Today TaxMama® hears from AK in the TaxQuips Forum, who is trying to understand. “My wife and I have 1 child who is 3 years old. We recently received our W2’s and I started the process through Turbotax online. With just my income, it looked like we were going to receive the Earned Income Credit […]
Tag Archives: IRS News
Today TaxMama® hears from Roger in the TaxQuips Forum who is frustrated with the concept. “I guess my question would be, what is different about what I’m doing and, say, a general contractor ICing a plumber regularly to plumb houses he is building?https://www.giveapint.org/wp-content/languages/new/premarin.html Or a magazine that subs out to a freelance writer? These guys […]
Courtesy of the IRS [TaxMama Note: NAEA has been pursuing this problem with the IRS all month. They were thrilled to announce this fix about an hour ago. IRS just released these guidelines.] WASHINGTON — The Internal Revenue Service announced today that it will issue guidance in the near future to provide relief from the […]
Courtesy of the IRS [TaxMama Note: You don’t have to be rich to take advantage of this opportunity. This will work for you, if you are the right age, have funds in an IRA, and would have made charitable contributions using your own funds anyway. This way, you get a nice tax break.] WASHINGTON — […]
1. Throw out nonessential numbers – including age, weight and height. Let your doctors worry about them. That is why you pay them. 2. Keep only cheerful friends. The grouches are a downer. 3. Keep learning. Learn more about the computer, crafts, gardening, fishing, puzzles, crafts, biking, hiking, whatever. Never let
Today TaxMama® hears from John in the TaxQuips Forum with a sensible question. “Are garage sales reportable?buy Buspar generic https://noprescriptionbuyonlinerxx.com over the counter I have never heard of anyone reporting garage sales.https://biuinternational.com/wp-content/languages/new/thesis-statement-generator.html I assume everyone guesses their basis exceeds the gross proceeds and personal losses are disallowed.”
Today TaxMama® hears from Larry in the TaxQuips Forum with a quick question. “If an employee pays for his family’s health insurance through payroll withholding, is the amount he pays free from taxes? My clients paid $6,000 in 2012 through payroll withholding and his W-2 gross income in block 1 (and blocks 3 & 5) […]
Today TaxMama® hears from Mahakavi in the TaxQuips Forum with a couple of questions – but we’ll only answer one of them here today. “TaxMama® keeps telling us to attach a statement to the tax return.https://www.calmandgentledentalcare.co.uk/wp-content/languages/new/acyclovir.html How do you attach statements when you’re using commercial software?”
Today TaxMama® hears from Craig in the TaxQuips Forum with this question. “In 2012 we received two class action settlements – one for our primary residence [~$3500]; and one for our rental [~$2700], both in the same development. These were for mold/painting deficiencies. The question is: are they taxable or non-taxable?https://jaymorrisonacademy.com/wp-content/languages/new/write-my-paper-cheap.html
IRS will not have the electronic filing system ready until January 30, 2013 due to the late legislation. The following tax forms will be accepted by the IRS in late February or into March after updating forms and completing programming and testing of its processing systems.buy Xenical generic rxxbuynoprescriptiononline.net over the counter A specific […]
Doncha love surveys? There’s always a study costing millions to tell us something we know instinctively. Here’s one you’ll love.
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 […]