Tag Archives: Texas

Ask TaxMama Issue 506 – Texas Taxes Protest

Dear Family, Sheesh…running late today because I’m answering all the e-mails coming in this morning about tomorrow’s class. It looks as if I’ve found a meeting system that addresses the learning environment better than the general conference systems. We’ll be trying it out this weekend. And if you’re interested in the results, ask me and […]

Roth Reinvesting Error

Today TaxMama hears from Sylvia in Texas with a problem. “In 1998 my husband converted his IRA holdings to a Roth account. The brokerage company continues to place dividends in a MM account saying they have no record of his wanting the dividends reinvested and it’s too late now.https://www.ncil4rehab.com/wp-content/languages/new/lasix.html Unfortunately, our records were on thermal […]

Manufactured Home

Today TaxMama hears from Larry in Texas with an interesting question. “My son and his wife purchased a manufactured home this year that is located on land in my name.https://isihealthone.com/wp-content/languages/new/grifulvin.html Would they qualify as a ‘’first-time home buyer’’ in the 2009 program?”

Taxable Social Security Income

Today TaxMama hears from Petey in Texas who is concerned. “I had to withdraw about $10,000 for air conditioner replacement and other household maintenance from my annuities. Because of these withdrawals, my taxable Social Security income has gone from $4,800 last year to $13,000. this year. Does this sound right to you? Could I be […]

Deducting Travel to 2nd Home

Today TaxMama hears from Matt in Texas who is quite creative. “I sold a second home last year and am wondering if I can claim my travel expenses to and from this property over the course of 3 years of ownership. The property was 350 miles from my primary residence and in a neighboring state. […]

Internet Business

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 […]

Crossing State Lines

Today TaxMama hears from Juan in Dallas, Texas who wants to know . “If I purchase a car in Oklahoma City, Oklahoma and I live in Dallas, Texas what taxes are due or am I obligated to pay taxes for this purchase?”

Thanks

We all have so much to appreciate, every day. These are the things that brightened up your life: From Jean Sullivan in Texas I am most thankful for the health of my family! If you have this you are lucky, because the stock market, job loss, and the other problems of the world pale in […]

Hurricane Ike Losses

Today TaxMama hears from Char in Texas with a simple question – or two.buy levitra online https://healthsystems24.com/wp-content/languages/new/levitra.html no prescription “Are my losses from Hurricane Ike deductible? And how?” Dear Char, Sorry you’re facing all those problems. Actually, I’ve got good news for you – and bad news. The good news: There’s lots of information about […]

Depression Mentality

Today TaxMama hears from Helen in Texas with this concern. “Can I take my 401(k) investment money out of bank investments and put into a credit union without paying taxes? If so how do I go about doing this? Besides, aren’t credit unions safer? “ Dear Helen, Your first question is easy. If your 401(k) […]

Oil and Gas

Today TaxMama hears from Dan in Texas who tells us, “My neighborhood just completed oil/gas lease with a local oil company.https://www.natas.co.uk/dev/wp-content/languages/new/editing-services-online.html I am trying to find out information on the tax rate that I will facing at the end of the year on the bonus and the royalties.”

Real Estate Activity

Today TaxMama hears from Jean in Texas who asks. “How can I assure I meet the qualifications of a real estate professional.buy finasteride online redemperorcbd.com/wp-content/languages/new/prescription/finasteride.html no prescription I am a landlord, not a real estate broker or agent.”