Taxes General Forum

PTIN Class Action Law Suit.

I received a post-card this week indicating the existence of this suit. I assume that some other participating practitio...

0 comments posted 9yrs

posted by spam

0 comments posted 9yrs posted by spam

RMD's

Still working 71 yrs old, has a 401K that he contributes $8500 to, the RMD is $11500 from the 401K acct, does he have t...

11 comments posted 9yrs

posted by bh2os62

11 comments posted 9yrs posted by bh2os62

Sav Bond Interest

If TXPYR cashes in a bond in December, will taxpayer be penalized for not sending in estimated taxes on it as it was cas...

4 comments posted 9yrs

posted by bh2os62

4 comments posted 9yrs posted by bh2os62

Moving exp

If I move to a hospital area out of state in order to be closer to my transplant hospital, is that a deductible medical...

1 comments posted 9yrs

posted by bh2os62

1 comments posted 9yrs posted by bh2os62

Question on working in 2 states

My son worked for 6 months in Mass and then transferred to work in CA for the last 6 months of the calendar year. He is...

1 comments posted 9yrs

posted by suegardner1000

1 comments posted 9yrs posted by suegardner1000

Covered California Health Insurance Subsidies

For the 2017 tax year, the California state program "Covered California" offers qualifying persons a monthly healthcare...

9 comments posted 9yrs

posted by persistentone

9 comments posted 9yrs posted by persistentone

Gift from parents who are not US citizens

Hi, My parents are non-US citizens. I am a US citizen now. They would like to give me some money. I was browsing throug...

1 comments posted 9yrs

posted by pallavgupta

1 comments posted 9yrs posted by pallavgupta

Liability of Incorporator for unpaid Franchise taxes

How does an incorporator of a never activiated C corp avoid personal liability for the years that entity did not file ta...

2 comments posted 9yrs

posted by gary

2 comments posted 9yrs posted by gary

IRS Non-Acquiescence (AOD 2016-03)

The IRS has non-acquiesced to the Third Circuit decision in Giant Eagle, Inc vs Comm'r, 822 F.3d 666 (3rd Cir. 2016) re...

4 comments posted 9yrs

posted by tempuser

4 comments posted 9yrs posted by tempuser

Refinancing: "lender contribution"

Sorry for wearying you with yet another question about tax consequences of refinancing, but I'm very grateful for the a...

1 comments posted 9yrs

posted by the_stan_brown

1 comments posted 9yrs posted by the_stan_brown

Reporting Interest Income on Federal Tax Returns for foreign CD

I am planning to have foreign CD accounts which will mature after 10 years. When should I report the interest earned fr...

2 comments posted 9yrs

posted by linkinshruthi

2 comments posted 9yrs posted by linkinshruthi

Depreciation on Trust Rental Property

Hired a good sized accounting firm to do trust returns for three child trusts. 2015 was the first year for the child tr...

14 comments posted 9yrs

posted by daniel.schumacher1

14 comments posted 9yrs posted by daniel.schumacher1

Gifts from joint accounts... single or double?

My wife and I have a joint checking account. We want to give my future daughter in law money for her wedding. Can we ea...

3 comments posted 9yrs

posted by wade

3 comments posted 9yrs posted by wade

Affidavit of unchanged status. W8ben

Hello, Im a foreign person not living in the usa. The bank asked me to renew my w8ben form, and at the bottom there is...

5 comments posted 9yrs

posted by Santiago

5 comments posted 9yrs posted by Santiago

401k Loan Limit With Two Different Employers?

Suppose I have two different employers each with a 401k plan. I payoff a loan with one plan. Less than 12 months later...

1 comments posted 9yrs

posted by typed44295

1 comments posted 9yrs posted by typed44295