Taxes General Forum

CCH Tax News Headlines - February 17, 2009

CCH Tax News Headlines - February 17, 2009 Federal Headlines: - http://tax.cchgroup.com/news/headlines/2009/nws21709.ht...

0 comments posted 17yrs

posted by TaxService

0 comments posted 17yrs posted by TaxService

employee business miles

Employee works and lives in Springfield MA. He has an office in Springfield, not a home office. One day a week he trave...

3 comments posted 17yrs

posted by smfwdf

3 comments posted 17yrs posted by smfwdf

Cancellation of debt -- Insolvent -- Form 982

>From every definition I can find, I'm insolvement. I've been trying to work things out and pay at least a portion of m...

2 comments posted 17yrs

posted by johnsimpson

2 comments posted 17yrs posted by johnsimpson

Efile Deadline

I am completing a 2007 tax return for someone in the Army who returned from Iraq a few months ago. There'll be a refund...

2 comments posted 17yrs

posted by michael.bratt

2 comments posted 17yrs posted by michael.bratt

No 1099's under $10 - how can this possibly make sense?

Somebody please explain to me how it can possibly make sense that the Bank of New York is not required to send me 1099-...

10 comments posted 17yrs

posted by jik

10 comments posted 17yrs posted by jik

Mortgage Interest deduction limit for HELOC

Hi , I would really appreciate any help with following . I am thinking about refinancing my mortgage and one of the opt...

7 comments posted 17yrs

posted by sndobo

7 comments posted 17yrs posted by sndobo

Donation of vehicles

Taxpayer donates two vehicles to charity at end of 2008. First one is a 1994 sedan and the other is a 1996 truck. Both...

1 comments posted 17yrs

posted by <bsmiley4965

1 comments posted 17yrs posted by <bsmiley4965

Reportable transfers between accounts?

[I thought I posted this some time back, but haven't seen it appear -- moderator no like?] Every so often I transfer su...

1 comments posted 17yrs

posted by siegman

1 comments posted 17yrs posted by siegman

Reporting Stock options

Friend called me. He says he exercised some employee stock options, which he immediately sold, in 2008. His company inc...

2 comments posted 17yrs

posted by starrin

2 comments posted 17yrs posted by starrin

NJ deduction for taxes paid on rental real estate

In NJ you can get a deduction or a credit for real estate taxes paid. Does this include real estate taxes paid on rental...

1 comments posted 17yrs

posted by kupchik

1 comments posted 17yrs posted by kupchik

Depreciation Schedule - Rental Real Estate

Does anyone have access to a depreciation schedule showing what time frame to depreciate items for rental real estate. I...

1 comments posted 17yrs

posted by kupchik

1 comments posted 17yrs posted by kupchik

Kansas may delay tax refunds

http://www.kansas.com/735/story/701750.htmlBY JEANNINE KORANDA Eagle Topeka bureau TOPEKA - Income tax refunds and stat...

7 comments posted 17yrs

posted by paulthomascpapc

7 comments posted 17yrs posted by paulthomascpapc

Filing Requirements

My mom is 72 years old and lives with us. She has $1,800 in interest earned and $8,000 in rent income. Does she have to...

3 comments posted 17yrs

posted by vj445

3 comments posted 17yrs posted by vj445

NYS Income Adjustment for 529 distribution?!?! (Revised)

"My son paid for college with distributions from his NYS 529 plan. He had income of $30,000, took $40,000 out of his 52...

3 comments posted 17yrs

posted by Tom

3 comments posted 17yrs posted by Tom

NYS Income Adjustment for 529 distribution?!?!

My son paid for college with distributions from his NYS 529 plan. He had income of $30,000, took $40,000 out of his 529...

1 comments posted 17yrs

posted by Tom

1 comments posted 17yrs posted by Tom