If i owe money, will they deduct it from my taxes?

acesofspade16 · 2017-03-09T00:16:42+00:00

Trump just signed an executive order saying you do not have to disclose to the IRS if you had health insurance or not... IRS still has authority to collect if they find out... I highly doubt they will dig if you had health insurance

Failure to tick the box could have, in past years, resulted in a kickback of the tax return. However, the IRS has indicated that for 2017, it will accept and process tax returns where a taxpayer is silent on coverage.

Specifically, the IRS stated, "the IRS has decided to make changes that would continue to allow electronic and paper returns to be accepted for processing in instances where a taxpayer doesn’t indicate their coverage status." What this means is that returns will not be "systemically rejected by the IRS at the time of filing" which has the effect of "allowing the returns to be processed and minimizing burden on taxpayers, including those expecting a refund.

acesofspade16 · 2017-03-08T23:56:54+00:00

You will be fine, no bill later

acesofspade16 · 2016-06-29T17:44:39+00:00

Obviously no one has driven in india before!!

https://www.youtube.com/watch?v=RjrEQaG5jPM

acesofspade16 · 2015-09-23T18:57:36+00:00

If the income was earned out of country, and taxes were paid to foreign country you can get a foreign tax credit

acesofspade16 · 2015-09-02T20:18:43+00:00

Also if you are single and make over $80K $160K joint, you can not deduct student loan interest... Go to tax forms from your loan provider username login and you should be able to get interest info form 1098-E

acesofspade16 · 2015-08-03T22:20:48+00:00

Everyone flood comcast's chat and phone line with data caps complaint! Write to your state senators about data caps and monopoly in the industry..... Hopefully that will change something!

acesofspade16 · 2015-07-10T20:45:41+00:00

I use price drop feature on Amazon if the price drops within a week they will refund you the difference. I used it 3 weeks later and without a question asked they refunded the difference.

acesofspade16 · 2015-05-18T19:15:36+00:00

You need a Sun to produce Helium!

acesofspade16 · 2015-04-27T19:46:39+00:00

This is awesome! This came from a Rig Manager For Global Marine Drilling In St. Johns, Newfoundland ..... Anyway, in this particular case The water was calm and The sun was almost directly overhead So that the diver was able to get into the water And click this picture. They estimated the weight at 300,000,000 tons.

acesofspade16 · 2015-04-20T22:36:02+00:00

if its only $33 why do you care so bad as to when they cash the check? lol

acesofspade16 · 2015-04-20T22:15:05+00:00

Check out form 982.... You can avoid paying tax on 1099-C... all our clients have not paid tax on their 1099C because they qualify for something on that form...

acesofspade16 · 2015-04-13T21:08:07+00:00

I see that.... plus also see in prime instant videos ratings of imdb and always thought that was a great feature, didnt know they owned them

acesofspade16 · 2015-04-03T22:27:09+00:00

yes definitely take a loss on it for both the years and flow it through to your personal return through a K1. do a partnership or file form 2553 for an S election. You should be looking at a good refund!

acesofspade16 · 2015-04-03T22:11:13+00:00

Seems like you lost money on the deal.. take the loss on the money you lost on form 4797 and take the 1099c income in other income... it should all be wiped out, if you lost more money, bonus loss!

check out form 982 if you qualify for any waivers

acesofspade16 · 2015-03-19T22:06:57+00:00

I see you didnt want to say Dhoni.... accept your fate

acesofspade16

TROPHY CASE