Latest threads in Taxes General Forumshow only best voted threads

Subject Author Posted Replies
 
Is a simpler and fairer tax code achievable?
I once met a woman who worked for a tax firm in Texas that specialized in servicing billionaires. They had experts on every conceivable tax problem - moving a business off shore, tax laws in many...
28
28
 
Re: 401k cash distribution penalty and capital losses offset?
On Sunday, December 1, 2002 at 3:12:44 AM UTC-5, Daemon wrote:
 
Partnership K-1 losses and gains
I'm looking for some advice on a method of dealing with a K-1 partnership reported tax loss. Right now, I have a K-1 showing a substantial passive loss that I cannot deduct from my taxes because I...
25
25
 
Re: No Information after at least 3 weeks of having electronically filed
I had my taxes electronically filed at least 3 weeks ago by somebody; and, every time I call the IRS I can't get any live person and with the last call after trying to order a transcript of my 2015...
4
4
 
California Non-resident Income Tax Deductions
I am the owner, sole share holder and sole employee of a technology consulting company. The company a personal services corporation and a C Corporation. We are based in New York, though we have...
4
4
 
Advice on buying Grandpa's house
Advice needed My grandparent is 84 and wants to sell his house worth $400,000 to me for what he still owes on the loan amount of $150,000. He just wants to to live out his years in the house rent...
6
6
 
Data available from the IRS
This may be the wrong forum for this, but just curious what kind of data the IRS makes available to people. I guess I could just call them. But I'm most interested in raw data. Do you happen to know...
2
2
 
Will my son be a dependent and/or have to pay kiddie tax?
My son will graduate from college this month (so he will have been a full time student for 4.8 months in 2016) and be 23 in December. Every year he has to pay a few thousand in kiddie tax. If you...
2
2
 
employer provides computer for IC
A person works as an employee for a software company. He eventually takes a different job closer to his home. Upon leaving the first job, the employer 'gifts' him a laptop computer plus the software...
9
9
 
1031 exchange question
Does anyone have any experience with "reverse 1031 exchanges"? It appears to involve giving title of the entire "replacement property" to someone else to hold for upto 180 days. How safe is this? How...
2
2
 
Deducting Dependent's Habitat for Humanity Expenses
Our 33 year old unmarried daughter resigned her job two years ago to go back to school and get a graduate degree. We have been paying one hundred percent of her rent, food, auto and other living...
10
10
 
After tax funds in 403B account; is income after tax also?
My wife has $90,000 in a TIAA 403B account. The statement says $60,000 is before tax and $30,000 is after tax. (we don't know how it got to be after tax, but that is neither here nor there) I spoke to...
1
1
 
Amemding 2013 - Time Limit? More...
More research on this subject makes me believe that the IRS gives you only two years to amend if you originally paid a tax but are now asking for some of it back, but three years if you are asking for...
1
1
 
Amemding 2013 - Time Limit?
I've read the instructions regarding time limit to amend a return, but I'm still a little confused. It seems it depends on if you are claiming a refund, but the instructions don't say if you are...
4
4
 
Prior Year depreciation....but never reported any.
So, I decided to start a new thread. I posted this in my depreciation thread, but it may have gotten lost in the string. Thanks again to all for helping me in my rental condo depreciation. Now that I...
1
1