The IRS Audit Blog

Posts Tagged ‘IRS Forms’

Question: What state tax form does a Massachusetts Limited Liability Company (LLC) use?

Hello,

My friends and I formed a Limited Liability Company (LLC) in the State of Massachusetts. We filled out a 1065 and K-1s for the IRS, but cannot figure out what, if anything, we must file with Massachusetts state. If it is important, 2008 was our first year and we did not make any money.
Thanks for your help!

Answer: The MA partnership return is filed on Form 3 and 3-K1. It is very similar to the Federal filing.
You can print the forms you need at:
www.ma.gov/dor
Click on the tab – for Businesses.
Click on tax forms.

Sue from H&R Block
This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more.

MORSE INSTITUTE LIBRARY

Programs and events at the library.

Teens ‘N’ Taxes – What’s a W-4? Find out.

Question: married h2b visa holder in the U.S. filed single in the irs. would that be a problem?

im here in the states with h2b working visa. in my w2 form says im married. but i filed single to get more refunds. am i gonna be in trouble? what would be your basis to your answer. thanks!

Answer: Go here or call

Central Texas’ top 10 stories of the year

Central Texas’ top 10 stories of the year

What is America’s True Form of Government?

Question: REVISED: Mom passed away leaving my daughter as beneficiary on an Annuity?

Here is more specific information on my previous question: My daughter could not have the money until she turned 18. When she turned 18 she cashed out the annuity being a death benefit inheritence and took the money and put it away in a savings account for college. At the end of the 2009 year she was sent a 1099-INT form with gross disb. being $50, 219.00 (box 1) and taxable amount being $27,525.00 (2a). This was the only income she had and we paid over $5,000.00 in IRS taxes. Now after talking with others (not accountants) I’m being told that since this was an inheritance it was supposed to be tax free up to $100,000.00. We all are in Calif.

Answer: Only the portion that already existed when the death occurred is an inheritance. That is the only part that is tax-free. The taxable amount is the portion that was added during the years between the death and now, which is not an inheritance and is not tax-free.

Early income-tax filing not the best deal

The early bird doesn’t always get the worm. Moreover, said a consumer-finance expert in Penn State’s College of Agricultural Sciences, being in a hurry to file your federal income tax forms in pursuit of a quick refund isn’t always the best idea.

Free Minds TV July 23, 2010 (EP 166)

Question: Downloading IRS forms 8917 ?? Says I need Acrobat Reader 5.0 or later?? CAn I get this form printed …….?

When I downoad the the form from Irs.gov it says right before I print it that I neeed a version of acrobat reader program 5.1 or newer? I think my computer is semi new and would have that but to download that program (8.0) it costs like $100!!! Any help or ideas on what I can do to avoid this cost or where to find a printer friendly copy of that form to attach to my taxes…??? Thanks Alot in advance

Answer: You can download the reader for free from here:

http://www.adobe.com/products/acrobat/readstep2.html

New Law Requires IRS to Write Plainly

Tax forms and other government documents will now be subject to a kind of literacy test, under a new government law that so far has not attracted a whole lot of attention.

Get a Break Courtesy of the IRS – Prepare and e-File Your Ta

Question: I need to file my 2001 taxes, that was the last time I worked?

My stimulus check was confiscated by the IRS because I didn’t file taxes for 2001 and 2002. I worked 1/1/01 till 10/01, then collected unemployment from 10/01 until 4/02. If I just filed for working, and hadn’t collected in 01, I would have gotten a refund. However, unemployment didn’t take out taxes, so I have to pay for unemployment income from October till December 01. (I would think that would be a wash). Then, however, I would owe on unemployment from 1/02 till 4/02. I don’t have any of the paperwork i.e., W/2 and whatever the unemployment form # is. Can I get all the numbers from the IRS and DOR, or do I have to get it from my previous employer and DEA, (unemployment office)? Any information you could give me would be very helpful. I have been on disability since 4/2 so I don’t have to file anymore. Except for this past year, in order to receive the stimulus. .

Answer: Are you saying that you think the refund you would have gotten from working the first 10 months of 2001 would have covered the amount you owed on the unemployment? That’s possible, but you’d have to fill out the return to find out. If there is any net refund, it’s too late to collect it, but if you still owe, then you’d have to pay it. And for 2002, if nothing was withheld, you’d owe if you made enough to have to file.

You should be able to get the numbers from the IRS that you’ll need in order to file.

Marco Rubio’s personal finances clash with call for fiscal discipline

By Alex Leary and Adam C. Smith, Times Staff Writers Thursday, October 21, 2010 Republican candidate for U.S. Senate Marco Rubio maintains his use of political committees and credit cards is above board. For a candidate promising to put America’s fiscal house in order, Marco Rubio has a tough time keeping his own house tidy, plagued by questionable spending and sloppy accounting. On the campaign …

Warnings from Joe Banister with Alex Jones from 2001