted by jbliss1234

When are Lottery Winnings taxable.

I had a (very) small lottery win late in late 2010, but have not yet collected the winnings. Is the win taxable on my 20...

64 comments posted 15yrs

posted by bill-deja

64 comments posted 15yrs posted by bill-deja

Option To Pay ALL Roth Convert Tax in 2011

Just wondering, A unique situation might make it more advantageous for me to take ALL of my 2010 Roth IRA Conversation...

8 comments posted 15yrs

posted by bernardnewman1960

8 comments posted 15yrs posted by bernardnewman1960