Comments for The Good Tax Guide http://goodtaxguide.net Free Information and Tips on Tax Issues Mon, 22 Mar 2010 19:32:17 +0000 hourly 1 http://wordpress.org/?v=3.0 Comment on Tax Deduction for Legal Fees on Tax Return by Peter Protopapa http://goodtaxguide.net/tax-deduction-for-legal-fees-on-tax-return/comment-page-1/#comment-36 Peter Protopapa Mon, 22 Mar 2010 19:32:17 +0000 http://goodtaxguide.net/?p=73#comment-36 My situation is as follows: I had a wrongfull dismissal suit that i used a lawyer for. I obtained a settlement and received a W2 taking out taxes for the whole amount. The company sent the proceeds (minus taxes) to the lawyer directly and he took out his gross fee (which I had paid tax on) and sent me the balance. How would I report this on the return? My situation is as follows:

I had a wrongfull dismissal suit that i used a lawyer for. I obtained a settlement and received a W2 taking out taxes for the whole amount.

The company sent the proceeds (minus taxes) to the lawyer directly and he took out his gross fee (which I had paid tax on) and sent me the balance.

How would I report this on the return?

]]> Comment on Tax on Sick Pay by Shirl http://goodtaxguide.net/tax-on-sick-pay/comment-page-1/#comment-27 Shirl Tue, 03 Feb 2009 01:30:30 +0000 http://goodtaxguide.net/?p=66#comment-27 I qualified for long term disability for a 24 month period. However, after 6 months they paid a lump sum. I just found out this is taxable. It was under a cafeteria plan that I paid before tax was taken out. Would have been better if they had continued the monthly payments! I qualified for long term disability for a 24 month period. However, after 6 months they paid a lump sum. I just found out this is taxable. It was under a cafeteria plan that I paid before tax was taken out. Would have been better if they had continued the monthly payments!

]]> Comment on Housing Allowance Tax for A Minister by Bobbi Veach http://goodtaxguide.net/housing-allowance-tax-for-a-minister/comment-page-1/#comment-23 Bobbi Veach Tue, 18 Nov 2008 13:05:03 +0000 http://goodtaxguide.net/?p=29#comment-23 Where (if anywhere) should ministers who are SE exempt log the housing allowance portion of income on W2 or tax returns? Where (if anywhere) should ministers who are SE exempt log the housing allowance portion of income on W2 or tax returns?

]]> Comment on Housing Allowance Tax for A Minister by will http://goodtaxguide.net/housing-allowance-tax-for-a-minister/comment-page-1/#comment-11 will Mon, 10 Nov 2008 22:20:37 +0000 http://goodtaxguide.net/?p=29#comment-11 We were planning on giving our minister 1200 for a housing allowance. Should I give him two checks, one for his regrlar salary and one for housing allowance, or should we the religous affiliation pay the owner directly. We were planning on giving our minister 1200 for a housing allowance. Should I give him two checks, one for his regrlar salary and one for housing allowance, or should we the religous affiliation pay the owner directly.

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