Taxes General Forum

Modified Adjusted Gross Income

I got a question from someone who has subsidised health insurance under the Affordable Care Act. He received an inherit...

6 comments posted 7yrs

posted by spamtrap

6 comments posted 7yrs posted by spamtrap

GAMBLING WINNING WITHHOLDING

Realize there a various levels tax reporting(W2G) on gambling winnings in a casino. What requirements make it mandatory...

3 comments posted 7yrs

posted by bh2os62

3 comments posted 7yrs posted by bh2os62

Sr. Citizen And Turbo Tax Quest., Please ? (Sch. 1)

Hello, Sr. Citizen now, very, so please bear with me a bit. For the first time ever, I thought I would try to pull myse...

4 comments posted 7yrs

posted by rgsrose

4 comments posted 7yrs posted by rgsrose

Where would I enter this information in the 2018 IRS Form 1040

Where are the lines below (2017 IRS 1040 form) in the 2018 IRS 1040 form? 2017 1040 Line 14 Other gains and losses (Sec...

1 comments posted 7yrs

posted by ritagoldman101

1 comments posted 7yrs posted by ritagoldman101

Still not getting a clear answer on this simple wash sale query

Let me try again. Let's say on 2/25 I buy 500 sh. of XYZ in my traditional IRA account and do the same in my regular br...

1 comments posted 7yrs

posted by moo

1 comments posted 7yrs posted by moo

Roth Contribution

Can I make a Roth contribution for my 1099 MISC (from earned income) If the taxable amount is zero since I used the abo...

1 comments posted 7yrs

posted by bh2os62

1 comments posted 7yrs posted by bh2os62

statement for the 250-hour safe harbor for 199A was missing – Amend?

When a statement for the 250-hour safe harbor for 199A was missing on an LLC return, should an Amended return be filed w...

0 comments posted 7yrs

posted by james

0 comments posted 7yrs posted by james

How document step-up basis for 8949 Box E "exception 2"?

Frankly, I think this is a no-brainer. But I'm looking for a qualified second opinion. Due to a basis step-up, the basi...

4 comments posted 7yrs

posted by joeu2004

4 comments posted 7yrs posted by joeu2004

Can eFiles be "cancelled" after submission?

Is there a grace period (hopefully several days) during which a successful eFile can be "cancelled"? There is a grievou...

2 comments posted 7yrs

posted by joeu2004

2 comments posted 7yrs posted by joeu2004

eFile directly with IRS, Callif FTB; no middleman?

Is it possible to eFile with the IRS and Calif FTB directly, with no middleman? I use TurboTax (PC version, not online)...

2 comments posted 7yrs

posted by joeu2004

2 comments posted 7yrs posted by joeu2004

Form 8949 Box A/B/D/E checked: what is and is not reported to the IRS?

I receive a "consolidated" 1099-B from my broker. It has separate sections for ST gains/losses with Box A and Box B che...

3 comments posted 7yrs

posted by joeu2004

3 comments posted 7yrs posted by joeu2004

Yet another wash sale query

So confusing! On 2/23 I bought XYZ in both my regular account and my IRA. XYZ is now showing a loss. I would like to ta...

8 comments posted 7yrs

posted by moo

8 comments posted 7yrs posted by moo

Will this trigger Wash Sale Rule

Joint regular account with my wife, under my SS number. Suppose I buy XYZ 2 weeks ago and sell it today at a loss. I wa...

1 comments posted 7yrs

posted by moo

1 comments posted 7yrs posted by moo

Calculating payroll withholding for small (tiny!) business?

I run a patent law firm, and I occasionally have law students work for me part-time. I don't write enough payroll check...

1 comments posted 7yrs

posted by google

1 comments posted 7yrs posted by google

Taxes on US bond EFTs?

I think I screwed up. I own two funds that invest 100% in US Bonds; VANGUARD SCOTTSDALE FDS INTER TERM TREAS, and ISHAR...

4 comments posted 7yrs

posted by wade

4 comments posted 7yrs posted by wade