TaxConnections

Ask Tax Question
How Do You Report Matching Contributions To A 401(k) By A Partnership On Behalf Of Its Partners On Form 1065? Do These Matching...
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

The contributions must be shown on the K-1 as Guaranteed Payments. Line 4 of the K-1. They would also be shown on line 13, code R. As a guaranteed payment, the amount would be included in taxable income. However,...   Read More
What Type Of Retirement Plans Are Available For Small Businesses?
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

Basically, there are two options. A SEP or SEP-IRA and a SIMPLE plan. SEP stands for Simplified Employee Pension, and may be used to fund an IRA for the business owner and employees. Hence, it is frequently...   Read More
Is There Tax Due On An Inherited 401k, Either State Or Fed Income Tax? Can I Roll This Over To An IRA Without Having To Pay Taxes On It? Do...
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

You will have to pay Federal income tax on withdrawals from the 401(k). State laws vary, in some states, it would not be taxable. Pennsylvania does subject withdrawals to taxation. If you are inheriting the 401(k)...   Read More
0 0 401(k)
What Are The Exceptions To Penalty For Early Withdrawl From A 401K Or IRA?
User Photo Hongde Liu
Tax Professional Level: Tax Enthusiast

File Form 5329 with 1040. On Form 5329 Line 2, fill the amount with the exception code. The exception code can be...   Read More
My Client Left South Africa 5 Years Back. He Is Tax Resident USA (resident Alien) And His SA Pension Fund Pay Out Accrues Before Feb 2014 (...
User Photo Kathryn Morgan
Tax Professional Level: Master Tax Advisor

I have not checked the Tax treaty, but, normally what would happen in this situation is the client would include the income on his US tax return as if it was US pension or SSA benefits.  If the income he is...   Read More


Meet Leading Tax Advisors

User Photo Kathryn Morgan

Bossier City, Louisiana, USA

Enrolled Agent, Master Tax Advisor

User Photo Peter J. Scalise

New York, New York, USA

Federal Tax Credits & Incentives Practice Leader

User Photo John Stancil

Lakeland, Florida, USA

Tax Advisor/CEO

User Photo John Dundon, II EA

Denver, Colorado, USA

Tax Director

User Photo Steven Potts JD EA IAR

Fullerton, California, USA

Principal

User Photo Devon McCarthy FCCA, EA

Sanford, Florida, USA

President

User Photo Caran Ebert, CPA

Topanga, California, USA

Tax Advisor

User Photo Lisa Nason CPA, MST

Greenville, South Carolina, USA

Managing Shareholder

User Photo Gary Carter, PhD, MT, CPA

Edina, Minnesota, USA

President

User Photo NEERAJ BHATIA, CPA

Santa Clara, California, USA

Tax Principal - President

User Photo Bill Robinson, CPA

Chattanooga, Tennessee, USA

Owner

User Photo Hugo Van Zyl

Stellenbosch, South Africa

Exchange Control & Master Tax Practitioner (SA)

User Photo Douglas Stransky

Boston, Massachusetts, USA

Tax Partner, International Tax

User Photo Larry Stolberg, CPA, CA

Toronto Mississauga Oakville Burlington Hamilton, Canada

Tax Specialist

User Photo Dr. Daniel Erasmus

West Palm Beach, Florida, USA

Managing Partner/EMEA

User Photo Jorge Otoya

Cleveland, Ohio, USA

President

User Photo Kat Jennings CEO

La Jolla, California, USA

Founder/TaxConnections CEO

User Photo Mary Beth Lougen EA USTCP

Virginia, USA

President and Founder

User Photo Darren Sanford

Memphis, Tennessee, USA

CPA

User Photo Barry Fowler

Houston, Texas, USA

President

User Photo Kelly Estep

Vancouver, Washington, USA

Owner

User Photo James Sutton, CPA, Esq

Tampa, Florida, USA

Florida Sales Tax Attorney

User Photo Cecilia Scutaru Andor

Charleroi , USA

Tax Preparer / Notary / Signing Agent

User Photo Bernice Brightbill

Los Angeles, California, USA

singer

User Photo JEANIE PITNER

Battle Ground, Washington, USA

Owner

User Photo David Gadberry

Houston, Texas, USA

Tax manager

User Photo Howard Liebman

Brussels, Belgium

Partner

View/Select our Current List of Tax Topics

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Previous PageNext Page

Log into Tax Connections

Not a member?    Register Now For a Free Account
I've forgotten my password
Contact Us Today