Taxes General Forum

Interest income on a child's retrun

My childbride is on my case to file all returns by the end of February. This has to do with financial aid for my son go...

6 comments posted 17yrs

posted by rdadams

6 comments posted 17yrs posted by rdadams

business expense

I am a contractor and received a 1099-misc. I used my apartment to conduct the business. Should I report the rent, utili...

1 comments posted 17yrs

posted by rdyang

1 comments posted 17yrs posted by rdyang

New York State tuition itemized deduction

I paid $6000 in tuition for dependents in 2008. On the 1040 I claimed the above the line Tuition and Fees deduction (li...

1 comments posted 17yrs

posted by peg_heffron

1 comments posted 17yrs posted by peg_heffron

Does my daughter have to file?

My 17 year old daughter has a W2 from the ice cream shop she worked in last summer? She earned $2768. She paid $115 in...

4 comments posted 17yrs

posted by spacemancw

4 comments posted 17yrs posted by spacemancw

Nondividend Distribution

Dear NG: I've re-invested the monthly dividends from a mutual fund which, according to my 1099 DIV, turned out to be pa...

5 comments posted 17yrs

posted by kmnugent

5 comments posted 17yrs posted by kmnugent

American Recovery & Reinvestment Act of 2009

Text of Division B (Tax, Unemployment, Health & State Fiscal Relief) http://finance.senate.gov/sitepages/leg/LEG 2009/0...

1 comments posted 17yrs

posted by sfcnm-mtm

1 comments posted 17yrs posted by sfcnm-mtm

Oh no, they did it again...

According to www.dolans.com, "...If you fail to withdraw from a traditional, SEP or Simple IRA in a given year after yo...

9 comments posted 17yrs

posted by lotax

9 comments posted 17yrs posted by lotax

How to correct Gurus?

According to www.dolans.com, "...you'll have to start withdrawing from a traditional, SEP or Simple IRA when you turn 7...

1 comments posted 17yrs

posted by lotax

1 comments posted 17yrs posted by lotax

Question regarding first-time homebuyer credit with joint owners

I purchased a home in August of last year and this is my first home, however, I put my mother's name on the home too so...

1 comments posted 17yrs

posted by waynegib

1 comments posted 17yrs posted by waynegib

First-time home buyer credit and definition of "occupy" for new construction

Hello, My girlfriend and I are buying a house and want to take advantage of the first-time homebuyer tax credit (soon t...

6 comments posted 17yrs

posted by chunews

6 comments posted 17yrs posted by chunews

Partnership Liquidating Distribution

Hi. My question relates to a partnership terminating and the liquidating distribution from it. If the partner receives...

0 comments posted 17yrs

posted by Walt009

0 comments posted 17yrs posted by Walt009

File without adopted child, amend later?

My client had a baby placed in her home last year for the purpose of legal adoption. Although the adoption is not yet f...

1 comments posted 17yrs

posted by leec

1 comments posted 17yrs posted by leec

Form 2210 (AI method) questions Presumab

When using this method you first have to assign income, deductions and credits to a particular quarter. Presumably, for...

7 comments posted 17yrs

posted by bill-deja

7 comments posted 17yrs posted by bill-deja

Rental and Schedule E

Hello, I moved out of my house in Dec 2007. My house was empty for the entire year in 2008. During this time it was lis...

5 comments posted 17yrs

posted by jjkooner

5 comments posted 17yrs posted by jjkooner

CCH Tax News Headlines - February 12, 2009

CCH Tax News Headlines - February 12, 2009 Federal Headlines: - http://tax.cchgroup.com/news/headlines/2009/nws21209.ht...

0 comments posted 17yrs

posted by TaxService

0 comments posted 17yrs posted by TaxService