Taxes General Forum

10141 Threads Posts
to

Is this taxable income?

My daughter worked over this past year as a research intern through a REU (research experience for undergrads) program....
2 comments posted 9yrs
posted by nojunk
2 comments posted 9yrs posted by nojunk

2017 IRS Nationwide Tax Forum.

Dates and locations announced. Note that there are only 5 occurrences this year. Registration will probably open about M...
0 comments posted 9yrs
posted by spam
0 comments posted 9yrs posted by spam

American Opportunity Credit for Child

My eldest daughter graduated from her University in May 2016 and started her career shortly thereafter. She still lives...
15 comments posted 9yrs
posted by greekgod
15 comments posted 9yrs posted by greekgod

Amending Form 8288-A

The situation is that my client submitted a Form 8288-A with an old SSN and received a stamped copy from IRS a while ag...
1 comments posted 9yrs
posted by lmcmy1219
1 comments posted 9yrs posted by lmcmy1219

Brokerage Run HSA Accounts?

Is there any brokerage that adminsters HSA accounts, so that open balances in the HSA can be invested in stocks instead...
5 comments posted 9yrs
posted by persistentone
5 comments posted 9yrs posted by persistentone

LLC Questions

Hi, all. I'm working with the owner of a small LLC, who wants to do a lot of small, fairly short term deals. I'm trying...
5 comments posted 9yrs
posted by spamtrap
5 comments posted 9yrs posted by spamtrap

Fee For Offshore Bank Account

I have an offshore bank account duly disclosed to the IRS and FinCEN. The bank account earns some interest (on which I...
2 comments posted 9yrs
posted by nospam
2 comments posted 9yrs posted by nospam

Documenting large charitable deductions

Given the recent thread re large medical expenses, where the consensus seems to be: "don't submit supporting documentat...
2 comments posted 9yrs
posted by nospamplease
2 comments posted 9yrs posted by nospamplease

Documenting Catastrophic Medical Expenses

As a companion to my question on HSA, consider the case of a person who is very ill for several years, unemployed with...
8 comments posted 9yrs
posted by persistentone
8 comments posted 9yrs posted by persistentone

HSA for Unemployed?

For an unemployed person, is there any equivalent to a Health Savings Account that would allow the person to make contr...
5 comments posted 9yrs
posted by persistentone
5 comments posted 9yrs posted by persistentone

Cash gift to caretaker

How is a $500 cash gift handled for a caregiver? If caregiver was an employee (w-2 given out) I understand it is report...
1 comments posted 9yrs
posted by bh2os62
1 comments posted 9yrs posted by bh2os62

Section 179 recapture

A taxpayer has a (very) small consulting software programming business. She uses a laptop with a purchase price of $1,5...
1 comments posted 9yrs
posted by ybotka
1 comments posted 9yrs posted by ybotka

Gift tax question

Good Day I understand that this forum is JUST advice, but it is advice I am looking for :-) I bought a house from my wi...
3 comments posted 9yrs
posted by runtheodds
3 comments posted 9yrs posted by runtheodds

Reporting House Sale When it was Partial Rental

For the last seven years, I rented a portion of my house out (40%) and reported rental income and expenses including de...
0 comments posted 9yrs
posted by rick
0 comments posted 9yrs posted by rick