turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

TeriH
Employee Tax Expert
Employee Tax Expert
Member profile
I'm a CPA and excited to be here. I joined TurboTax in 2020 after a career in oil and gas. Reinvention / retirement. Current obsession is crosswords.
Latest badges earned
  • Good question!In general, you can't contribute securities to an IRA, but you can make a cash contribution from a non-IRA account.However, you can make an in-kin...
    TeriH
    Updated Jun 26, 2024
  • and i have!have you explored HSA's as a retirement saving vehicle? If you have that option, I like it better. It's triple tax advantaged, in that it goes in tax...
    TeriH
    1
    Updated Jun 28, 2024
  • Assuming you have the trust set that they are the beneficiaries, it will pass to them on your death under the trust. as i stated earlier,A deceased person's mor...
    TeriH
    Updated Jun 26, 2024
  • If you pull money from a traditional 401k, then there would be taxes owed. If the money comes from a roth 401k, taxes have already been paid, and nothing additi...
    TeriH
    Updated Jun 26, 2024
  • Yes. Do your home work as to what you can add in to increase basis. Normal repairs don't count but capital improvements do. See this IRS publication 523, starti...
    TeriH
    Updated Jun 26, 2024
Activity Feed for TeriH
Membership stats
Manage cookies