Last week TaxMama told you that certain taxpayers are still eligible to make contributions to their 2006 IRA accounts, or earlier years’ IRAs. Here’s some clarification about the open questions.
Tag Archives: Internal Revenue Service
Today TaxMama hears from Tom, in the Midwest. He tells us, “I’ve been separated from my wife for several years. For 2006, I had no taxable income due to a disability. My wife filed a joint tax return by forging my signature. She did not have my power of attorney, or even verbal permission. She […]
Dear Family, TaxMama gets dozens of requests each day to link to someone’s site. Usually, they’re garbage sites, with the links just designed to bring traffic so people will click on the Google Adsense ads so they can get paid. (Did you know that if you have a website or blog, you can have Google […]
[TaxMama note: This looks like a really important announcement. Especially if it means what I think it means! OK, I am sitting here trying to get my head around this phrase “not incurred in traveling away from home”. And I think I have it finally figured out – but have a call in to IRS […]
Today TaxMama hears from Harry in Pennsylvania, who tells us, “I withdrew money from an IRA which used to be an employer annuity, but became an IRA when I left them. I am over 55 and separated from service. Does exception 2, separation from service, apply to distributions from an IRA? Since I am under […]
IRS Accepting Applications for Low Income Taxpayer Clinic Matching Grants WASHINGTON — National Taxpayer Advocate Nina E. Olson announced today that the 2008 Low Income Taxpayer Clinic (LITC) grant application process is now open. The LITC grant program is a federal program administered by the Taxpayer Advocate Service, an independent organization within the IRS that […]
2007 Tax Season Sets Records for E-file, Direct Deposit, IRS.gov WASHINGTON — The recently completed 2007 tax filing season set a number of electronic records, highlighted by over 76 million electronically-filed individual tax returns and more than 140 million visits to IRS.gov, the Internal Revenue Service said today. “E-file and our other electronic services helped […]
Today TaxMama hears from Robert in Texas, who’s proud of his daughter, but… “My daughter will be 24 in Nov of this year. She just graduated from college this month but will be living with me until Sept 1.buy sildenafil online https://taxmama.com/wp-content/forum/styles/new/sildenafil.html no prescription Will I still be able to claim her as a dependent […]
Custodial Determination Changes Under Proposed Regulations by David & Mary Mellem, EAs Ashwaubenon Tax Professionals Proposed Regulation §1.152-4 contains changes that will surprise many taxpayers as well as tax professionals. We’ll number the provisions just for simplification. 1) The rules apply when the child’s parents are divorced, legally separated, or live apart at all times […]
Today TaxMama hears from Roberta who says. “Some time back, you wrote about a rule of providing most but not all proofs for deductions. I think it was called something like “Irving’s rule”. Please send the correct name and where I can read about it.”
Today TaxMama hears from Denise in NJ, who wants to know. “If a couple gets a divorce, and the woman gets to take the children as dependents in lieu of alimony, what happens if she remarries and does not hold a job any longer? Can she file jointly with her new husband and still use […]
Today TaxMama hears from James in MO, who asks. “Can I get an Earned Income Credit if I file married filing separately?”