Form 1040 Archives - Page 8 of 8 - FREE Yourself from IRS Problems

Shamsey Oloko January 18, 2016 Charitable Contributions, Civil Penalties, Deductions, Expenses Deductions, FICA, Form 1040, Frivolous Return Program, Social Security Benefits, Social Security Taxes, Tax fraud & evasion 0

SOCIAL SECURITY TAXES DEDUCTIONS

Is There A Right To A Refund Of, Or A Deduction For, Social Security Taxes Paid Based On The Fact That A Taxpayer Has Waived The Right To Receive Social Security Benefits Or Has Donated Social Security Taxes Or Benefits…

Shamsey Oloko January 6, 2016 Damages, Emotional Distress, Form 1040, Interest Income, Physical Injury, Proceeds, Punitive Damages, Schedule SE, Settlement, Taxable Income 0

WHAT? I HAVE TO PAY TAXES ON MY LAWSUIT AWARD?

You’ve just received an award as the prevailing party in a lawsuit and it’s just a few weeks before the April 15th tax deadline. As you organize your documentation for the preparation of your taxes, you suddenly wonder if you…

Shamsey Oloko November 12, 2013 Deductions, Form 1040, Income, News 0

Disappearing Deductions

Disappearing Deductions As tax planning for the oncoming year 2014 get into full swing, it may be helpful to highlight some of the popular deductions that are currently slated to become unavailable to taxpayers by year-end. Of course, your New…