Taxes General Forum

Pooled Special Needs Trust confusion

Not sure if this is the place to ask the question. I'm hoping it is: My daughter's father is in a nursing home in Flori...

1 comments posted 8yrs

posted by jblatz2

1 comments posted 8yrs posted by jblatz2

Two Jobs, Same Employer

This is a followup to a question I asked a little while ago. I can't find any authority, and wonder if anyone has any a...

4 comments posted 8yrs

posted by spamtrap

4 comments posted 8yrs posted by spamtrap

Gifts from a joint account?

My wife and I both want to give our son a $14,000 gift. All we have is a joint checking account. Can we each write him a...

5 comments posted 8yrs

posted by wade

5 comments posted 8yrs posted by wade

Simultaneous Employment Contracts

A client was offered two job contracts for the same company. The first contract is as a consultant, as an employee, for...

3 comments posted 8yrs

posted by spamtrap

3 comments posted 8yrs posted by spamtrap

Question on exchange

Can an individual do two 1031 exchanges in one calendar year? Any IRS ramifications? Any rules on this?

3 comments posted 8yrs

posted by jessica.beltz

3 comments posted 8yrs posted by jessica.beltz

Re: Tax on core charge...

> Hello everybody. > This has happened several times to me and if someone could > explain what is going on, I'd be grat...

3 comments posted 8yrs

posted by kencheckeye

3 comments posted 8yrs posted by kencheckeye

Roth IRA for prisoner

I have a friend who is in her early 20's and incarcerated for probably another 2-3 years. Despite making a horribly bad...

11 comments posted 8yrs

posted by dontspamme

11 comments posted 8yrs posted by dontspamme

IRS PTIN System now accepting renewals for the 2018 filing season.

One quirk I noted: I also renewed my EA status this year (2017), and the PTIN system did NOT pick up the new expiration...

0 comments posted 8yrs

posted by spam

0 comments posted 8yrs posted by spam

Go Fund Me

I have a freind, whose daughter encountered a major (not totally insured) medical issue. They started a Go Fund Me page...

9 comments posted 8yrs

posted by dave

9 comments posted 8yrs posted by dave

Will this reported to the irs?

My question is: will a 1099b be reported to the irs, if it shows a net loss for all futures transactions for the year?...

1 comments posted 8yrs

posted by zimlev

1 comments posted 8yrs posted by zimlev

Medicare deductions and Social Security?

My wife gets $1,000 a month Social Security. They deduct $400 a month for Medicare; so her check is $600. What goes on...

3 comments posted 8yrs

posted by wade

3 comments posted 8yrs posted by wade

Short term gain or long term gain?

What happens if there are multiple parts to my basis? For example: suppose I bought some vacant vacation land three yea...

2 comments posted 8yrs

posted by nadcixelsyd

2 comments posted 8yrs posted by nadcixelsyd

6 Month Extension For 1040, Question ?

Hello, A family member back in April took out that 6 month automatic extension for their 1040. Due to illness, and othe...

4 comments posted 8yrs

posted by rgsros

4 comments posted 8yrs posted by rgsros

1040 Sch E question

1040 Sch E question On Sch E page 2 there are columns for Passive and Non Passive Income from K-1. If the amount is ent...

2 comments posted 8yrs

posted by jessica.beltz

2 comments posted 8yrs posted by jessica.beltz

Tenant Walks Out - What is deductible?

A tenant was renting an apartment and paying rent. As part of the deal, tenant paid electric and water bills. For 6 mon...

13 comments posted 8yrs

posted by njoracle

13 comments posted 8yrs posted by njoracle