Hi Palms
Level 6
Member profile
- Replies
- Posts
-
The way this was handled makes perfect sense.
-
@Opus 17wrote:I disagree to the extent that the regulations specifically include "equitable owner" for the mortgage interest deduction, but not the property tax...
-
@Opus 17wrote:Property taxes can be deducted by the person who pays them if that person is a legal owner or co-owner (on the deed).They can also be deducted by ...
-
@Mike9241wrote:.........a complex trust does not require these annual distributions....As a blanket statement, that is false. "Complex" trusts can still have pr...
-
It is possible but what are the terms of the trust?If the trust states that all income must be distributed to the beneficiary each tax year, then the beneficiar...
Activity Feed for Hi Palms
- Posted Re: Can Principal and Income be Distributed from one SubTrust to another SubTrust? on Get your taxes done using TurboTax. 3 weeks ago
- Got Cheered for Re: Homes in different states. June 19, 2025 2:18 PM
- Posted Re: Homes in different states on Get your taxes done using TurboTax. June 19, 2025 1:38 PM
- Posted Re: Homes in different states on Get your taxes done using TurboTax. June 19, 2025 12:37 PM
- Posted Re: Trust for Education 1041 on Get your taxes done using TurboTax. June 17, 2025 11:36 AM
- Posted Re: Trust for Education 1041 on Get your taxes done using TurboTax. June 16, 2025 7:12 AM
- Posted Re: Capital gains liability & filing by Estate on Get your taxes done using TurboTax. June 14, 2025 10:59 AM
- Posted Re: Question on time spent at customer on Deductions & credits. June 12, 2025 1:02 PM
- Posted Re: Do I need to File Sch K-1 with Form 1041 on Get your taxes done using TurboTax. June 10, 2025 6:47 AM
- Got Cheered for Re: Losses on rental property. June 7, 2025 8:09 AM
- Got Cheered for Re: Losses on rental property. June 6, 2025 11:05 PM
- Posted Re: Losses on rental property on Investors & landlords. June 6, 2025 12:16 PM
- Posted Re: Do I need to File Sch K-1 with Form 1041 on Get your taxes done using TurboTax. June 6, 2025 7:04 AM
- Posted Re: Irrevocable Grantor Trust on Get your taxes done using TurboTax. June 4, 2025 11:20 AM
- Posted Re: Revocable trust distributions on Retirement tax questions. June 2, 2025 6:26 AM
- Posted Re: Revocable trust distributions on Retirement tax questions. May 31, 2025 11:21 AM
- Posted Re: I was charged $454 capital gain tax even though I carried into 2024 tax year more than $200,000 in losses. I took the $3000 loss, but the $454 never got offsite. on Get your taxes done using TurboTax. May 27, 2025 9:04 AM
- Posted Re: Estate Capital Gains Tax on Get your taxes done using TurboTax. May 19, 2025 5:27 PM
- Posted Re: Estate Capital Gains Tax on Get your taxes done using TurboTax. May 19, 2025 5:25 PM
- Posted Re: Fiscal Year for an Estate 1041 on Get your taxes done using TurboTax. May 19, 2025 5:34 AM