Taxes General Forum

Taxes on US Social Secuity income for a Swiss Citizen

I am a Swiss citizen who worked in the US for 17 years with a Green Card. On my retirement and permanent return to Swit...

3 comments posted 10yrs

posted by S. Wesley Ariarajah

3 comments posted 10yrs posted by S. Wesley Ariarajah

allocate the total improvement cost into land & building?

A residence is converted to rental use. Before that, there was and improvement/renovation to the building. Is there a t...

4 comments posted 10yrs

posted by mycpacha

4 comments posted 10yrs posted by mycpacha

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 e...

28 comments posted 10yrs

posted by ameyer2

28 comments posted 10yrs posted by ameyer2

Re: 401k cash distribution penalty and capital losses offset?

> Hello, > > Subject says it all I guess. I elected a cash distibution > from the 401k this week. The cashout amount is...

0 comments posted 10yrs

posted by james.petty

0 comments posted 10yrs posted by james.petty

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 sh...

25 comments posted 10yrs

posted by ameyer2

25 comments posted 10yrs posted by ameyer2

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 li...

4 comments posted 10yrs

posted by level5flooring123

4 comments posted 10yrs posted by level5flooring123

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...

4 comments posted 10yrs

posted by xyz

4 comments posted 10yrs posted by xyz

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...

6 comments posted 10yrs

posted by sdolancu

6 comments posted 10yrs posted by sdolancu

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 c...

2 comments posted 10yrs

posted by xyzer

2 comments posted 10yrs posted by xyzer

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 2...

2 comments posted 10yrs

posted by wade

2 comments posted 10yrs posted by wade

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 leav...

9 comments posted 10yrs

posted by ybotka

9 comments posted 10yrs posted by ybotka

1031 exchange question

Does anyone have any experience with "reverse 1031 exchanges"? It appears to involve giving title of the entire "replac...

2 comments posted 10yrs

posted by jessica.beltz

2 comments posted 10yrs posted by jessica.beltz

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 ha...

10 comments posted 10yrs

posted by Jwisnia18

10 comments posted 10yrs posted by Jwisnia18

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'...

1 comments posted 10yrs

posted by wade

1 comments posted 10yrs posted by wade

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...

1 comments posted 10yrs

posted by nospam

1 comments posted 10yrs posted by nospam