texasfishingforum.com logo
Main Menu
Advertisement
Affiliates
Advertisement
Newest Members
OlePhart11, Rick P, Raphie, mills_fishes_anywhere, KoreanFishMonger69
119196 Registered Users
Top Posters(All Time)
TexDawg 119,869
Bigbob_FTW 95,490
John175ā˜® 85,933
Pilothawk 83,278
Bob Davis 82,700
Mark Perry 72,525
JDavis7873® 67,416
Forum Statistics
Forums59
Topics1,039,218
Posts13,961,133
Members144,196
Most Online39,925
Dec 30th, 2023
Print Thread
Page 1 of 2 1 2
Income Tax? #13860993 01/25/21 10:30 PM
Joined: Mar 2010
Posts: 25,826
T Bird Offline OP
TFF Guru
OP Offline
TFF Guru
Joined: Mar 2010
Posts: 25,826
I have a IRA income tax question/situation.

Anyone on here a tax preparer?


Okie by birth, Texan by choice.
[Linked Image]
USAF "Thunderbirds" Alumni 1985-1989




Re: Income Tax? [Re: T Bird] #13860998 01/25/21 10:33 PM
Joined: Nov 2018
Posts: 704
L
Lon Hagler Offline
Pro Angler
Offline
Pro Angler
L
Joined: Nov 2018
Posts: 704
I took a class back in college with Liberty Tax and I also stayed at a Holiday Inn Express once. I have an accountant.

Re: Income Tax? [Re: Lon Hagler] #13861000 01/25/21 10:34 PM
Joined: Mar 2010
Posts: 25,826
T Bird Offline OP
TFF Guru
OP Offline
TFF Guru
Joined: Mar 2010
Posts: 25,826
Originally Posted by Lon Hagler
I took a class back in college with Liberty Tax and I also stayed at a Holiday Inn Express once. I have an accountant.


Appreciate the response. wink


Okie by birth, Texan by choice.
[Linked Image]
USAF "Thunderbirds" Alumni 1985-1989




Re: Income Tax? [Re: T Bird] #13861060 01/25/21 11:24 PM
Joined: Feb 2018
Posts: 15,243
S
Sawhorse Online Content
TFF Guru
Online Content
TFF Guru
S
Joined: Feb 2018
Posts: 15,243
Just wanted to let you know Iā€™m not qualified to prepare taxes professionally.

Re: Income Tax? [Re: Sawhorse] #13861062 01/25/21 11:27 PM
Joined: Sep 2018
Posts: 2,480
F
Flyfisherman Offline
Mama's Boy
Offline
Mama's Boy
F
Joined: Sep 2018
Posts: 2,480
Originally Posted by Sawhorse
Just wanted to let you know Iā€™m not qualified to prepare taxes professionally.



I am in the same boat

Re: Income Tax? [Re: T Bird] #13861092 01/25/21 11:55 PM
Joined: May 2002
Posts: 82,700
B
Bob Davis Offline
Bunkeroid Bob
Offline
Bunkeroid Bob
B
Joined: May 2002
Posts: 82,700
You need a CPA to best answer your question. I am not sure if there are any CPAs on the TFF but I could be wrong. The CPAs we use are up in Allen.


[Linked Image]
[Linked Image]



Foxtrot Juliet Bravo
Re: Income Tax? [Re: T Bird] #13861099 01/26/21 12:00 AM
Joined: May 2002
Posts: 5,733
J
JCG57 Offline
TFF Celebrity
Offline
TFF Celebrity
J
Joined: May 2002
Posts: 5,733
Why not state the question to see if you get a good answer?

Re: Income Tax? [Re: T Bird] #13861121 01/26/21 12:19 AM
Joined: Apr 2017
Posts: 12,189
tmd11111 Online Content
TFF Guru
Online Content
TFF Guru
Joined: Apr 2017
Posts: 12,189
I usually owe the IRS every year so definitely not qualified to answer.

Re: Income Tax? [Re: T Bird] #13861125 01/26/21 12:21 AM
Joined: Jul 2010
Posts: 75,759
banker-always fishing Offline
Pumpkin Head
Offline
Pumpkin Head
Joined: Jul 2010
Posts: 75,759
I have a very good CPA in San Antonio. Specializes in taxes. My best advice is to get a CPA and then check his/hers reviews. thumb


[Linked Image][Linked Image]

IGFA World Record Rio Grande Cichlid. Lake Dunlap.

John 3:16

Sinner's Prayer. God forgive me a sinner. I accept Jesus Christ as my Savior !
Re: Income Tax? [Re: T Bird] #13862135 01/26/21 06:58 PM
Joined: Oct 2013
Posts: 2,576
U
UTDmiller Offline
Extreme Angler
Offline
Extreme Angler
U
Joined: Oct 2013
Posts: 2,576
What is your question? I can either answer it or at least point you in the correct direction based on your situation


John Miller
Re: Income Tax? [Re: T Bird] #13862143 01/26/21 07:05 PM
Joined: Mar 2010
Posts: 25,826
T Bird Offline OP
TFF Guru
OP Offline
TFF Guru
Joined: Mar 2010
Posts: 25,826
PM's sent. Thanks.


Okie by birth, Texan by choice.
[Linked Image]
USAF "Thunderbirds" Alumni 1985-1989




Re: Income Tax? [Re: T Bird] #13862167 01/26/21 07:18 PM
Joined: Jul 2006
Posts: 49,422
RATZ Offline
Activity Coordinator
Offline
Activity Coordinator
Joined: Jul 2006
Posts: 49,422
I took Taxation back in college. That sucked cause you couldn't buy used books cause everything was off the new laws. That was like a $200 book too.

So what can I do for you?


If God is your co-pilot then change seats

https://abaltcustomlures.com/



[Linked Image][Linked Image][Linked Image]
Re: Income Tax? [Re: RATZ] #13862196 01/26/21 07:43 PM
Joined: Sep 2008
Posts: 5,143
G
glenls Offline
TFF Celebrity
Offline
TFF Celebrity
G
Joined: Sep 2008
Posts: 5,143
Originally Posted by RATZ
I took Taxation back in college. That sucked cause you couldn't buy used books cause everything was off the new laws. That was like a $200 book too.

So what can I do for you?

Can I count my 2 dogs as dependents??

Re: Income Tax? [Re: T Bird] #13862224 01/26/21 08:03 PM
Joined: Aug 2010
Posts: 620
F
FlyFX Offline
Pro Angler
Offline
Pro Angler
F
Joined: Aug 2010
Posts: 620
At 59 1/2 you are relieved of the 10% penalty, after that age when you take a distribution the amount is subject to the income taxation table

https://www.irs.com/articles/2020-federal-tax-rates-brackets-standard-deductions/


Most people double haul so they can throw their mistakes further - Bernard "Lefty" Kreh - R.I.P.
Glass rod, click & pawl, ugly flies
Re: Income Tax? [Re: glenls] #13862227 01/26/21 08:04 PM
Joined: Nov 2002
Posts: 54,458
R
RayBob Offline
Super Freak
Offline
Super Freak
R
Joined: Nov 2002
Posts: 54,458
Originally Posted by glenls
Originally Posted by RATZ
I took Taxation back in college. That sucked cause you couldn't buy used books cause everything was off the new laws. That was like a $200 book too.

So what can I do for you?

Can I count my 2 dogs as dependents??


Are they still in school?


Advice? Wise men don't need it. Fools won't heed it.

Page 1 of 2 1 2
Previous Thread
Index
Next Thread

© 1998-2022 OUTDOOR SITES NETWORK all rights reserved USA and Worldwide
Powered by UBB.threads™ PHP Forum Software 7.7.3