Taxes General Forum

non-US resident/citizen inherites US assets

Is it something straight-forward for a non US resident/citizen (not a spouse) to inherits US assets? From the tax perspe...

0 comments posted 17yrs

posted by myinterest

0 comments posted 17yrs posted by myinterest

question on life insurance payout

The primary beneficiary of my life insurance is my wife, and the secondary is my son. What if all of us die in a single...

4 comments posted 17yrs

posted by myinterest

4 comments posted 17yrs posted by myinterest

Rental Property Depreciation Questions

I have two residential rental properties that have been in service beginning in the 2000 tax year and have a few questi...

22 comments posted 17yrs

posted by dfouste

22 comments posted 17yrs posted by dfouste

What happens with inadvertant excessive estimated state taxs...

I know the IRS will deny deductions for excessive state taxes paid just to get a deduction. But what happens if I pay $...

5 comments posted 17yrs

posted by jack

5 comments posted 17yrs posted by jack

Do I understand AMT?

AMT has two basic provisions: 1) Most deductions are lost.(specifially state income tax and real estate tax) 2) The tax...

7 comments posted 17yrs

posted by jack

7 comments posted 17yrs posted by jack

Which Tax Form

A friend of mine is hiring a company back in India to do software work. Now this would classify the Indian company as a...

2 comments posted 17yrs

posted by harryparker77

2 comments posted 17yrs posted by harryparker77

response from the board

I've had to change my "From" email as shown above. So now I get a nice "thank you" for posting response from some guy n...

7 comments posted 17yrs

posted by lunstax

7 comments posted 17yrs posted by lunstax

Does real estate depreciation ever become non taxable.

Somebody told me that I did not have to save information on depreciation taken on real estate - if it was taken prior t...

10 comments posted 17yrs

posted by mike

10 comments posted 17yrs posted by mike

Electronic Commerce and Multijurisdictional Taxation

In electronic commerce what generally constitutes a presence for the pourpose of having to collect and or pay taxes? Do...

1 comments posted 17yrs

posted by usenet200800708.20.awake

1 comments posted 17yrs posted by usenet200800708.20.awake

journalist instigators on tax effects of stock market drop

I read two articles recently from leading news organizations that seemed primarily designed to incite unhappiness and r...

5 comments posted 17yrs

posted by makbo

5 comments posted 17yrs posted by makbo

any tax reason for saving 401(k) statements

Are there any TAX reason for saving old 401(k) statements that may show any of the contributions by date and total amou...

5 comments posted 17yrs

posted by mike

5 comments posted 17yrs posted by mike

Disposition Of Lehman Brothers Shares

Two years ago, I was fortunate to be able to purchase shares of a new limited edition Lehman Brothers preferred stock....

10 comments posted 17yrs

posted by wbrenner

10 comments posted 17yrs posted by wbrenner

economic stimulus payment question

So after finally filing my 2007 taxes in mid-October, I get a form letter from the IRS telling me I'll be getting a che...

2 comments posted 17yrs

posted by way111

2 comments posted 17yrs posted by way111

24 year old not living at home

My cousin called me with this problem. I told her to call my brother Michael, but he told her to call me. Her son just...

3 comments posted 17yrs

posted by rdadams

3 comments posted 17yrs posted by rdadams

Tax Return a 91 Year Old Woman

I am about to be finagled into preparing a tax return. The last time I prepared a tax return was for Susan shortly afte...

32 comments posted 17yrs

posted by rdadams

32 comments posted 17yrs posted by rdadams