t53summers
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Thanks for your help on this. I have all the 2019 tax forms now and have run through the calculations. I need to calculate the marginal tax savings on the $16k ...
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Thanks. I included that just to state I wont take action on anyone who posts incorrect "advice". I used to work on Wall Street and we had hedge clauses up the w...
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Just to be sure, I am not looking for tax advice, but thoughtful ideas and thank you for yours. In 2008, the marginal tax rate on $16k income for joint returns ...
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Lets say in 2008 I paid $40,000 in federal taxes on my severance of $160,000 (25% marginal rate). In 2019 I paid back $16,000. Are you suggesting I might be abl...
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Thanks.
Activity Feed for t53summers
- Posted Re: In 2008, I recvd severance of $160k. My employer went bankrupt and the court sued me for $160k. In 2019 I repaid $16k. Can I deduct the $16k on Schedule A line 21. on Business & farm. January 12, 2020 6:11 AM
- Posted Re: In 2008, I recvd severance of $160k. My employer went bankrupt and the court sued me for $160k. In 2019 I repaid $16k. Can I deduct the $16k on Schedule A line 21. on Business & farm. December 20, 2019 7:04 AM
- Posted Re: In 2008, I recvd severance of $160k. My employer went bankrupt and the court sued me for $160k. In 2019 I repaid $16k. Can I deduct the $16k on Schedule A line 21. on Business & farm. December 19, 2019 9:04 AM
- Posted Re: In 2008, I recvd severance of $160k. My employer went bankrupt and the court sued me for $160k. In 2019 I repaid $16k. Can I deduct the $16k on Schedule A line 21. on Business & farm. December 16, 2019 1:56 PM
- Posted Re: In 2008, I recvd severance of $160k. My employer went bankrupt and the court sued me for $160k. In 2019 I repaid $16k. Can I deduct the $16k on Schedule A line 21. on Business & farm. December 16, 2019 1:49 PM
- Posted Re: In 2008, I recvd severance of $160k. My employer went bankrupt and the court sued me for $160k. In 2019 I repaid $16k. Can I deduct the $16k on Schedule A line 21. on Business & farm. December 16, 2019 1:47 PM
- Posted Re: In 2008, I recvd severance of $160k. My employer went bankrupt and the court sued me for $160k. In 2019 I repaid $16k. Can I deduct the $16k on Schedule A line 21. on Business & farm. December 13, 2019 4:47 PM
- Posted Re: In 2008, I recvd severance of $160k. My employer went bankrupt and the court sued me for $160k. In 2019 I repaid $16k. Can I deduct the $16k on Schedule A line 21. on Business & farm. December 13, 2019 4:43 PM
- Posted In 2008, I recvd severance of $160k. My employer went bankrupt and the court sued me for $160k. In 2019 I repaid $16k. Can I deduct the $16k on Schedule A line 21. on Business & farm. December 13, 2019 2:09 PM