2012年3月15日 · Yes, the totals add up, but I guess I had the wrong understanding about Box 11. I thought Box 11 income would also show up in Box 1. However, in this case the Box 11 income is deferred, so it does't show up in Box 1. Guess I'm going to have to refine my defnition of "qualified" and nonqualified".

2013年3月11日 · Ok, so I think I am on the correct paper page of the tax document, Box 11 (A) Excess Deductions on Termination(I am guessing this is the STMT the K-1 was referrring to). On the software it says: 11 Final year deduction Code A Excess deductions. Would this be the same as "Excess Deductions on Termination".

2015年3月7日 · (Refer to the Election Method box near "summary" for details.) Tax document I have shows an entry "Bond Premium Amortization - Interest Bonds" (taxable obligations) with note of "Reference J." Client's "J" total is in the range of $250 with eight separate entries (for specific bonds) shown to reach that total.

2022年5月3日 · Box 11, Code A—Excess Deductions on Termination - Section 67(e) Expenses If this is the final return of the estate or trust, and there are excess deductions on termination that are section 67(e) expenses reported to you as a beneficiary, you may deduct the excess deductions shown in box 11, code A, as an adjustment to income.

04-11-2015, 11:07 am My software has a box on the 1099-R input screen (which looks exactly like the IRS 1099-R) in which you put the first year the ROTH began. This tells the software if it qualifies for the holding period.

2020年6月6日 · Strange situation--My client brought 5 K1s (1065) and 4 of the 5 have zero entered in every category. Not blank but actual zero entries. The fifth K1 has Box 1-(1) Box 2-(11) Box-5--7 Box 19A---5 I have entered information from the K1 with amounts My question is about the other 4 K1s that have zero amounts. Should I

2021年2月3日 · There is an income tab and a place to put in the 1099-MISC but nothing from that box 14 flowed over onto the Form 1040. From what I read, the taxpayer should have had that amount reported in Box 1 of a 1099-NEC also and there should be an additional tax on compensation received from a nonqualified deferred compensation.

2021年3月23日 · Taxpayer is retired and over 59 1/2 and is collecting a monthly income from her nonqualified deferred compensation plan from her prior employer. It's reported on a W-2, Box 1 $5k and Box 11 (nonqualified plans) $5k. Would this qualify for the P & A subtraction on the IT-201? And, if so, have any you taken this

2013年2月10日 · I have had code V in box 12 in the past, but never have I see this: box 14 is ESPP Sale 2405.22 There is a 3922 with the date the option was exercised, but the figures don't match the ESPP sale price. Instead, they are as follows: Date option was granted 01-01-2012 Date option was exercised 06-30-2012 FMV on grant date 59.08 FMV on exercise ...

2012年2月11日 · "Box 4. Shows the fair market value of the property. If the amount in box 4 is less than the amount in box 2, and your debt is cancelled, you may have cancellation of debt income. If the property was you main home, see Pub 523 to figure any taxable gain or ordinary income." The 1099A is an information form.