Form1098S from Jersey not received. Sold rental prop. How do I get and is it a blank form or like a 1099?
104584
who collects the taxes in Jersey...in California we have a Franchise Tax Board, and can contact them to receive missing forms.  Contact your state's tax collecting body.  Sometimes places like local libraries have tax forms, too, or the civic center for your county.
900881
According to page 97 of IRS publication 17:\n\n"Personal Use Property - Property held for personal use only, rather than for investment, is a capital asset, and you must report a gain from its sale as a capital gain (on Schedule D).  However, you can NOT deduct a loss from selling a personal use property."\n\nThere are four types of property, personal-use (your boat, car, home, clothes, furniture), investment-use, business-use, and inventory.  You mentioned being able to write-off the loss on your home.  If you see anywhere where it says that, please let me know.\n\nSo, if you sold your boat at a profit, Uncle Sam wants a cut.  If you sell it at a loss, too bad.  Not fair, is it?
146535
Form 1120/1120S:\n\nhttp://www.irs.gov/efile/article/0,,id=103789,00.html
1154796
thats vague, but u might want to get onto whoever you bought it from!!! email the company, keep track of your emails and responses... have you paid yet? delay payment... is it ebay? complain to ebay... do something, inquire.
201541
You can call them and they should provide you with it.  You can also request a w-9 form which will include all that information.\n\nThe Great Skate\nP.O. Box 132\n\n284 Riggin Rd \nTroy, IL 62294\n\nPhone: (618) 667-3319\nFax: (618) 667-6752\n\nEMAIL us at:\ngr8sk8@charterinternet.com
345545
If it is listed with an agency call the multiple listing service and they will tell you. If it is not listed with an agent, call the tax assessor's office and get the name of the owner. Then go to www.switchboard.com and get the owner's phone number and call him
492289
I am assuming it is a manufactured home! if this is correct then go to a stationary store. they should have lease agreements pre-printed and you just fill in the blanks
418429
You can use 1040ES. Here is the link for the form:\nhttp://www.irs.gov/pub/irs-pdf/f1040es.pdf\n\nZhicheng Lai\nEnrolled Agent
976939
YOU MAY WANT TO READ THIS ANSWER -- THE OTHERS ARE WRONG !!!\n\nYes, your understanding is correct that when you convert a rental property into a principal residence there may be capital gains consequences.\nIf you have never lived in this property but are contemplating doing so, what you need to do in order to determine whether there is a gain is to obtain a current "fair market value" of the property. In your case, you will want as low a value as possible, so get it appraised or ask a real estate agent to give you a potential selling price given the area, market values, and condition of house (so get this done BEFORE you make any repairs).\nTo determine if there is a CG : take the current FMV and subtract from it the price you purchased the house for (example....if you bought it for 80K and it is valued at 96K when you move in...then your gain is 16K) but from this 'gain' you get to subtract any costs or outlays you incurred (these include legal bills to purchase the property + land transfer taxes + appraisals + capital improvements to the property that were never expensed such as new furnace or new roof or new appliances etc....) so to continue the example...if these totalled 12K, then your CG would now be 16K - 12K = 4K...so you would need to pay tax on HALF of this gain or 2K. The tax would be whatever your tax rate is for your income level x 2K (21%, 31%, as high as 46%).\nIf your CG is actually negative, then there is NO tax owing as there is NO capital gain.\nAlso, here's a small but significant point, if you have not been claiming the rental income on your tax returns these past years, then you certainly would be foolish to all of a sudden claim capital gains.\n\nIn a nutshell, you will want to have as LOW a fair market value as you can currently, have as many outlays accounted for as possible (many of these will be found on the Statement of Adjustments from the lawyer at time of purchase -- also any bills for improvements) as these go to lessen the 'actual' or deemed gain.\nAlso, if you initially did live in the house for a time and then converted to rental...then this may be of benefit as when you converted to rental (there is no CG as it was primary residence) the FMV at that time becomes your ACB - Adjusted Cost Base, which you use to calculate the CG instead of the purchase price.\n\nAlso, be careful reading the advice some are giving -- they really sounded unknowledgable.
707932
The link below has all the info you need. Go to it ang click on michigan. Its only 2 pages long and is very helpfull. I would always recomend Writeing a reciept and veryfying who you are selling it to(driver's licence #). This may be unnessisary , but I like to cover my a**. And if the buyer has a problem with it, I would not sell to him/her.
988724
From the little bit of information you've provided, it is your personal income and you should pay taxes on it. \n\nAdditionally, if the supplier is going to issue a 1099, that would be because you are not a business. A 1099 would normally only be issued to an individual, or because a company does not provide appropriate Federal Tax ID information.\n\nBut to answer your question, about the only way to get the money out of the "business" without having to pay taxes on it would be as a re-payment of monies that you've loaned the "business"
221506
you can just claim it. they give you a receipt that you fill out with the approximate value of the clothes you gave. it's a very loose system.\n\ntalk to an accountant. they will figure out the best things for you to do.
410206
try\nhttp://cfo.dc.gov/otr/frames.asp?doc=/otr/lib/otr/tax/forms/tax_forms/pdf/2003_d-40.pdf&group=1679&open=|33280|33288
144856
Call their corporate office and tell them where you want them sent. Or, have your tax preparer call them.
49684
It must have been postmarked Jan 31st.\n\nIf you don't receive your Form W-2 (PDF) by February 15, contact the IRS for assistance at (800) 829-1040. Also, you may want to refer to Tax Topic 154, Form W-2 - What To Do if Not Received, to see the specific information the IRS will need in order to prepare Form 4852 (PDF), Substitute For Form W-2, Wage and Tax Statement, or Form 1099R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc
564060
TELL them to get an ID-10 T form for you to fill out...when he can't find that form wright ID10T on his hand in Black magic marker....it looks like IDIOT when you write it out...
63991
That depends -- did you register with the company that gave you the 1099 as a SS# 1099 client or an Employer ID client?  Also, who received the money?  Here's some options:\n   - contact the company that gave you the 1099 and have them correct it.\n   - write yourself a check from the corporation for the amount of the 1099 and just put it on your tax return\n   - file it as if you received the 1099 in the corporation and if the IRS ever calls you in, just tell them that you didnt realize since you recorded the transaction within the corporation.