I am wondering if we could include an ability to calculate the tax savings with a conservation easement. This is a pretty good strategy, but I don't see a method to calculate it.
I am trying to compute a backdoor Roth strategy with decreased value stock held in an IRA. I'm not finding the ability to show the increase in tax due to the conversion, with the potential savings.
Great answer. I have followed your advise and I have the information. Thank you Rick. Now, my (hopefully) last question is where do I enter it in the program?
A bit confused. Employee had shares vested. Zero Basis. Morgan Stanley shows the taxable compensation, deduction for release costs, as well as taxes paid (including SE tax). I don't see anything o...
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A bit confused. Employee had shares vested. Zero Basis. Morgan Stanley shows the taxable compensation, deduction for release costs, as well as taxes paid (including SE tax). I don't see anything on the W2 that would indicate this. Where would you enter that information?
Thank you. I was concerned because the first w2 federal and state incomes were the same, leaving nothing for the 2nd state. Confusing to a novice like me