rmfrog1
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Yes, that answers my question. Thanks for the prompt response. This item can be 'closed'. -R
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OK, thanks. However, I will be selling bare pasture land with no improvements, not a residence or rental house. Do the same rules apply to bare land as they do ...
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OK, I understand about the $18,000 annual Gift Tax Exclusion and hope that I don't exceed it. I mis-spoke. for my 2nd question -- I meant to say: If the propert...
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Thanks for the replies. Yes, the link to Cornell explained that it depends on some different things (including the verbiage in the 'governing instrument', local...
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Yes, an entry in box 5 of the 1099-DIV that I received triggered Form 8995. I invested in a security with ticker 'SPYD', and the 1099-DIV had a value in box 5 t...
Activity Feed for rmfrog1
- Posted I turn 73 in 2025 so must start taking RMDs. Can I split my 'initial' RMD between 2025 & 2026 as long as my full RMD for 2025 is done by April 1, 2026? Will the IRS know? on Retirement tax questions. November 27, 2024 4:14 PM
- Posted Does the irs require withholding of income from trust? on Business & farm. October 17, 2024 4:08 PM
- Got Cheered for Re: Does a trust have to pay Federal withholding tax when it pays distribution to beneficiaries?. June 7, 2024 12:25 PM
- Posted Re: Does a trust have to pay Federal withholding tax when it pays distribution to beneficiaries? on Retirement tax questions. June 7, 2024 12:20 PM
- Posted Does a trust have to pay Federal withholding tax when it pays distribution to beneficiaries? on Retirement tax questions. June 4, 2024 6:25 PM
- Posted Re: If I sell pasture land to my renter for less than the Fair Maket Value, 2 questions:1) is the... on Deductions & credits. March 28, 2024 3:55 PM
- Posted Re: If I sell pasture land to my renter for less than the Fair Maket Value, 2 questions:1) is the... on Deductions & credits. March 26, 2024 8:04 PM
- Posted If I sell pasture land to my renter for less than the Fair Maket Value, 2 questions:1) is the difference considered a gift by the IRS? 2) what will be my 'cost basis'? on Deductions & credits. March 22, 2024 8:45 PM
- Posted Re: I had a long-term capital gain in my irrevocable trust from selling land. Is that taxed at the trust level or passed to the beneficiaries on form K-1? on Get your taxes done using TurboTax. November 4, 2023 5:50 PM
- Posted I had a long-term capital gain in my irrevocable trust from selling land. Is that taxed at the trust level or passed to the beneficiaries on form K-1? on Get your taxes done using TurboTax. November 1, 2023 6:30 PM
- Posted Re: I just realized my taxes have a form 8995. I didn't need to use it this year and it's 0 howev... on After you file. February 28, 2023 10:33 PM
- Posted Where do I deduct 'Proceeds Investment Expenses' that appear on my Consolidated Tax from for my 'SPDR Gold Tr' shares? on Investors & landlords. February 14, 2023 7:33 PM
- Posted Re: How can I use TT Business 2022 'step-by-step' to see multiple Sched E for farm rental? on Investors & landlords. February 10, 2023 7:30 PM
- Posted Re: How can I use TT Business 2022 'step-by-step' to see multiple Sched E for farm rental? on Investors & landlords. February 10, 2023 6:50 PM
- Posted How can I use TT Business 2022 'step-by-step' to see multiple Sched E for farm rental? on Investors & landlords. February 10, 2023 6:21 PM
- Posted Re: After signed Form 8453-FE attached, the signed version doesn't show in the pdf for the E-file on Business & farm. February 27, 2022 6:04 PM
- Posted Re: The IRS gave my trust a new EIN -- do I need to specify "initial return" when I do the next F... on Business & farm. February 22, 2022 11:53 AM
- Posted Re: The IRS gave my trust a new EIN -- do I need to specify "initial return" when I do the next F... on Business & farm. February 21, 2022 9:34 PM
- Posted Re: The IRS gave my trust a new EIN -- do I need to specify "initial return" when I do the next F... on Business & farm. February 21, 2022 2:11 PM
- Posted Re: The IRS gave my trust a new EIN -- do I need to specify "initial return" when I do the next F... on Business & farm. February 20, 2022 8:29 AM