How do I file taxes for previous years?
I am trying to file for taxes for years 2009/08, and I can’t seem to find out how. Does anyone know? Can I just go to the IRS? Or do I have to pay HR Block or something? I know you can’t e-file for...
View ArticleHow do you resolve a bank tax reporting error for a qualified distribution...
I took a qualified early Roth IRA distribution as a first time homebuyer in 2006. What happens if my bank incorrectly codes this transaction as non-qualified? Will the IRS understand what actually...
View ArticleI have term life insurance through my job and i want to know does govt. take...
I have a term life insurance policy through my job and i wanted to know if the irs will be taking taxes out if and when the policy is paid by insurance company. Technorati Tags: google, insurance,...
View ArticleHow do you request the IRS to forgive the 10% penalty imposed upon IRA...
Due to the loss of employment I’ve had to withdraw funds from my IRA. I know I will have to pay income taxes on the amount I received. However, I would like to request the 10% early withdrawal penalty...
View ArticleWhy would my bank unilaterally close my checking and savings accounts?
We had K from an inheritance wired to our local bank one week ago, and my wife’s computer showed it had posted. When she went in to withdraw cash, she was told that the actual funds had not arrived,...
View ArticleCan I deduct the loss due to theft of tax deferred IRA?
Details: this was actually an HSA, deducted in 2008, that was diverted by the institution in a Ponzi scheme. While there are IRS provisions for treating these as a casualty loss, my concern is whether...
View ArticleCan I have an IRA with two different mutual fund companies?
Is it allowable to have a Roth IRA with two (or more) different mutual fund compaies, so long as you don’t exceed the maximum contribution amount permitted by the IRS? Technorati Tags: google, irs,...
View Article2009 filing deadline extended due to flooding. How about IRA contribution?
The IRS has extended the filing date for some northeast states due to the declared state of emergency. Does this extension also apply to my SEP-IRA contribution for 2009? I need to do my taxes before I...
View ArticleWhen my financial advisor sells my funds and re-invests the money, does that...
I have money invested in a series of mutual funds through a financial advisor. Every so often, based on market performance, he will sell the funds that aren’t doing well, and re-invest the money in...
View ArticleCan I convert a new traditional Ira into an existing Roth Ira or do I need to...
I converted my existing traditional IRS into a Roth Ira in 2010 as I don’t qualify for direct Roth contributions. Technorati Tags: google, irs, roth ira, script type, text javascript
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