- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Oh my, I didn't mean to vote down your answer! My device wouldn't let me read the other comments after I voted it up, so I unvoted it, or so I thought. I'll fix that!
I spoke with a CPA who has done nothing but taxes for many years and she had good news: I declare the amount on the 1099s, then deduct the amount I sent my brothers under Other Losses, putting their Soc Sec numbers on the line next to the amount. She said the firm she has been with for 20 years has advised this over and over and it has never been a problem. I will also attach all the documentation I referred to in my original post. She says I should be golden.
I spoke with a CPA who has done nothing but taxes for many years and she had good news: I declare the amount on the 1099s, then deduct the amount I sent my brothers under Other Losses, putting their Soc Sec numbers on the line next to the amount. She said the firm she has been with for 20 years has advised this over and over and it has never been a problem. I will also attach all the documentation I referred to in my original post. She says I should be golden.
May 31, 2019
7:03 PM