Taxes General Forum

401K to IRA rollovers

I know that when we leave (or are left from) our job, we can roll our 401K over into our regular IRA, but are rollovers...

1 comments posted 16yrs

posted by stanleykr

1 comments posted 16yrs posted by stanleykr

TaxAct question

I live in MA, and am a first-time user of the TaxAct program. Does anyone know where to put the car excise taxes? I use...

2 comments posted 16yrs

posted by garykrose

2 comments posted 16yrs posted by garykrose

Need clarification re: 10K taken from IRA as "first-time" homebuyer

My wife and I bought our first-ever house in June 2009. We were told that we are allowed to tap into her IRA (tradition...

3 comments posted 16yrs

posted by mystiky2

3 comments posted 16yrs posted by mystiky2

Sec 179 and listed property placed in service at end of year

Taxpayer (sole proprietor) was considering buying a new computer for a while. Upon seeing some attractive post-holiday...

3 comments posted 16yrs

posted by rlc-news

3 comments posted 16yrs posted by rlc-news

IRA inherited - options ?

When my wife's mother died a couple of years ago, each of the kids received a distribution from the mother's IRA. The 1...

13 comments posted 16yrs

posted by pschuman_no_spam_me

13 comments posted 16yrs posted by pschuman_no_spam_me

Professional license fees for retirees?

I am I licensed professional engineer. I am essentially retired. I have little likelihood of ever getting significant i...

4 comments posted 16yrs

posted by SalmonEgg

4 comments posted 16yrs posted by SalmonEgg

Another savings bond question

- Does the Fed provide any sort of form when savings bonds are redeemed? 1099-INT or something like that? My son cashed...

5 comments posted 16yrs

posted by newstrash

5 comments posted 16yrs posted by newstrash

1116 "do over"

I seem to have a conflict of interest between me as trustee and as tax preparer, so I thought I'd ask here. The instruc...

3 comments posted 16yrs

posted by ronnirubin

3 comments posted 16yrs posted by ronnirubin

CCH Tax News Headlines - April 5, 2010

CCH Tax News Headlines - April 5, 2010 Federal Headlines: 4/5/2010 - _Disaster Relief Granted for Massachusetts Severe...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

how to report ssi on parents tax return

Parents elect to report dependant (12 years old) income on their tax return. The dependant receives SSI due to parent's...

7 comments posted 16yrs

posted by neilbbaker

7 comments posted 16yrs posted by neilbbaker

Filing a final return for partnership

We want to file a final return for our partnership. It is general partnership with just me and my friend. We have not d...

3 comments posted 16yrs

posted by 20vtguy

3 comments posted 16yrs posted by 20vtguy

IRA inherited & TurboTax

hi - Just received a thick letter from the IRS - never a good sign. Opened it, hands shaking.... It appears I messed up...

1 comments posted 16yrs

posted by pschuman_no_spam_me

1 comments posted 16yrs posted by pschuman_no_spam_me

2009 trad IRA contribution -> Roth

I'm thinking it may be a good idea to make a 2009 contribution to either a deductable or nondeductable traditional IRA...

2 comments posted 16yrs

posted by 75270_3703a

2 comments posted 16yrs posted by 75270_3703a

Form 4684 Federal Declared Disaster Area

A basement was flooded in a Federally declared disaster area. Looking at Form 4684 it appears "property" is deductible....

0 comments posted 16yrs

posted by 704set

0 comments posted 16yrs posted by 704set

Massachusetts sales tax on automobiles

Suppose.... I have a summer home in New Hampshire but permanent residence in Mass. On May 1st, I purchase a car from a...

1 comments posted 16yrs

posted by nadcixelsyd

1 comments posted 16yrs posted by nadcixelsyd