Today TaxMama hears from Billie in the TaxQuips Forum who’s getting conflicting information.http://pmilv.com/wp-content/languages/new/prelone.html “In 2010 there was this nice ‘deferment’ one could take advantage of when converting a traditional IRA to a ROTH.http://pmilv.com/wp-content/languages/new/doxycycline.html By doing that in 2010, you could postpone half of the taxes due to 2011 and the other half to 2012. My […]
Tag Archives: Free
Today TaxMama hears from Anthony in the TaxQuips Forum with a common problem. “I have a client who stopped working at 81 because he had a stroke and had to go into a nursing home. He had a Sec. 457 plan, which allowed him to put off taking distributions until he terminated employment. But he was […]
Today TaxMama hears from Linda in the TaxQuips Forum who is helping her daughter.https://www.parkviewortho.com/wp-content/languages/new/amitriptyline.html (You can read about the whole mess here.) In short, through some amazing incompetence on the part of her daughter’s employer, her daughter is now facing tax debt she does not owe – and possibly credit problems, too. How can this […]
Courtesy of IRS Now that the federal income tax filing deadline is in your rear-view mirror, what happens after you file? A lot of taxpayers have post tax-filing questions such as what records do I keep and more importantly, “Where’s my Refund?” The IRS has answers for you below.
Today TaxMama hears from Ed in the TaxQuips Forum who wants to know. “Can I still deduct my expenses on a rental house which sat vacant for 2010 on Schedule E?”
Today TaxMama hears from Magdalena in the TaxQuips Forum with a puzzler. “I would like to know if I can take the Health Savings Account Deduction on my 1040 if I’m a S-corp owner?”
Today TaxMama hears from Julian in the TaxQuips Forum with an easy question. “I wonder if I can deduct immigration lawyer costs from my tax return? The fees were to get me the work permit for my current job in the US.buy vilitra generic cialisnextdaydeliveryusa.com over the counter ”
Today TaxMama hears from Jelani, in the TaxQuips Forum with a problem. “I have a hold on my 2010 tax refund. The IRS says that in 2007, 2008, 2009 I paid enough mortgage interest to file taxes on, but I haven’t filed since 2005. The mortgage payments that I made were made using the equity of the […]
Today TaxMama hears from Frank Darsi, who sent a link to an interesting article. “Five Ways Taxes Affect Your Car Insurance.” Is the article true? Does it make any sense? Well, since the article only contains four points, not five, we’ve got to wonder about the rest of it… First of all, let me wish […]
Today TaxMama hears from Carole in the TaxQuips Forum, with this interesting question. “Can a person deduct legal fees paid to lawyers that negotiated their debt (both personal & business credit cards as well as a mortgage on their personal home) as an itemized deduction? I’ve read that legal fees for collecting or producing taxable income […]
Courtesy of IRS Are you expecting a tax refund this year? Here are 10 things the IRS wants you to know about your refund.
Courtesy of IRS [But read TaxMama’s Tips at Suze Orman’s MoneyMindedMoms.com site – if you need even MORE time! And don’t like IRS’s options.] Taxpayers who owe taxes may be relieved to know that there are some options for those who owe and can’t afford to pay the full amount right away. Here are the top […]