About Holly W

Employee Tax Expert

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Enrolled Agent, TurboTax Expert since 2015, tax preparer since 2008

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Re: Non crypto related q...

Helloairgordy! Thank you for joining us today.According to the IRS, generally, inherited Roth IRA accounts are subject to the same RMD requirements as inherited...

Holly W

Updated Nov 15, 2023
Re: I have crypto currency that I have kept for over a year, and it ...

Helloabbielane, Thank you for joining us today! If you cash out/sell your crypto currency at a loss it is considered a capital loss. If held for less then a yea...

Holly W

Updated Nov 15, 2023
Re: Does a withdraw from my 403B that was automatically taxed need t...

Helloborggrebe-jerry, Thank you for joining us today! Distributions from your 403(B) plan is considered taxable on the Federal return and considered ordinary in...

Holly W

Updated Oct 25, 2023
Re: Inheritance of annuity

Hello TaxQuestions60! Thank you for joining our event today! According to the Annuity Expert Advise Website, you do have some options. Here are 4 options on rec...

Holly W

Updated Oct 25, 2023
Re: Nadex trading binary options.

Hellohtrumbo2, Thank you for joining us today ! The IRS is treating Nadax Options as Section 1256 investments and Straddles and to be reported on Form 6781. Acc...

Holly W

Updated Oct 25, 2023

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Date Registered	‎September 8, 2022 1:16 PM
Date Last Visited	‎December 20, 2023 1:05 PM
Total Messages Posted	53
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