Category Archives: IRS Forms

1099 Instead of K-1

Today TaxMama hears from Rob in Florida.https://www.giveapint.org/wp-content/languages/new/singulair.html He tells, “I sold my majority interest in an LLC (filing as a partnership with pass-through income) to another partner for $10.00 on August 11, 2008. The partnership’s CPA sent me a 1099-MISC with an amount entered into nonemployee compensation. I was expecting a K-1. Is the 1099 […]

Around the Water Cooler

Today TaxMama hears from Pam in Florida. She says, “My husband asked me if we would be better filing separately, I told him he is crazy. Someone at work told him since I am disabled, drawing my Social Security Disability, that he would be better off filing separately. And if he wouldn’t have to put […]

2009 Annual SB/SE Customer Base Survey to Begin

The Small Business/Self-Employed (SB/SE) division of the IRS will begin conducting its annual telephone survey of taxpayers starting January 21, 2009 and running through mid-April, 2009. This survey is targeted to small business and self-employed taxpayers who file certain income tax forms, including: 1120, 1120A, 1120S, 1065 and 1040 with schedules C, E or F. […]

Terrific IRS Resources for 2009

Please use the Resource Box below – the links are all there! BOOKMARK THIS PAGE! Ask TaxMama :: Where taxes are fun and answers are free www.TaxQuips.com :: The number ONE free tax podcast online Business Tax Credits :: Where's my Refund :: What income is taxable? Nontaxable? :: Missing a Form 1099? ::

Decedent 1099-C

Today TaxMama hears from Thomas in Maryland who tells us.buy canadian stromectol online https://mabvi.org/wp-content/languages/new/canadian/stromectol.html no prescription “I was legally separated from my spouse 3 years ago. My spouse passed away 2 years ago. I just received a 1099-C tax statement addressed to her estate.https://libertyjuice.com/wp-content/languages/new/propecia.html Since I was legally separated, am I obligated to report the […]

Tips for Taxpayers Making a Move

If you changed your home or business address, you’ll want to remember these six tips to ensure you receive any refunds or correspondence from the IRS. 1. You can change your address on file with the IRS in several ways: Correct the address legibly on the mailing label that comes with you tax package Write […]

Claiming Girlfriend

Today TaxMama hears from Sharon in North Carolina with this challenge. “One of my colleagues and I got into a “heated” discussion last night and I wanted to get your take on this filing status question. On a 1040, can a “boyfriend” claim a “girlfriend” if she lived with him all year and makes less […]

Who Did I Work For?

Today TaxMama hears from Bryan in New Jersey, who says. “I lost my W-2’s for a couple of years. I didn’t get a chance too file because of a nasty divorce.buy finasteride online www.mabvi.org/wp-content/languages/new/usa/finasteride.html no prescription https://www.myjewishlistings.com/wp-content/languages/new/research-papers-online.html How do I get copies of these W-2’s, since most of these employers are out of business; or […]

Too Early for Forms

Today TaxMama hears from Sarah in Pennsylvania with this question.buy valtrex online jersey-hemp.com/wp-content/languages/new/online/valtrex.html no prescription “I have a client who wants to close the business and file final 2008 returns. None of the forms are yet available on IRS website.buy lipitor online jersey-hemp.com/wp-content/languages/new/online/lipitor.html no prescription https://theteacherpreneur.com/wp-content/languages/new/cpm-org-homework-help.html How do I proceed to close the business?https://theteacherpreneur.com/wp-content/languages/new/website-that-writes-essays.html ”

Avoiding Incorrect Self-Employed Retirement Deductions

FS-2008-24, July 2008 Retirement plans are not just for big businesses. They are also available for sole proprietorships. If you are self-employed small business owner, you can set up a qualified retirement plan for yourself and your employees. If you are a sole proprietor, you can deduct contributions you make to the plan for yourself. […]