Taxes General Forum

Child's Income Tax Form as a Result of 1099-MISC

A child (under 16), earns income ($2000) as a model and receives a 1099-MISC from the modeling agency. I assume we cann...

9 comments posted 9yrs

posted by njoracle

9 comments posted 9yrs posted by njoracle

Taxation of short sale hedges

Let's say I am short stock shares of ABC. Don't cover in the course of a tax year, but each week I have been buying OTM...

0 comments posted 9yrs

posted by nickravo

0 comments posted 9yrs posted by nickravo

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...

2 comments posted 9yrs

posted by nBeOwXs

2 comments posted 9yrs posted by nBeOwXs

social security

can I pay into social security if I am a part time teacher under contract ?

0 comments posted 9yrs

posted by Larry Rosario

0 comments posted 9yrs posted by Larry Rosario

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 o...

1 comments posted 9yrs

posted by fixitalldanj

1 comments posted 9yrs posted by fixitalldanj

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 taxe...

1 comments posted 9yrs

posted by m8r.jn1sdp

1 comments posted 9yrs posted by m8r.jn1sdp

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 contra...

6 comments posted 9yrs

posted by suerivas

6 comments posted 9yrs posted by suerivas

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) befo...

2 comments posted 9yrs

posted by See.above

2 comments posted 9yrs posted by See.above

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 sh...

5 comments posted 9yrs

posted by jack

5 comments posted 9yrs posted by jack

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 inclu...

0 comments posted 9yrs

posted by whudakjr

0 comments posted 9yrs posted by whudakjr

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 g...

10 comments posted 9yrs

posted by nojunk

10 comments posted 9yrs posted by nojunk

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 m...

6 comments posted 9yrs

posted by njoracle

6 comments posted 9yrs posted by njoracle

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...

1 comments posted 9yrs

posted by m8r.jn1sdp

1 comments posted 9yrs posted by m8r.jn1sdp

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 don...

0 comments posted 9yrs

posted by CJ Evans

0 comments posted 9yrs posted by CJ Evans

Exchange question

Re: 1031 exchange ********************** Can I sell a residential rental property and exchange/ invest in Real Estate n...

1 comments posted 9yrs

posted by jessica.beltz

1 comments posted 9yrs posted by jessica.beltz