Taxes General Forum

72T Calculations Early Distribution without penalty

I have run through 72T calculations to take early distribution on my IRA (I am 55 plus). 1) Is this something I need to...

2 comments posted 16yrs

posted by Rhyolite

2 comments posted 16yrs posted by Rhyolite

Additional IRS Guidance For Home Buyer Credit

The IRS is asking all taxpayers to sign the HUD Settlement statement (if not already signed) before submitting it with...

0 comments posted 16yrs

posted by sfcnm-mtm

0 comments posted 16yrs posted by sfcnm-mtm

Accrued interest

I paid accrued interest on a bond in 2009. The company went bankrupt and I was able to sell the bonds, but never got th...

1 comments posted 16yrs

posted by mjc606

1 comments posted 16yrs posted by mjc606

nonresident rental income in NY

Hi all, I am facing the following situation. I used to be a NY resident but I left the country. I have an EU passport....

1 comments posted 16yrs

posted by michalis0

1 comments posted 16yrs posted by michalis0

dependent daycare FSA and dependent care credit

Can you take both the dependent daycare FSA and dependent care credit? I'm guessing the answer is no, but can't find the...

4 comments posted 16yrs

posted by removeps-groups

4 comments posted 16yrs posted by removeps-groups

Stimuls Money and Federal Taxes

Am on disabilty here and recived a $250.00 stimuls check in 2009.When I filed my federal taxes When I got my refund it...

2 comments posted 16yrs

posted by sidon00

2 comments posted 16yrs posted by sidon00

CCH Tax News Headlines - February 10, 2010

CCH Tax News Headlines - February 10, 2010 Federal Headlines: 2/10/2010 - _President Takes Stance on Health Reform, Enc...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

statute of limitations re refund

Tax year 2005. Due to erroneous 1099 received from a trust, taxpayer reported and paid tax on monies that should not ha...

1 comments posted 16yrs

posted by neilbbaker

1 comments posted 16yrs posted by neilbbaker

Child Tax Credit and Dependent.

I'm wondering how it's possible that an '08 return a filer listed a dependent, while that dependent listed another depe...

5 comments posted 16yrs

posted by techjohnny

5 comments posted 16yrs posted by techjohnny

1099R - direct transfer

If you make a direct transfer from a pension or 401k to an IRA, is the employer required to issue a 1099R since it is a...

3 comments posted 16yrs

posted by kupchik

3 comments posted 16yrs posted by kupchik

Homeowner Exclusion

Is there something that a homeowner needs to do to claim the homeowner exemption if the home is sold in one year but pa...

8 comments posted 16yrs

posted by spamtrap

8 comments posted 16yrs posted by spamtrap

Ponzi scheme victim and manually prepared Form 4684

will be using Rev. Procedure 2009-20 for client to claim 95% of loss as theft (rather than capital loss). The only copy...

2 comments posted 16yrs

posted by brew.one

2 comments posted 16yrs posted by brew.one

NY corp doing business in NJ

A NY S-Corp with no locations in NJ and is a contractor is planning on doing a job in NJ. What if anything must the NY...

1 comments posted 16yrs

posted by neilbbaker

1 comments posted 16yrs posted by neilbbaker

Rental income received in advance

My neighbor bought a rental property in Nov, 2009. Rental agreement with the tenant was sighed on Dec. 2009. The start...

23 comments posted 16yrs

posted by Toubikat

23 comments posted 16yrs posted by Toubikat

CCH Tax News Headlines - February 9, 2010

CCH Tax News Headlines - February 9, 2010 Federal Headlines: 2/9/2010 - _Tips on New Vehicle Sales and Excise Tax Deduc...

1 comments posted 16yrs

posted by TaxService

1 comments posted 16yrs posted by TaxService