Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
Only: For the past 2 or 3 years, I have received a 1099-misc
This question is for Lane only: For the past 2 or 3 years, I have received a 1099-misc income form for income I received for board work in a micro-cap company, but all of that compensation has been in… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,207 satisfied customers
I moved money from one IRA to another. Move from Interactive
I moved money from one IRA to another. Move from Interactive brokers into my checking account then moved it via wire transfer to TD Ameritrade. Received a 1099R from Interactive Brokers, but nothing f… read more
Bill
Bill
Master's Degree
3,154 satisfied customers
Returning withdrawn money(contributions) from ROTH IRA. I
Returning withdrawn money(contributions) from ROTH IRA. Hi, I withdrew some money for an emergency from my roth IRA in TD ameritrade on 7/27/16. Then on 8/29/16 I switched brokers and transferred what… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,408 satisfied customers
I am the executor and sole trustee of my parent's Living
I am the executor and sole trustee of my parent's Living Trust. I am one of three beneficiaries. My dad had an IRA held by TDAmeritrade and managed by a local brokerage frim. In order to disburse thos… read more
PDtax
PDtax
Owner
Master's Degree
4,714 satisfied customers
I inherited an IRA in 2007 (non-spouse) and withdrew based
I inherited an IRA in 2007 (non-spouse) and withdrew based on MRD requirements related to the stretch option. I paid taxes over the years related to these MRD withdrawls. Just recently I was informed … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,414 satisfied customers
I owned a stock call Ferrell Gas Partners (FGP) in 2009 and
I owned a stock call Ferrell Gas Partners (FGP) in 2009 and 2010, 20,000 shares, then sold them in early 2011. The stock was held in an IRA in TDAmeritrade. We were not informed by the IRA Dept of TD … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,207 satisfied customers
I am a nonspousal beneficiary of an employee sponsored 401k
I am a nonspousal beneficiary of an employee sponsored 401k plan. The decedent died last year and was not yet 59 and a half. Is there a deadline by which I have to rollover the 401k funds into an inhe… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,414 satisfied customers
This question is in regards XXXXX XXXXX proper method for filing
This question is in regards XXXXX XXXXX proper method for filing taxes in the wake of the liquidation of the Reserve Management Company and its associated “Reserve Funds.” On Monday, September 15, 200… read more
L Dietz CPA
L Dietz CPA
Certified Public Accountant
Bachelor's Degree
31 satisfied customers
IRS Publication 590 specifies on page 34 that the required
IRS Publication 590 specifies on page 34 that the required minimum distribution from an IRA for ANY year after you turn 70 1/2 must be made by December 31 of that later year. And the RMD for each year… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,414 satisfied customers
I am 70 years of age and in 2011 I must start taking out the
I am 70 years of age and in 2011 I must start taking out the Minimum Required Distribution (mrd) from my IRA. I do NOT plan to take it in a lump sum and will use the uniform lifetime table for distrib… read more
CGCPA
CGCPA
CPA
Bachelor's Degree
3,820 satisfied customers
My father passed away last year. My sister, is handling the
My father passed away last year. My sister, is handling the estate. She tried to retrieve the money from his IRA at TD Ameritrade to put into the "family trust". From there, all of the funds would be … read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
On November 16, 2010 I will be 70 1/2 years old, and obligated
On November 16, 2010 I will be 70 1/2 years old, and obligated to begin withdrawing from my two before tax accounts. 1) How do I establish the account value on December 31 2009? Is the monthly stateme… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,414 satisfied customers
I turned 70 1/2 ON December 18, 2009. When must I take a
I turned 70 1/2 ON December 18, 2009. When must I take a minimum distribution from my Federal Thrift Savings Plan and IRA's. I understand that I don't have to take one for 2009 but must take one for 2… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,414 satisfied customers
i currently have a ira and have been taking mrds each year
i currently have a ira and have been taking mrd's each year and paying the federal tax on the income. what tax if any would be due for the calander year ending dec 31 2010 if i roll all of the ira to … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,414 satisfied customers
I cashed out approx. $10,000.00 from my TD Ameritrade account
I cashed out approx. $10,000.00 from my TD Ameritrade account 3 months ago; and am just now placing that amount into an ING Direct savings account/cd. What will my tax repercussions be on my action? T… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,414 satisfied customers
In 2008 my wife and I had money in the Reserve Primary Fund
In 2008 my wife and I had money in the Reserve Primary Fund money market. I asked for a complete distribution to be rolled over into FDIC insured Cds. I was told that this fund witch is operated by th… read more
Bill
Bill
Master's Degree
3,154 satisfied customers
my sister n i r doing estate of my dad. im trying to get the
my sister n i r doing estate of my dad. im trying to get the house. the probleum im having is . in my dads will he states every thing in his esetate is to be seprated equil . migorty of estate is iras… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,414 satisfied customers
Can after tax money in 401k be deducted from cost basis
Recently used NUA option to take lumped sum distribution of all company stock from 401k. Can I deduct the after tax money in 401k from the cost basis in reporting 2007 normal income and calculating 20… read more
Bill
Bill
Master's Degree
3,154 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,937 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

261 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

17,888 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,659 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x