Taxes General Forum

Real Estate Tax Odd Situation

The property tax on my residence was raised in manner inconsistent with the taxing agencies rules. I was supposed to ge...

5 comments posted 16yrs

posted by TonySivori

5 comments posted 16yrs posted by TonySivori

Anniversary

Dick, Thank you for all your hard work keeping this site running. I don't remember how long I have been accessing this...

0 comments posted 16yrs

posted by CBotella

0 comments posted 16yrs posted by CBotella

Gifting Appreciated Stock to Children

You can gift as much as $13K in appreciated securities to each child without a gift tax and without needing to declare...

2 comments posted 16yrs

posted by persistentone

2 comments posted 16yrs posted by persistentone

Income and interest day?

It is New Year's Eve day as I write in 2009. If I receive a mortgage payment today not due until tomorrow, when is the...

35 comments posted 16yrs

posted by SalmonEgg

35 comments posted 16yrs posted by SalmonEgg

Happy Anniversary

December 30th marks the 14th anniversary of Misc.Taxes.Moderated. It was just one post to say I had figured out how to...

11 comments posted 16yrs

posted by rdadams

11 comments posted 16yrs posted by rdadams

Real estate tax on a property I just sold.

Last September I paid $4,000 in tax on a property I just sold. The buyer gave me $2,300 for the prepaid tax. I presume...

1 comments posted 16yrs

posted by Wade

1 comments posted 16yrs posted by Wade

CCH Tax News Headlines - December 30, 2009

CCH Tax News Headlines - December 30, 2009 Federal Headlines: 12/30/2009 - _Final, Temporary and Proposed Regulations A...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

LLC and mingling

Hi, I formed an LLC for my rental business. It took me 2 months to get my LLC bank account setup (due to multiple reaso...

8 comments posted 16yrs

posted by mashtube

8 comments posted 16yrs posted by mashtube

CCH Tax News Headlines - December 29, 2009

CCH Tax News Headlines - December 29, 2009 Federal Headlines: 12/29/2009 - _Temporary Suspension of AHYDO Rules Extende...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

Capital Gain / Depreciation Recapture Question

Hi, Suppose I have a Capital Gain Tax loss of $11,000 and I have a Depreciation Recapture Tax of $36,000 for the year I...

10 comments posted 16yrs

posted by jw

10 comments posted 16yrs posted by jw

CCH Tax News Headlines - December 28, 2009

CCH Tax News Headlines - December 28, 2009 Federal Headlines: 12/28/2009 - _Senate Approves Health Care Reform Bill; Di...

0 comments posted 16yrs

posted by taxservice

0 comments posted 16yrs posted by taxservice

The lie about the new tax credits: AMT claws them back!

Hi all, My family income is only slightly higher than what the Economic Policy Insitute says a family of five children...

64 comments posted 16yrs

posted by jik

64 comments posted 16yrs posted by jik

Deductions for Donations To Wikipedia or AntiSpyware Developers

Questions regarding US taxes Can one claim a tax deduction for donations to Wikipedia? Can one claim a tax deduction fo...

5 comments posted 16yrs

posted by MajorSetback

5 comments posted 16yrs posted by MajorSetback

Roth IRA conversion from non-deductible traditional IRA

My wife and I exceed the income limits to contribute to a Roth IRA or to get a tax deduction for a traditional IRA, but...

3 comments posted 16yrs

posted by beliavsky

3 comments posted 16yrs posted by beliavsky

Any deductions for funeral expenses?

My husband passed away this year. Are any of the expenses involved with his death and funeral deductible? He died in Fe...

7 comments posted 16yrs

posted by googlemail2003

7 comments posted 16yrs posted by googlemail2003