My issue here is that TT is not automatically calculating how much I owe. It is specifically asking me to do a calculation comparing state vs federal taxing of ...
That I fully understand am not against. I, quite frankly, still do not understand why the "gift" to education does not follow the same rules. But I understand, ...
Thanks again, so fundamentally my problem is the gift for education is not the same as a recognized charity. That is unfortunate but it seems to be what I am he...
Thanks, you answered my question. The money is taxable since it is from a traditional IRA. You also corrected me on the estate inheritance - also taxable. So th...
Sorry, going to try this one last time but this time using numbers. Let's say I have exactly $16k in my IRA and $4k in my bank account when I die. The $4k+$16k,...
