Taxes General Forum

Time to reverse IRA distro?

I took a (traditianal) IRA distribution in January. Since then, I've learned that a stock I own (actually, a PTP) will...

1 comments posted 9yrs

posted by gbeccles

1 comments posted 9yrs posted by gbeccles

How long do I have to keep my records for the IRS?

How long do I have to keep my records for the IRS? I had a capital loss 2 years ago ( tax year 2015) which I recorded i...

1 comments posted 9yrs

posted by ginafinnigan

1 comments posted 9yrs posted by ginafinnigan

Estimated Taxes

Hi, My wife has recently started working. This will be her first job in the USA. This job is not withholding taxes from...

3 comments posted 9yrs

posted by r.d.mcewen

3 comments posted 9yrs posted by r.d.mcewen

Capital Gains/Losses  question

Re: Capital Gains/Losses  question I have accumulated capital losses over a few years. I am doing a 1031 exchange. If t...

7 comments posted 9yrs

posted by jessica.beltz

7 comments posted 9yrs posted by jessica.beltz

Info to calculate RMDs

After a little googling, I find I have no need to find out how much I have contributed to my IRAs and SEPs, I just do t...

2 comments posted 9yrs

posted by nojunk

2 comments posted 9yrs posted by nojunk

Suppose I appear on Judge Mathis' TV courtroom?

I was rear-ended in a traffic accident that caused structural damage to my car. While the other party's insurance fixed...

6 comments posted 9yrs

posted by nadcixelsyd

6 comments posted 9yrs posted by nadcixelsyd

Question on K-1s

As an individual filing annual tax returns to the IRS, like W2's, does one have to submit K-1s with a 1040 tax return?

1 comments posted 9yrs

posted by gloriahiltz

1 comments posted 9yrs posted by gloriahiltz

When does helping keep up the house become paying rent?

This question is specifically asking about the technical definition, regardless of how unlikely it may be for the IRS t...

12 comments posted 9yrs

posted by rlc-news

12 comments posted 9yrs posted by rlc-news

"Agency fee" for business and personal insurance policies

I recently changed insurers (and insurance agent) for 2 policies. One of the policies is a "landlord" homeowners policy...

1 comments posted 9yrs

posted by arequipeno

1 comments posted 9yrs posted by arequipeno

how to report PTP gain, if on two forms/schedules?

(Tables below are in fixed-pitch font, which works fine in Free Agent. If this is a problem for other viewers, I can tr...

0 comments posted 9yrs

posted by gbeccles

0 comments posted 9yrs posted by gbeccles

Anyone here knowledgeable with the current Canadian foreign trust law?

I recall that the Canadian foreign trust law requires tax and information filing compliance if a non-Canadian trust has...

2 comments posted 9yrs

posted by m8r.jn1sdp

2 comments posted 9yrs posted by m8r.jn1sdp

1031 question

In a 1031 exchange..... so that I do not have to pay any Capital Gains Taxes do I have to reinvest ALL of the sales pro...

5 comments posted 9yrs

posted by gloriahiltz

5 comments posted 9yrs posted by gloriahiltz

HSA and record retention

How long should I keep information on HSA like deposits, payments for services, etc.?

5 comments posted 9yrs

posted by kurtullman

5 comments posted 9yrs posted by kurtullman

Question on AMT

Question on AMT Re: Line 54 of 1040 - Other Credits. Questions: 1. Does a figure on line 54 have any bearing on the AMT...

0 comments posted 9yrs

posted by gloriahiltz

0 comments posted 9yrs posted by gloriahiltz

Basis for stock received from Crummy Trust?

I received a distribution of stock from a Crummy Trust. I assume my basis is the same as the Trust's, but do not know th...

3 comments posted 9yrs

posted by wade

3 comments posted 9yrs posted by wade