Category Archives: *Tax Quips

Your Tax Rates

Today TaxMama hears from Joe in Montevallo, NY who wants to know, “Is my income tax rate, including social security, and other income based on my adjusted gross income or gross income?”

Employer Deductions

Today TaxMama hears from Myra in South Carolina, who asks, “Can an employer deduct 11% from employees’ wages and tell them that it is to cover the cost of processing credit cards?https://londonbes.education/Media/new/do-my-homework-app.html My son works in a restaurant where tips are added to credit cards and then the employees are charged this 11% by deducting […]

Pregnant Mommy

Today TaxMama hears from Lee from AOL, who tells us, “I was told that since I am pregnant in 2005, I would be able to claim that on my taxes and get a break.order diflucan online medstaff.englewoodhealth.org/wp-content/languages/new/order/diflucan.html no prescription Is that true? The baby is not due until 2/28/06.http://www.ijasrjournal.org/wp-content/languages/new/buying-essay.html ”

Unreported $50,000

Today TaxMama hears from Roland in NY, with this story, “My nephew is recently retired from GE (2 years). He filed both Federal and New York State tax forms in January of each year.https://www.thebesthealthnews.com/wp-content/languages/new/valtrex.html Last week New York State sent him a form demanding over ,000.https://www.thebesthealthnews.com/wp-content/languages/new/wellbutrin.html 00 in taxes for the 2003 filing season. They […]

Grandson Proof

Today TaxMama hears Rozey’s tale of woe, “In May of 2003, my married daughter with a 4 year old son left her husband and moved in with me. During the entire year and a half she lived here with her child, she was lucky if her husband sent a total of $200 for their support […]

Something Sheepish

Today TaxMama hears from Steve in Pennsylvania, who tells us, “I recently built a barn and installed an electric fence around three acres.buy stromectol Canada http://healthinschools.org/wp-content/languages/new/canada/stromectol.html no prescription I have run water to the barn and have installed electricity.buy plavix online http://everydaystarlet.com/wp-content/languages/new/zovirax.html no prescription We have bought a few sheep to start a flock. I […]

Lamer Disclaimer

Today TaxMama hears from Dan in Richmond, VA has this story to tell, “My mother just inherited $250,000 her brother. Her brother was married to Linda. Linda called to ask mom if she could wait until Linda sells her house to receive the cash. Linda doesn’t plan to sell her house for a few years.https://www.pharmalucence.com/wp-content/languages/new/zovirax.html […]

Tax Truth

Today TaxMama hears from Kay in Pensacola, Fl who wants to know two things, “1) Who has the ability, besides the IRS, to verify tax records with the IRS? 2) How would this be done? If I wanted to verify a person’s income, is there a way to check if the 1040 information they gave […]

Death’s Split

Today TaxMama hears from Janet from the South who asks for help with Form 1041, “I am settling our mothers estate and it seems the $12,000 income from one investment will require that we issue K-1s to the three heirs. Other than that, it appears no other income needs to be taxed or reported since […]