Related Questions (Ask a New Question)

Does my minor child have to file a tax return for a beneficiary payout?

My son is the beneficiary for his father's 401k valued around $5000. since his father passed in february, my son has been receiving social security survivor benefits. he may also get a summer job. i do not think his benefits and job money would exceed the maximum he can earn without having to file....

See Answers

How can i claim the major losses to my 401 k on my income tax form for 2008 ?

I had income of $13,000 from a job in 2008. i retired in june 2008 at age 69. i get a monthly social security check of $1000 . i am single and now want to take out all money in my 401 k in cash for my living expenses. can i claim losses to my 401 k on my income tax return form? i own a home...

See Answers

Repaying a 401k loan from my 401k

I borrowed $50,000 from my 401k about two years ago and have been paying it back with each paycheck. i anticipated being at my company for at least the five-year payback period of the loan. but last month i was offered a buyout, with a possible layout as an alternative. i took the buyout. now i need...

See Answers