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Thank you for taking the time to answer my question and provide some education for me. I'll study up a bit more on this. I agree with your take on the taxation ...
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I appreciate your clear and prompt explanation. Thank you very muchTo be honest, my original source was a CPA friend of mine. He is a pretty knowledgeable tax g...
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Hello all. I hope your tax season is off to a good start.I have a client with a number of US Treasury Note redemptions reported on 1099-B with Accrued Market Di...
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Yup this is exactly what they are going to do. So it should work out in the end. The extension will buy them time to fix it and avoid the 6% penalty.Thanks to a...
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"Once the funds were removed from the IRA, they are just like any other funds your taxpayer can spend. That large distribution event is taxable."The funds were ...
