Latest threads in Taxes General Forumshow only best voted threads

Subject Author Posted Replies
 
Wash sales on a liquidated account
I'm having problems finding a tax code or IRS statement on point. Is it accurate to say that there is no wash sale when you liquidate your holdings even if you bought a "replacement" security days...
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social security
can I pay into social security if I am a part time teacher under contract ?
 
Tax lien amount is wrong
I failed to file several years returns. So the irs filed for me with a substitute return. Then I had a tax lien filed on me. If I go back a file returns for the years that were substitute returns, it...
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In which year shoud I report the tax refund?
I filed my 2015 State tax return in Oct 2016 (with extension) -- with the over payment to be applied to 2016 State taxes. However, the State sent me a bill claiming I owe them taxes -- because they...
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Travel costs when purchasing a rental property
My spouse and I took a trip upstate to look for a new rental property. We found a place we liked and we signed a contract while we were there. We'll return in a month for the closing. Are the travel...
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1099B reports to the IRS problem
I changed brokerages last year. The old brokerage sold the partial shares of each stock (I reinvest all dividends) before transferring the account to the new brokerage. The 1099B of the old brokerage...
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1099-R Box 2B
I am doing my mother-in-laws taxes using TurboTax and have a question about why box 2b is checked on her 1099-R when she is receiving monthly payments from her retirement plan. She was never in a...
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PA RCT-101
For corporations formally required to file PA RCT-101 but failed to mark the 2015 PA RCT-101 as final and did not include a statement ?stating the entity is no longer subject to the Capital...
 
Daughter had 3 months without ACA as my dependent
Short version. My dependent daughter went 3 months in 2016 without insurance, through little fault on our part. Can I get the penalty removed? How much will the penalty be on a MAGI of $80,000?...
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Estimating Tax Credit Available Under New Healthcare Legislation Now Being Considered
I know that the new healthcare law is still under discussion in the House. However, I?m trying to get an idea of what might happen as far as the Tax Credits available to someone over age 55. As an...
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Reorganization Fee and ADR fees
Brokerage firms charge a Re-organization fee when a company is merge/acquired by another. And the ADR fee is charged by the Transfer(?) Agent for the foreign stocks. Both fees relate to specific...
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Tax deduction?
My mother is recently deceased, and I'd like to donate her 2 sets of hearing aids. Can I get a tax deduction for the donation? How do I get a valuation?
 
Exchange question
Re: 1031 exchange ********************** Can I sell a residential rental property and exchange/ invest in Real Estate notes (First Trust Deeds etc.) or any similar investment(s) where I do not have to...
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FORM 8288-A
Hi There I have been waiting for the stamped Form 8288-A from the IRS but received nothing yet. It has been over two months since I have disposed of my US property as a foreigner. I've had to hand...
 
Lost money on publicly traded Hemp stock
So I had a short term capital loss on over the counter HEMP stock in 2016. It's still trading pubicly, type HEMP into google and you can see it. Hemp had recently been made legal on the federal level...
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