Taxes General Forum

Tuition Grant misreported wrong year and incorrect exempt status

A friend of mine thinks she may have misreported too much grant money for tuition last year. She didn't get any money t...

2 comments posted 17yrs

posted by AaronLShumaker

2 comments posted 17yrs posted by AaronLShumaker

CCH Tax News Headlines - January 4, 2009

CCH Tax News Headlines - January 4, 2009 Federal Headlines: - http://tax.cchgroup.com/news/headlines/2009/nws2409.htm#1...

0 comments posted 17yrs

posted by TaxService

0 comments posted 17yrs posted by TaxService

Advice on reporting cash gift

Say someone got a cash gift of say $1000 in 2006, $4000 in 2007 and didn't report it, unaware they were supposed to tre...

3 comments posted 17yrs

posted by ataxquestion

3 comments posted 17yrs posted by ataxquestion

Accountability of "Subsidiary" Covered by a Tax Exempt Letter

What requirements are there for accountability and control of a "satellite" organization by the tax exempt organization...

1 comments posted 17yrs

posted by brownwp

1 comments posted 17yrs posted by brownwp

LLC and Retirement plan

TP has been a sole proprietor for a number of years, has a qualified plan (Solo 401(k) established, and before establis...

0 comments posted 17yrs

posted by spope33

0 comments posted 17yrs posted by spope33

Is THIS a wash sale?

I had the following transactions: 5/15/07 Buy 500 11/18/08 Buy 500 12/8/08 Sell 250 Loss 12/9/08 Buy 250 12/10/08 Sell...

6 comments posted 17yrs

posted by Tom

6 comments posted 17yrs posted by Tom

Working for foreign employer, SS tax issue.

After reading about Geitner's tax troubles, I have a question about working for a foreign company that don't pay SS tax...

6 comments posted 17yrs

posted by po.ning

6 comments posted 17yrs posted by po.ning

May I capitalize my real estate taxes?

Ipay the AMT. My real estate taxes are not deducted. May I add the tax to the cost basis of my property?

10 comments posted 17yrs

posted by nadcixelsyd

10 comments posted 17yrs posted by nadcixelsyd

Company forcing me to take 2009 Minimum Distribution

I have a 401k with John Hancock. I recently received a letter telling me what the MD is for 2009. I contacted them to t...

5 comments posted 17yrs

posted by googlemail2003

5 comments posted 17yrs posted by googlemail2003

Very confused about reporting IRA->Roth transactions on Income Tax

In 2008, I had the following transactions (all with Fidelity): Convert IRA to Roth...........................100,000 Re...

3 comments posted 17yrs

posted by gary_w1

3 comments posted 17yrs posted by gary_w1

Profit Sharing Change on Partnership

I have a situation where one of the partners in a two person Partnership would like 100% of profit/loss sharing unlike...

3 comments posted 17yrs

posted by vj445

3 comments posted 17yrs posted by vj445

CCH Tax News Headlines - February 3, 2009

CCH Tax News Headlines - February 3, 2009 Federal Headlines: - http://tax.cchgroup.com/news/headlines/2009/nws2209.htm#...

0 comments posted 17yrs

posted by TaxService

0 comments posted 17yrs posted by TaxService

Do I really really have to keep track of wash sales?

I had some pretty big capital losses in 2008. Even if the market recovers it will take years to use them up. I have som...

2 comments posted 17yrs

posted by Tom

2 comments posted 17yrs posted by Tom

Non-Qualified Stock Options and Schedule D?

Hello - In 2008 I exercised some of my company stock options I was given in 2002. It was a Cashless transaction. My com...

7 comments posted 17yrs

posted by bons77

7 comments posted 17yrs posted by bons77

Capital Gains

Good morning. I inherited stock from my grandmother when she passed away. My grandmother had a life insurance policy wi...

1 comments posted 17yrs

posted by morganmcgrady

1 comments posted 17yrs posted by morganmcgrady