Taxes General Forum

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Amending PA return after leaving state?

My son needs to amend his 2019 PA return. He paid state income tax on some Treasury bonds and they should have been exe...
1 comments posted 5yrs
posted by wadelippman
1 comments posted 5yrs posted by wadelippman

Repay Long Term Disability Claim

Taxpayer was awarded social Security and received a payment of $60686 for benefits for 2018-2019-2020. Hartford Life ma...
4 comments posted 5yrs
posted by geoanthony1937
4 comments posted 5yrs posted by geoanthony1937

Nonresident Alien Income Reporting

A nonresident alien is buying stock through some on-line apps. Those who run the apps sent him a 1099 for something. Sh...
2 comments posted 5yrs
posted by spamtrap
2 comments posted 5yrs posted by spamtrap

California 2020 form 540 Personal Income Tax

For the first time, this form is asking for not only the address you always have provided, but the address of your prin...
16 comments posted 5yrs
posted by nospamplease
16 comments posted 5yrs posted by nospamplease

State tax after moving

We live in NY. In 2020 our daughter finished school in MA and got a job there. Since she spent about 98% of her time in...
1 comments posted 5yrs
posted by johnl
1 comments posted 5yrs posted by johnl

Re: Form 1099 (interest income) from IRS?? [revised]

> I have a "form 1099" saying they are reporting interest > income of $177.36, I am not sure who it is from. > It only...
5 comments posted 5yrs
posted by sethwalkerpoetry
5 comments posted 5yrs posted by sethwalkerpoetry

EIDL & PPP Tax Issues

I own a one-employee C-Corp. I am the only employee. We do consulting, so it is a Personal Service Corporation. To avoi...
0 comments posted 5yrs
posted by vicroberts
0 comments posted 5yrs posted by vicroberts

Using Form 8453 properly

I have a bad debt. 453 says to enter it on 8949 and attach a statement explaining it in detail. Turbotax says 8453 can...
1 comments posted 5yrs
posted by wadelippman
1 comments posted 5yrs posted by wadelippman

TT--1099--how much detail

I use TT Deluxe desktop. Let?s say I get a new 1099 INT form in the mail from a bank, XYZ. Now this form contains the i...
2 comments posted 5yrs
posted by moo
2 comments posted 5yrs posted by moo

How to report net profit from PredictIt.org?

I was fooling around with PredictIt.org for the first time this election cycle (there was a lot of free money waiting t...
2 comments posted 5yrs
posted by rlcarr
2 comments posted 5yrs posted by rlcarr

Considering retirement in Serbia

Hi, My wife's Serbian, and we are both US citizens. We are contemplating buying a property in Belgrade, that we might w...
0 comments posted 5yrs
posted by ashwin.kalbag
0 comments posted 5yrs posted by ashwin.kalbag

Small business tax question

1. Does a business (small LLC bus) have to be profitable to be able to have a HRA and The Small Employer Health Premium...
0 comments posted 5yrs
posted by jessica.beltz
0 comments posted 5yrs posted by jessica.beltz

Gift of rental property

My 90 yr old client gifted 4 rental properties and her personal residence to her grandson. I understand that his basis...
4 comments posted 5yrs
posted by geoanthony0125
4 comments posted 5yrs posted by geoanthony0125

Missing IRS refund

I have a client that has not yet received their 2019 Federal income tax refund. Return was e-filed in June 2020. Direct...
6 comments posted 5yrs
posted by chtax
6 comments posted 5yrs posted by chtax