About janabaran

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Solved Re: Report of state income tax refund from California Franchise Tax ...

I have a similar problem.I feel it is pretty confusing when you receive 1099-G from the state. I received the form and the number in Box 2 is different from my ...

janabaran

Updated Jul 15, 2020
Re: total value of all traditional IRAs

NVM my last comment. I guess the taxable amount of IRA distribution increased the MAGI.Still would like to double check the basis will be increased by $6K in ne...

janabaran

1

Updated Jul 14, 2020
Re: total value of all traditional IRAs

Also, changing the basis/value of the IRAs increased my MAGI. I completely fail to understand this. If anything I would expect my MAGI to decrease

janabaran

2

Updated Jul 14, 2020
Re: total value of all traditional IRAs

thank you for your input!Lets say I report my SEP IRA end of year basis and value as part of all traditional IRAs. I pay the calculated tax (this does not feel ...

janabaran

3

Updated Jul 14, 2020
Re: total value of all traditional IRAs

Also, I have not received any tax form (5498 or other) for this SEP IRA account. The last contribution to this account was quite a few years ago.

janabaran

5

Updated Jul 14, 2020

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Date Registered	‎December 24, 2019 1:20 PM
Date Last Visited	‎April 22, 2021 5:30 PM
Total Messages Posted	13

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