Investment and Financial Markets

Navigate the complexities of reporting partnership interest redemption on Form 1065 with insights on basis determination, asset accounting, and required disclosures.

Explore the nuances of deducting farm expenses without farm income, including key considerations and tax implications.

Explore how severance pay interacts with 401k contributions, including employer policies, contribution limits, and tax implications.

Learn how to amend your Michigan tax return with step-by-step guidance on correcting filings and managing adjustments efficiently.

Learn the steps to obtain a 1099 for a deceased individual, ensuring proper documentation and communication with issuers.

Learn how to accurately calculate and report the cost basis for Prudential demutualization, ensuring compliance and proper record-keeping.

Explore how Fidelity handles errors on 1099-R forms, including the process for issuing corrected or amended versions.

Explore property tax exemptions available to widows, including common benefits and region-specific provisions, and learn how to apply effectively.

Explore why TaxCaster estimates may vary from your actual tax return, considering factors like income changes, deductions, and state differences.

Understand how your Social Security benefits may be taxed based on income and filing status, and learn how to report and manage payments effectively.

Learn how to manage sales tax information effectively, ensuring compliance and accuracy in your business transactions.

Explore how filing separately affects your eligibility for EV tax credits and understand the necessary criteria and documentation involved.

Understand the tax implications of CD gains, including interest reporting, early withdrawals, and tax-deferred account strategies.

Learn how to accurately report Airbnb income without a 1099, including tips on deductions, tax obligations, and effective recordkeeping.

Discover the key eligibility criteria for the Earned Income Tax Credit and learn how to determine if you qualify for this valuable tax benefit.

Navigate the complexities of U.S. tax on foreign capital gains with insights on residency, applicable gains, and reporting requirements.

Understand the implications of receiving an IRS package from Ogden, Utah, including possible tax adjustments and necessary actions.

Explore the nuances of gifting money to your spouse tax-free, including rules for noncitizen spouses and reporting obligations.

Explore the significance of ptaxhb/de/vi on tax forms, including its impact on income categories and multi-jurisdictional tax considerations.