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 […]
Category Archives: *Tax Quips
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 […]
Today TaxMama hears from Dec over the Internet. He says, “Thanks for the solo 401(k) tip in your recent article on MarketWatch.com. If you have any other info available I would appreciate it.”
Today TaxMama hears from Mike in Texas with this question.buy cipro online pharmacohealthcare.com/wp-content/themes/twentysixteen/inc/engl/cipro.html no prescription https://www.seehowcan.com/wp-content/languages/new/professional-resume-writers-nyc.html “I use a DBA company to do some Internet marketing. I made $600 and I spent $2,100 in advertising and subscriptions. What all am I able to write off with my DBA and what form do I put it […]
Today TaxMama hears from Suzanne in Arizona who is puzzled.http://www.redmagicstyle.com/wp-content/languages/new/sildenafil.html “I purchased a home in Jan. 2008. Why am I not eligible for the first time homebuyer credit?http://www.redmagicstyle.com/wp-content/languages/new/finasteride.html ”
Today TaxMama hears from Thomas in Ohio with this question. “I have been married four years.buy strattera online www.epsa-online.org/wp-content/languages/new/prescription/strattera.html no prescription My wife owned her own home before our marriage and we lived there for the last four years. I was never on that title. Now we purchased a home together to live in and […]
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 […]
Today TaxMama hears from Phyllis in Florida with this problem. “Is it legal to garnish wages for 1997 state taxes?buy priligy online https://healthcoachmichelle.com/wp-content/languages/new/priligy.html no prescription I didn’t know anything about them until recently, when I received a collection letter from an agency.buy cytotec online https://healthcoachmichelle.com/wp-content/languages/new/cytotec.html no prescription I thought for sure it was a scam […]
Today TaxMama hears from VP in California who tells us.http://auneec.ateneo.edu/wp-includes/images/new/how-to-write-reflective-paper.html “I am VP of an S Corp. I do not draw a salary, but the president does.buy azithromycin online www.mabvi.org/wp-content/languages/new/usa/azithromycin.html no prescription Does the dollar amount of owner’s draw affect taxes in any way?”
Today TaxMama hears from Sharon in Indiana who is perplexed.buy levaquin online https://healthsystems24.com/wp-content/languages/new/levaquin.html no prescription “A friend and his girlfriend have been living together since 2005. In 2006, they had a child. The mother claimed the child on her 2007 return and received a stimulus payment for $600. He filed as single and received a […]
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 […]
Today TaxMama hears from Hilde in Illinois who tells us. “Almost two years ago we moved from our last house after living there 4 yrs. We finally found a buyer. Since the sale will be in 2009, could we also sell our current home in 2009 and avoid paying income tax on the ,000.buy neurontin […]