Taxes General Forum

Daughter's educational expenses.

Steven Michelsen asked me to post this for him. My daughter is going to college. In 2009 I contributed about my regular...

2 comments posted 16yrs

posted by rdadams

2 comments posted 16yrs posted by rdadams

How does new Medicare tax on investment income apply?

I read the CCH brief that someone posted a link to. It says that the 3.8% tax on investment income will apply to single...

5 comments posted 16yrs

posted by rlc-news

5 comments posted 16yrs posted by rlc-news

CCH Tax News Headlines - March 25, 2010

CCH Tax News Headlines - March 25, 2010 Federal Headlines: 3/25/2010 - _House Votes to Approve Small Business Tax Legis...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

Get out those Kneepads

I've not slogged my way through the whole thing yet but according to my first scan of the JCT report on the Health Insu...

11 comments posted 16yrs

posted by prm20871

11 comments posted 16yrs posted by prm20871

About Roth conversions

I've mentioned one or two things already about converting a regular IRA to a Roth IRA, the main thing being that if you...

2 comments posted 16yrs

posted by stanleykr

2 comments posted 16yrs posted by stanleykr

IRS Letter saying I owed exactly what I showed on my 2009 return

I received a mystery letter from the IRS last Saturday that said I had a mistake on my 2009 return. The income, deducti...

0 comments posted 16yrs

posted by hrhofmann

0 comments posted 16yrs posted by hrhofmann

Foreign source income--where reported

I have some 1099-DIV mutual fund forms. The highest box number on the form is 7. After this box is an unnumbered box ent...

2 comments posted 16yrs

posted by SalmonEgg

2 comments posted 16yrs posted by SalmonEgg

Longtime homeowner's / homebuyers credit

Client qualifies for the $6500 Longtime homeowner/homebuyer's credit. He purchases (closes) on the house in June 2010....

1 comments posted 16yrs

posted by mmurrell

1 comments posted 16yrs posted by mmurrell

Section 1035 & Incorrect 1099-R

Hi all. In 2009, I transferred the cash value from one insurance policy into another using a section 1035 exchange. The...

2 comments posted 16yrs

posted by kastnna

2 comments posted 16yrs posted by kastnna

Traditional to Roth Conversion-what is deadline for 2009?

If I convert money from a Traditional IRA into a Roth IRA and pay the owed taxes on it from income tax refund for 2009,...

3 comments posted 16yrs

posted by sandyhb6

3 comments posted 16yrs posted by sandyhb6

Guess who got a nastygram today

Well, it's been a long time since the IRS has seen fit to look at my tax returns, but now it's 2007 - mostly itemized d...

1 comments posted 16yrs

posted by tom

1 comments posted 16yrs posted by tom

How to report capital gains for MLP (PTP) when capital account goes negative?

I believe I need to be paying capital gains tax on a MLP (PTP) purchased in 2003. The K-1 in 2008 showed a "beginning c...

0 comments posted 16yrs

posted by njorcle

0 comments posted 16yrs posted by njorcle

Expansion of Medicare tax under health reform

The way I understand the tax increases in the Healthcare package, a new Medicare tax of 3.8% will be applied to almost...

10 comments posted 16yrs

posted by spope33

10 comments posted 16yrs posted by spope33

CCH Tax News Headlines - March 23, 2010

CCH Tax News Headlines - March 23, 2010 Federal Headlines: 3/23/2010 - _House to Consider Jobs Bill Targeting Federal C...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

Money-Grubbing California FTB.

One of my clients now has a SECOND letter from the FTB about not having filed a return (now, 2008). The first letter wa...

10 comments posted 16yrs

posted by spam+newsgroups

10 comments posted 16yrs posted by spam+newsgroups