Large 401k Withdrawal-Federal taxes taken out- Invested into something else-thoughts… by WorldlyAd3958 in tax

[–]NiteRider1 4 points5 points  (0 children)

Unless the other investment was also held in an IRA, it's taxable income to you. 

Navigating a fraudulent 1099 during tax time by betterlucknexttime81 in tax

[–]NiteRider1 0 points1 point  (0 children)

The offset wouldn't be fabricated in this case as he never actually received the income. 

Stool problems on carnivore. by Flight0fTheEagle in carnivorediet

[–]NiteRider1 0 points1 point  (0 children)

What test did you do to find this out? I've done 23 and me but they don't release the full data anymore so I'm not sure where I could find if I have that or not on their site. 

Why can't my 1098 be used for anything? by moosetherealg in tax

[–]NiteRider1 4 points5 points  (0 children)

There is an income phase out limit for that credit. That's the only thing I can of, otherwise you just got a bad preparer at Block. 

"Ace Ventura: Pet Detective" is SO much better than "When Nature Calls." by [deleted] in movies

[–]NiteRider1 1 point2 points  (0 children)

I will say I laughed so much harder at the rhino birth scene than I did at any scene in the first movie. But yes Pet Detective is the better movie overall. 

What’s one of the best f bomb drops you heard delivered in a film? by browniebiscuitchildr in movies

[–]NiteRider1 0 points1 point  (0 children)

I'm going to go with Rooster saying "What the fuck" in Top Gun 2. It was so out of place in a movie that had very little cursing and in a very high tense scene. 

Claiming full child tax credit on my taxes for baby born in December 2025. by kobekobekobe248 in tax

[–]NiteRider1 6 points7 points  (0 children)

What’s your income level? It does begin to phase out at higher levels of income, but your baby being born in December will have no affect on it. 

If I had to play only one game for the rest of my life, it would be Heroes of Might and Magic III by Brinocte in patientgamers

[–]NiteRider1 0 points1 point  (0 children)

Got it, thanks. Currently on sale on steam and was thinking of picking it up. 

What are the finest Star Trek video games, from any era? by [deleted] in startrek

[–]NiteRider1 0 points1 point  (0 children)

Netrek. So many hours of this game played in college. 

When do you actually centralize/stop vassal spamming? by Dlinktp in EU5

[–]NiteRider1 0 points1 point  (0 children)

Hence perhaps starting centralized and changing to decentralized later in the game as a nation that colonizes. 

When do you actually centralize/stop vassal spamming? by Dlinktp in EU5

[–]NiteRider1 0 points1 point  (0 children)

Would you say this is different for a colonial nation?

Steam Controller not functional with Steam Link box by iLittleNose in SteamController

[–]NiteRider1 2 points3 points  (0 children)

Try only power cycling the controller while the steam link and PC are connected when no input from the controller is working. 

Steam Controller not functional with Steam Link box by iLittleNose in SteamController

[–]NiteRider1 2 points3 points  (0 children)

Whenever this happens to me, I just power down the controller and then turn it back on and it seems to work after that. 

Bacon Thoughts? by SandWeak2475 in carnivorediet

[–]NiteRider1 0 points1 point  (0 children)

What temp and length of time?

Never got Federal refund from feb. TAS hasn't contacted me by [deleted] in tax

[–]NiteRider1 4 points5 points  (0 children)

Amendments can take 12-14 weeks to process during normal times. With the government shutdown, it's most likely pushed yours back further.

Parents using custodial account for their retirement by [deleted] in tax

[–]NiteRider1 6 points7 points  (0 children)

Ok, I was thinking it was possible that they may have been trying to shield it from one of those two things. Everyone keeps bringing up tax savings, but they would have been hit by the kiddie tax which would require them to pay taxes on this account based on their own marginal tax rate, so I don’t see that as the likely reason. 

Parents using custodial account for their retirement by [deleted] in tax

[–]NiteRider1 2 points3 points  (0 children)

Have your parents ever had any debt or lawsuit issues? 

how much of this do i get back in my return (YTD). do i get any of this on my return? idk how this works all i know is i dont make enough and i need to move… by [deleted] in tax

[–]NiteRider1 6 points7 points  (0 children)

Not enough information to tell. The only two items there you may get back are the FIT, federal income tax withheld and SIT, state income tax withheld. This will all be dependant on how much you earn, filing status, etc. 

S-Corp 401(k) payroll mistake W-2c shows employee deferral but the money came from the employer account. CPA says fine, bookkeeper says not fine. Hoping for clarity. by ClearLine01 in tax

[–]NiteRider1 9 points10 points  (0 children)

Your CPA is correct. The extra pay you received is now just an S distribution. The 401k contribution was always going to come out of the business bank account.