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Can i cash out my 401k if I've already took half and lose my
Can i cash out my 401k if I've already took half and lose my job … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
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I filed my taxes for the 2016 year in February of 2018. I
Hi, I filed my taxes for the 2016 year in February of 2018. I was due a refund of $1450.00. I had to mail it in since it was late. On where's my refund it was saying "Processing" for 2 months. Then I … read more
James Daloisio
James Daloisio
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i received notice that my returns where being held up for review. I know the problem and believe it can easily clear the issue. My problem is my wife told me about the notice but has lost the notice s… read more
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I closed my failed small business, but for 2016 and 2017 I
I closed my failed small business, but for 2016 and 2017 I did not file my 1099R in which I borrowed $35,000 from my business Solo 401k. How should I file? A 1099R for 2016 and 2017; and I'm not sure … read more
Robin D.
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Is there a way to immediately receive the balance due on my
Is there a way to immediately receive the balance due on my 2014 forms; I have been allowed to send my payments. Thank you.… read more
Lane
Lane
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Hello. I have a question regarding last years tax return. I
Hello. I have a question regarding last year's tax return. I took an early withdrawal from my 401k ($67,000) which changed what would have been a few thousand refund into a $20,000 tax bill (which is … read more
Lev
Lev
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I requested a loan from my 401k through an automated system
I requested a loan from my 401k through an automated system in 2008. After approval, I began paying on the loan. I was contacted a year later, and was told that due to a flaw in the automated system, … read more
Lev
Lev
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HELLO, I JUST TOOK OUT A 401K LOAN FOR $20,000 AND I WAS TOLD
HELLO, I JUST TOOK OUT A 401K LOAN FOR $20,000 AND I WAS TOLD THAT I WILL BE PAYING MYSELF INTEREST AND NOT A BANK. IF THAT IS THE CASE, WHY SHOULD YOU HAVE TO PAY INTEREST AT ALL? IS THAT AN IRS REQU… read more
Megan C
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I am following up with a question I asked this morning.........I
I am following up with a question I asked this morning.........I called the IRS about my 2008 tax issue...I incorrectly rolled over money in that year. It was an enormous mistake. The woman at the IRS… read more
JKCPA
JKCPA
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In January 2008, I wanted to roll over funds in a 401K fund
In January 2008, I wanted to roll over funds in a 401K fund from a former job to an existing IRA account of mine. I contacted the 401K plan administrators (a bank), and directed them cut the check - a… read more
Bill
Bill
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In 2008, I claimed $5000.00 for my 401K, I had maxed out my
In 2008, I claimed $5000.00 for my 401K, I had maxed out my employee sponsered 457. I received notice from the IRS that I owe and additonal 1600+ takes. This was an error on our part and this $5000 sh… read more
Merlo
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I have a SCORP started in 2008 Q4. I just discovered I shorted
I have a 1 person SCORP started in 2008 Q4. I just discovered I shorted my Q4 W2 NET by $150 and need to file an Amended 1120S, K1, 1040 et al. W2 Gross was $7164.00. Can I just use that amount as Con… read more
Chad Oberg
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I want to take money from company 401k and reinvest in property.
I want to take money from company 401k and reinvest in property. Is this posible without paying a penalty… read more
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My children inheritance their fathers 401 k. They are 21 and
My children inheritance their fathers 401 k. They are 21 and 23. The state want to tax them the each the total amount, even though it they split the 401 account. They can only take out a small amount … read more
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I have a $50,000.00 401K taxable distribution from 2007...
I have a $50,000.00 401K taxable distribution from 2007... 2008 has under $5,000.00 income. Can I Income Average or move the the tax hit to 2008? I am currently negoiating with the IRS.… read more
Lev
Lev
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Hello, My Dad is 80. In 2008 he had to close out an 401K since
Hello, My Dad is 80. In 2008 he had to close out an 401K since he needed the money. He usually never owes taxes and only had money taken out of his pension as a savings plan. Now they say that because… read more
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I have lived off my retirement money the last two ...
I have lived off my retirement money the last two years because i was unable to work due to a medical issue. Is there anyway to avoid paying the 10% penalty. This is my only income and I live off this… read more
Bill
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I owe 7000 dollars from 2005 tax return but havent been ...
I owe 7000 dollars from 2005 tax return but havent been able to make a payment plan and I need to. I was just wondering how long will the irs let you pay your taxes before they start filling liens and… read more
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