How to account for gas bonuses topped the list of questions that CPAs received during Sunday's annual Tax Hotline at the Star-Telegram.
Click here to read the full report from S-T staffer Barry Shlachter.
-- Scott Nishimura
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February 11, 2008
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This article is incomplete and thus misleading. The reality is there are additional tax credits for small children (why did you specify a couple "with small children"? their ages don't matter so long as they're minors), childcare (Obama made childcare subsidies for IL under Welfare Reform much higher than Clinton allotted, tg- one of many reasons I voted for him) and elderly dependents. More average Americans than ever are taking in their elders for help with utterly unaffordable childcare (talk about a...
Posted by: | April 09, 2009 at 07:53 PM
I leased property through a middle man at a cost of $100 an acre. This is deductible from the bonus. Your previous add says bonus are to be reported either as rent income or royality. 1099 shows rent. I will be glad to list it as royality and that is subject to a 15 per cent depletion allowance.
Posted by: ed counts | February 13, 2008 at 01:34 PM
Four Seven's 1099 misc. are incorrect.
It should be box 1 or 2.
Call 817-870-9998, 4/7's Energy.
Posted by: BH | February 13, 2008 at 08:00 AM