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Showing content with the highest reputation on 11/28/2017 in all areas

  1. Surely y'all jest. IRS publications are so edifying and stultifying. Not to mention mesmerising.
    4 points
  2. This is probably a dumb idea but it has worked in the pass, call the IRS on two different telephone lines, you have a 50% chance of one getting picked up first. Do not attempt this gimmick if you only have access to one telephone line, believe me it won't work for you.
    3 points
  3. Also, after holding for three hours the average person is not going to be in a good mood when they talk to the representative that they finally have on the line. So as a courtesy to the representative, they don't put those people through.
    2 points
  4. That is just perfect! How many times do we get further confused on reading the official instructions, after all? Back in my failure-analysis-engineering days, I had a sign in my office. The last statement read, "But we think that we are confused at a higher level, and about more important things."
    2 points
  5. Scholarships that aren't limited to tuition, fees, books, or given to a student who is not a degree candidate, are taxable. So if an art lover is taking an art history course just to expand their knowledge, and they get a scholarship from an art museum, it's taxable. If a scholarship covers room and board, that part is taxable. I'm sure you've done so, but check out Pub 970 for further confusion.
    2 points
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