1 May 2009
Taxpayer asks:
“Rude surprise for taxpayers
Millions of people who are enjoying President Obama’s tax credit will need to return some of it.” http://finance.yahoo.com/news/INSIDE-WASHINGTON-Rude-apf-15091434.html?.v=1 Per the Yahoo News
I read the article and not sure what to believe. Are their problems ? Should we withhold extra to get the same amount back assuming all household/Income things [...]
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23 April 2009
Taxpayer asks:
Hi,
I am currently retired, age of 60.
I have pension income of $48K / yr and investment income of 20K/ yr.
What are the tax consequences of converting a 401k of $120K to a Roth IRA?
To limit taxes, should the conversion be structured over several years?
Thanks,
Taxgirl says:
Retirement planning is so not my forte. So I’m [...]
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