Taxes General Forum

K1 1065 box 1

I'm using online tax preparation and have several MLP K1s (1065) They all show a loss in box 1 except for one that show...

6 comments posted 16yrs

posted by prpfeif_NOSPAM_

6 comments posted 16yrs posted by prpfeif_NOSPAM_

UTMA Account Transferred to Custodians Account by Bank Error

We had $24k in an UTMA CD account in my daughter's name (she is 4) and when the CD matured the bank somehow screwed up...

6 comments posted 16yrs

posted by themightyatlast

6 comments posted 16yrs posted by themightyatlast

Purchasing a PTP within your Sep-IRA

I think this was discussed a little while ago, but never having run into the situation, I didn't pay too much attention...

8 comments posted 16yrs

posted by CBotella

8 comments posted 16yrs posted by CBotella

Any tricks for reporting savings bonds?

In 2009, my son redeemed a bunch of savings bonds to pay for the next college semester. They were purchased for him by...

5 comments posted 16yrs

posted by newstrash

5 comments posted 16yrs posted by newstrash

US citizens residing in a foreign country.

I have asked this question before. My solution was to tack a note to my return. But this time I am e-filing. I am helpi...

7 comments posted 16yrs

posted by po.ning

7 comments posted 16yrs posted by po.ning

Employer HIRE Act Guidance

Latest info for employers on procedures: BNA Write-UP: http://www.bnasoftware.com/News_Articles/News/IRS_Officials_Clar...

0 comments posted 16yrs

posted by sfcnm-mtm

0 comments posted 16yrs posted by sfcnm-mtm

what is investment income for the medicare tax

Reading the law about the tax on investment income I'm thoroughly confused. ??(c) NET INVESTMENT INCOME.?For purposes o...

1 comments posted 16yrs

posted by removeps-groups

1 comments posted 16yrs posted by removeps-groups

CCH Tax News Headlines - April 2, 2010

CCH Tax News Headlines - April 2, 2010 Federal Headlines: 4/2/2010 - _IRS Issues Nonconventional Source Fuel Credit, In...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

What is stopping us from filing directly with IRS or state?

I am back to using the unpleasant TurboTax after an even more unpleasant encounter with TaxCut. What is preventing us f...

20 comments posted 16yrs

posted by SalmonEgg

20 comments posted 16yrs posted by SalmonEgg

CCH Tax News Headlines - April 1, 2010

CCH Tax News Headlines - April 1, 2010 Federal Headlines: 4/1/2010 - _President Signs 30-Day Federal Aviation Excise Ta...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

tax credit for small businesses

In reading the new health care law, I see that there is a credit of 35% for small businesses (fewer than 10 employees,...

10 comments posted 16yrs

posted by removeps-groups

10 comments posted 16yrs posted by removeps-groups

1099-C insolvency question

Do I base insolvency on when I received the 1099-C, Jan 2010 ? Or when the debt was cancelled, May 2009 ? thanks

1 comments posted 16yrs

posted by kappo50

1 comments posted 16yrs posted by kappo50

IRA and 401K Contribution Limits

A friend of mine, 58 years and about 50K per year income wants to know the maximum contribution he is allowed for his w...

3 comments posted 16yrs

posted by aturchin46

3 comments posted 16yrs posted by aturchin46

is sales tax on marijuana legal?

Publication 61 says PRESCRIPTION MEDICINES ? Sales of medicines are exempt from sales and use taxes if 1) prescribed fo...

11 comments posted 16yrs

posted by removeps-groups

11 comments posted 16yrs posted by removeps-groups

CA question

California resident sold a property they owned in PA. They will be paying PA income tax on the sale of this property. I...

1 comments posted 16yrs

posted by CBotella

1 comments posted 16yrs posted by CBotella