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This statement here is a defining factor: "You have $100K you can convert to a Roth. Do it and you're left with $80K" I take a person's age into account, as Gre...
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Someone was getting that income. No one filed the 1099 info on their own taxes? Because you can reply that it was filed on XXX tax return. Or, they thought no o...
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"so the family sold his home and have a gain of 45000" "primary home... they sold it with in 3 months... to just unload it." That has established the value, the...
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"that bring the employee earnings up to minimum wage?" Even then, that's only States with a tip wage offset. Seven of us don't have this.
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The loss is not a pass through loss. However, if there was UBTI in the past (or future), this can be used to offset within the IRA. It never goes to the Form 10...
