Taxes General Forum

Existing Homebuyers Credit, a scenario with a twist.

My clients have owned and resided in a home for the past six years. In 2009 they bulldozed the house. In January 2010 t...

7 comments posted 16yrs

posted by dwtaxguy

7 comments posted 16yrs posted by dwtaxguy

What do I need to send in to amend my 2007 1040?

I just found out I didn't know how to use Taxcut, and failed to file a 1116 in 2007. I deserve a refund. Is it just a m...

5 comments posted 16yrs

posted by Wade

5 comments posted 16yrs posted by Wade

Does the US or Canadian govt have first dibs for my tax money?

I am a US citizen and moved to Canada over a year ago. I am a resident here and own a home that I live in here. All my...

24 comments posted 16yrs

posted by johngilmer

24 comments posted 16yrs posted by johngilmer

how early can one file for an extension ?

Sort of a hypothetical strategy question ... I am "bunching" deductions; 2010 will be an "itemized" year, so I want to...

11 comments posted 16yrs

posted by jge

11 comments posted 16yrs posted by jge

confused about EFTPS

I am profoundly confused about EFTPS. I wish to file for the automatic 6-month extension for 2009 and pay what I think...

6 comments posted 16yrs

posted by jge

6 comments posted 16yrs posted by jge

CCH Tax News Headlines - March 22, 2010

CCH Tax News Headlines - March 22, 2010 Federal Headlines: 3/22/2010 - _House Passes Comprehensive Health Care Reform B...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

Venting about Turbotax

Not sure if this belongs here... I used Turbotax, and when I downloaded my transactions from Vanguard, it had all my sa...

4 comments posted 16yrs

posted by dontspamme

4 comments posted 16yrs posted by dontspamme

Tax changes persuant to health care bill?

Does anyone have a pointer to a succinct list of the tax changes made by the health care bill (and expected to be made...

20 comments posted 16yrs

posted by rlc-news

20 comments posted 16yrs posted by rlc-news

Online v. CD tax prep (TurboTax)?

I have an aversion to using online tax prep services. I don't like all that personal information together with my SSN s...

0 comments posted 16yrs

posted by whatsup31415

0 comments posted 16yrs posted by whatsup31415

Share Calculation Software for Partnerships

Does anyone sell software that would assist with the calculation of the number of shares to issue a new partner in a pa...

0 comments posted 16yrs

posted by persistentone

0 comments posted 16yrs posted by persistentone

Studying knowledge-sharing on misc.taxes.moderated

Hello to all MTM'ers, It's been a while since you last heard of me, but I'm Enrique Murillo, who in the past conducted...

7 comments posted 16yrs

posted by dr.e.murillo

7 comments posted 16yrs posted by dr.e.murillo

K-1 to IRA from PTP and loss on sale of entire interest

Hi, I have a K-1 from a PTP that was held in a rollover IRA. The shares in the PTP were purchased by, and entirely liqu...

2 comments posted 16yrs

posted by kmsobie

2 comments posted 16yrs posted by kmsobie

educational expenses

Hi, My wife is going to school for her Ph.D.. I have a few questions on how I can get a tax credit for these expenses a...

1 comments posted 16yrs

posted by arvind.phd

1 comments posted 16yrs posted by arvind.phd

Foreign tax credit gets carried forward, but not the income?

Every year I have $1,000 in foreign taxes on $5,000 of foreign income. I have little other income and large deductions,...

1 comments posted 16yrs

posted by Wade

1 comments posted 16yrs posted by Wade

Form 1041 Schedule K-1

On F1041, there are lines for deductions for professional fees, fiduciary fees, etc. On K-1, there are lines for variou...

7 comments posted 16yrs

posted by mirss7c1001

7 comments posted 16yrs posted by mirss7c1001