@user17717088430wrote:
That answer makes no sense. When you do a conversion from a traditional IRA to a Roth, you pay tax on the amount converted. It should mak...
Possibly but it's tricky.
Home improvements are usually not deductible. Instead, they add to the cost basis of the home and may reduce your capital gains when ...
Yes, withdrawals from an IRA are taxable income. If you had withholding, that goes on your account as a credit, but your income and taxes are calculated just on...
@user17713397972wrote:
I understand, but last year my income was $40,000 and my refund was $275. This year my income is $50,000 and my refund appears to be $2,0...
@AmeliesUncle
I am puzzled/surprised. Section 25C says that each item of qualifying property needs its own QMID, and the QMID must be printed on the property i...
