Taxes General Forum

FEIN and 1041 for Sec. 678 Trust?

Thank you for any help here. The situations detailed below haven't come up yet for us, but they're in the offing. I kno...

7 comments posted 10yrs

posted by nobody

7 comments posted 10yrs posted by nobody

Is Retainer Deposit Always Income When Received for Cash Basic Company?

I am a consultant and operate a small Cash Basis company. I received a retainer deposit from a client for work that was...

7 comments posted 10yrs

posted by xyz

7 comments posted 10yrs posted by xyz

Problem with TaxAct software?

In doing a dry run on my taxes for 2015, I ran into a problem using the TaxAct preview software for 2015. I get my heal...

0 comments posted 10yrs

posted by rick

0 comments posted 10yrs posted by rick

Rent from a live-in boyfriend , no mortgage on property

So I am probably going to be moving in with my girlfriend soon, and she owns a home clear and free but I will probably...

29 comments posted 10yrs

posted by xyzer

29 comments posted 10yrs posted by xyzer

Turbo tax Deluxe

Am I right that Intuit has restored all the Schedule D and other functionality that caused such a outcry last year beca...

3 comments posted 10yrs

posted by phillysleuth

3 comments posted 10yrs posted by phillysleuth

If one never files taxes

I worked with a guy for years who never filed a tax return. We worked for a rather large company and I always figured m...

14 comments posted 10yrs

posted by prh142

14 comments posted 10yrs posted by prh142

Employer HSA Contributions for Non-Eligible Employee

Next year, my employer is offering an HSA-compatible HDHP with no employee premium, a $5,400 deductible and a $4,400 HS...

7 comments posted 10yrs

posted by woessner

7 comments posted 10yrs posted by woessner

Reshingling a (very) old roof repair or improvement?

A relative (really :) got a letter from his home insurance carrier demanding that substantial section (around half) of...

8 comments posted 10yrs

posted by rlc-news

8 comments posted 10yrs posted by rlc-news

gambling winnings

It used to be on slot machine winnings that each time you won $1200 or more on a single pull a W2G would be issued by c...

4 comments posted 10yrs

posted by bh2os62

4 comments posted 10yrs posted by bh2os62

Question: 1031 exchange

Question: 1031 exchange I have a town home. If I sold it and invested the proceeds in Real Estate First Trust Deeds woul...

5 comments posted 10yrs

posted by ritagoldman101

5 comments posted 10yrs posted by ritagoldman101

Residential landlords and Form 6251

I just came across this in the instructions for Form 1040, line 45: Exception. Fill in Form 6251 instead of using the w...

4 comments posted 10yrs

posted by arequipeno

4 comments posted 10yrs posted by arequipeno

Grandparents Dependency

Paternal grandparents have 2 grandkids living with them for the year, both under 12, they provide all the support for g...

1 comments posted 10yrs

posted by bh2os62

1 comments posted 10yrs posted by bh2os62

Elderly Person's Home Assistance/Aid Expenses: Deductible ?

Hello, For an elderly person who now requires home health assistance (washing, cooking, etc.) due to a multitude of med...

3 comments posted 10yrs

posted by rgsros

3 comments posted 10yrs posted by rgsros

Deductibility of foreign health insurance

Although I am a U.S. citizen and reside in the United States, I spend about half the year abroad. Since Medicare does n...

4 comments posted 10yrs

posted by ritagoldberg

4 comments posted 10yrs posted by ritagoldberg

Taxes

I saw a posting of someone offering previous years turbo tax programs for a discount. I need 06,07,08,09,10,11,12,13. D...

4 comments posted 10yrs

posted by aerospace

4 comments posted 10yrs posted by aerospace