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Showing content with the highest reputation on 05/25/2015 in all areas
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He would have probably gotten away with it if he hadn't tried to marry that good-looking golden retriever who lived in the house down the street.2 points
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IRS says there is nothing they can do, and that it is a bank issue. Bank of America says there is nothing they can do and that it is an IRS issue. Unreal, how much of a pain this has turned into.1 point
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To qualify for the insolvency exemption. the person must have been insolvent on the DAY BEFORE the debt was cancelled. This is a very key matter. The date of the debt cancellation will be on the 1099-C. Nothing that happens before or after that date has any effect. Be careful not to get drawn into an attempt to avoid paying tax that is owed.1 point
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Change the 10 to a 6 and I will agree with you.1 point
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https://www.facebook.com/Chad.Warner68/videos/1629459670940/1 point
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Powerful and heart wrenching. Thank you KC for posting. I am a lucky one. My son served in the military and came home ok.1 point
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I don't think you can separate them. See 8582 form instructions page 5 here: http://www.irs.gov/pub/irs-pdf/i8582.pdf In the right hand column: "A partner or shareholder may not treat as separate activities those activities grouped together by the partnership or corporation."1 point
