Taxes General Forum

Distribution from a trust

My mom passed away last April, and she had a trust (actually several trusts)which will be divided up amongst several be...

11 comments posted 16yrs

posted by ronrosenfeld

11 comments posted 16yrs posted by ronrosenfeld

Recommended reading for depreciation of vacation home used for rental too

I have a vacation home (condo in a multi-unit building) that we rent out when we're not using it. Under Pub. 527 it fal...

11 comments posted 16yrs

posted by jtk

11 comments posted 16yrs posted by jtk

second job mileage deduction

I drive a school bus AM and PM. After AM run I come back home and run my small business, then back to my PM bus run. I...

12 comments posted 16yrs

posted by arkiedriver

12 comments posted 16yrs posted by arkiedriver

How is a Roth Conversion taxed?

It is considered earned income? Capital gains? Pension payments? I might or might not have to pay significant taxes in...

5 comments posted 16yrs

posted by Wade

5 comments posted 16yrs posted by Wade

Use of Per Diem Rates on Schedule C

This is a correction to a message I submitted last night (which hasn't been published yet). Please delete the original...

8 comments posted 16yrs

posted by dick.schofield

8 comments posted 16yrs posted by dick.schofield

NY Unemployment - NJ Resident

If a NJ resident's only NY income is unemployment (due to a job the prior year in NY), do they have to file a NY return?...

3 comments posted 16yrs

posted by kupchik

3 comments posted 16yrs posted by kupchik

Unusual tax computation

I'm calculating my 2008 itemized deductions and I'm using the Itemized Deductions Worksheet on page A-10. On line 9, it...

1 comments posted 16yrs

posted by nadcixelsyd

1 comments posted 16yrs posted by nadcixelsyd

How to pay taxes: Credit cards and Bill Pay

1. Effective 22 Feb 2010, it will be illegal to charge a fee for using a credit card unassisted.law include exce Does t...

8 comments posted 16yrs

posted by kaikow

8 comments posted 16yrs posted by kaikow

CCH Tax News Headlines - January 22, 2010

CCH Tax News Headlines - January 22, 2010 Federal Headlines: 1/22/2010 - _Senate Approves Tax Break for Haiti Relief Do...

0 comments posted 16yrs

posted by taxservice

0 comments posted 16yrs posted by taxservice

Do we need to fill Schedule C for sleeping LLC (Sole Prop.) ?

Hi, My wife opened a Sole Prop. LLC in 2008. We did generate some income and filed schedule C for 2008 tax return. The...

3 comments posted 16yrs

posted by dvdwtsn4

3 comments posted 16yrs posted by dvdwtsn4

child away at school a dependent ?

I thought sure the answer was "yes", but can't seem to confirm in IRS pubs ... Child is 21yo, living away from home as...

5 comments posted 16yrs

posted by jge

5 comments posted 16yrs posted by jge

Re: Free File Fillable Forms Aren't-At Least For Me

Aha! I've discovered that there are TWO Free File Fillable Form sites: freefilefillableforms.COM is Adobe Flash based,...

1 comments posted 16yrs

posted by Not

1 comments posted 16yrs posted by Not

IRA RMD again questions?

I presume our Required Minimum Distribution (RMD) holiday is over. Is there a good place to find answers to these quest...

9 comments posted 16yrs

posted by SalmonEgg

9 comments posted 16yrs posted by SalmonEgg

Tax Liability on Publicly Traded Partnership

I bought shares of a PTP in 1998 for about $20,000. According to the annual K1 statement, the capital account is now -$...

7 comments posted 16yrs

posted by nospam

7 comments posted 16yrs posted by nospam

Capital Gains Questions

During 2009 I had approximately $75,000 in net realized capital losses, mostly long-term but some short-term. In the ne...

3 comments posted 16yrs

posted by dontspamme

3 comments posted 16yrs posted by dontspamme