Taxes General Forum

Roth conversion and distribution

Executive summary: Are distributions from Roth _conversions_ (from traditional IRA) free of tax and penalty if the reti...

1 comments posted 6yrs

posted by the_stan_brown

1 comments posted 6yrs posted by the_stan_brown

I sell products on the internet and I MUST now pay Sales Tax; Do You?

I sell products on the internet and I MUST now pay Sales Tax. The Supreme Court of the United States (SCOTUS); in June...

1 comments posted 6yrs

posted by gheebee1

1 comments posted 6yrs posted by gheebee1

How to manage retirement accounts during retirement

I have retirement savings in a few different accounts which include 401k, IRA and a few pension accounts from previous...

1 comments posted 6yrs

posted by mneverisky

1 comments posted 6yrs posted by mneverisky

Installment Sale - Real Estate Inventory

Hi All - I got a question more appropriate for some of you than for me, and I haven't been able to figure it out. An in...

1 comments posted 6yrs

posted by spamtrap

1 comments posted 6yrs posted by spamtrap

California FTB has gone (further) nuts?

Some forms are now only available if you give them your e-mail address so they can e-mail them to you? 2019, 540, Perso...

5 comments posted 6yrs

posted by nospamplease

5 comments posted 6yrs posted by nospamplease

Fidelity showing bogus(?) wash sale

I had several employee stock plan (ESPP) and restricted stock unit (RSU) events in the first half of 2019. 29 March 201...

5 comments posted 6yrs

posted by arequipeno

5 comments posted 6yrs posted by arequipeno

Amended return questions

Taxpayer is facing the question of amending their 2018 returns due to an error, the error having been entering a value...

5 comments posted 6yrs

posted by spope384

5 comments posted 6yrs posted by spope384

LLC question

We are creating a new LLC in FL. We have a simple Family revocable trust. Our attorneys says the LLC should be in the n...

1 comments posted 6yrs

posted by jessica.beltz

1 comments posted 6yrs posted by jessica.beltz

Two IRA questions

1) I have two inherited IRA's, one traditional and one Roth. Fidelity gave me an RMD figure for 2020, which seems right...

3 comments posted 6yrs

posted by dontspamme

3 comments posted 6yrs posted by dontspamme

Estate Form 1041 "Income Required To Be Distributed Currently"?

-- I am the executor of an estate. I am using Turbotax Business 2019 to complete Form 1041 for the estate (discussed in...

6 comments posted 6yrs

posted by honda.lioness

6 comments posted 6yrs posted by honda.lioness

HSA

Re: HSA My husband will be signing up for Medicare in April 2020. He has been a tag along on my HSA for a few years ie...

2 comments posted 6yrs

posted by jessica.beltz

2 comments posted 6yrs posted by jessica.beltz

Calculating imputed interest on installment sale??????????

12 years ago I sold my 30% interest in a building to the 70% owner. Unfortunately there were environmental problems tha...

8 comments posted 6yrs

posted by wadelippman

8 comments posted 6yrs posted by wadelippman

What form, sale of depreciated business assets- sole proprietor- closed business

Our business was destroyed by Hurricane Michael in Oct 2018. No business conducted in 2019. We sold about $2,500 of ass...

8 comments posted 6yrs

posted by nojunk

8 comments posted 6yrs posted by nojunk

Annual Exemption

Re: Annual Exemption We want to use the annual gift  exemption and give our kids a few dollars. Our children are over 2...

11 comments posted 6yrs

posted by jessica.beltz

11 comments posted 6yrs posted by jessica.beltz

SS-4 Line 10

Hi - I just had a question about SS-4 line 10. If the reason for applying for an EIN is "Started a new business," it th...

4 comments posted 6yrs

posted by spamtrap

4 comments posted 6yrs posted by spamtrap