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llc interest
Apr 19, 2014 - 9:25 AM - by urrterrible
Can a departing member gift the interest back to the llc?

thanks
1099 and W2 dont add up
Apr 15, 2014 - 5:45 PM - by sp44
Hi all,

So I workd in 2013 with both 1099 and W2.

As a 1099 I made $10500
As a W2 I made $29500

At the end it said I owed roughly $2,000.

I then decided to do each my 1099 and W2 separately. When I did my 1099 by itself it said I owed roughly $1400. When I did my W2 separately withouth my 1099, it said I get a refund of roughly $1300.

Why is it that when I entered both of them in TurboTax that it says I owe... [Read More]
Applying transitional IRA deduction when filling tax in two state
Apr 15, 2014 - 12:06 PM - by prasoonkc
Last year I moved form Utah to Arkansas in June 1 week. I have to file tax in both the states. I have made payments to transitional IRA account for 2013. The total deduction amount is 11000 for me and my wife filling jointly. Can I deduct 11000 from both the state returns or should I split it or should I claim deduction from just one state. I would appreciate quick help.
Applying Tranditional IRA deduction when filling in 2 states
Apr 15, 2014 - 8:22 AM - by prasoonkc
Last year I moved form Utah to Arkansas in June 1 week. I have to file tax in both the states. I have made payments to transitional IRA account for 2013. The total deduction amount is 11000 for me and my wife filling jointly. Can I deduct 11000 from both the state returns or should I split it or should I claim deduction from just one state. I would appreciate quick help.
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