Today TaxMama® hears from ET in the TaxQuips Forum, who recently learned about Back Door Roth IRA contributions and wanted to know how they work.
Today TaxMama® hears from Nic in the TaxQuips Forum, with this common misconception. “Nic is disabled and withdrew his money from his retirement plan. Now he’s trying to figure out how to avoid paying taxes on this money.”
Today TaxMama® hears from bvmite in the TaxQuips Forum with a good question. “After filing 2011 return electronically, I noted that I did not report all IRA and pension rollovers on line 16a.buy levothyroxine online https://buyinfoblo.com/levothyroxine.html no prescription https://www.thebesthealthnews.com/wp-content/languages/new/fluoxetine.html Line 16b, AGI and taxes owed are not affected.https://www.thebesthealthnews.com/wp-content/languages/new/zovirax.html Form 1040X, line 1 starts with a […]
Today TaxMama® hears from Tom in the TaxQuips Forum with this issue. “I rolled over a 401k directly to a Roth IRA in 2010. I received a 1099 for this, but did not fill out an 8606 when I submitted my 2010 return. The plan was to report half of the taxable amount in 2011 and […]