Author Archives: TaxMama

Retirement Plan OverContributed

Today TaxMama hears from Melanie in Louisiana, who tells us, “We received a 2005 1099 R with a distribution code of P because our 401K at work was “lopsided” . The form said we should file an amended return both state and federal for 2004, which we did by April 15. Now we are receiving […]

Multi-State Tax

Today TaxMama hears from Len overlooking the beach in California, who asks, “I am not a tax professional, but: Are you SURE the answer you gave the slightly lost Missouri lady with the partial interest in the California building is correct? She is, after all, not even a part-time California resident.buy canadian flagyl online https://mabvi.org/wp-content/languages/new/canadian/flagyl.html […]

Retirement Refund

Today TaxMama hears from Gordon in Maryland who tells us, “I have a problem with a 401K distribution that I rolled over to an IRA in March of 2004. I had this 401K with a previous employer and left the money in the account after I terminated employment with the company. When I saw a […]

Common-Law Status

Today TaxMama hears from Lisa in Texas who tells us, “I went to new tax preparer this year. My husband and I are common law married and we live in Texas. For the past couple of years the other tax person filed us with me as head of household and my husband as single. The […]

Early Withdrawal Penalty

Today TaxMama hears from Cathy in Sunland, CA who tells us, “My husband and I are in our early 40’s. We have managed to get ourselves deeply into credit card debt. I have an old profit sharing plan from an ex-employer that I want to cash out and pay off all our debt. It is […]

Depreciation Dilemma

Today TaxMama hears from Diana who grumbles, “I tried to list a new laptop using Section 179 for my new business.buy aciphex generic https://buynoprescriptiononlinerxx.com/aciphex.html over the counter The Feds were OK. But I could not list the full amount on the California return due to their lower Section 179 limits, so I left it off […]

List of Business Deductions

Today TaxMama hears from Sylvia in Laguna Hills, CA who asks, “Is there a list of deductions we can take being self employed? Any website?”

Southern Charm Overcomes Tax Trauma

Today TaxMama hears from Kate in Mississippi who has this problem, “I am married filing separate in Mississippi because my husband has continuously been delinquent on his taxes.buy lexapro online langleyrx.com/lexapro.html no prescription I am trying to protect myself. I have a house in my name. I bought the house. I am now told by […]

IRS Grabs IRA

Today TaxMama hears from Michael in Phoenix, AZ who wants to know, “Can the IRS can take your IRA account for back taxes now or when you cash in at retirement?https://www.natas.co.uk/dev/wp-content/languages/new/business-plan-writers.html ”

Stubborn Employer

Today TaxMama hears from Gary from the Internet has this problem, “My former employer who refuses to correct my W2 for 2005—the withholding for FICA and Medicare are not at the correct percentages. They made a change in the 403b and had to adjust the taxable wages for FICA and Medicare wages.buy symbicort online www.mydentalplace.com/wp-content/languages/new/generic/symbicort.html […]