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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Miller who wrote (519)1/27/1998 11:55:00 PM
From: Mitch Aunger  Respond to of 5810
 
Bob,

Thanks for the reply!

Can't blame a guy for trying can ya? I figured the IRS wouldn't let me play that game, but heck, it sounded good to me!

I haven't gotten up the nerve to play with anything other than straight stock trades. I especially don't want to do it on this deal... don't have enough time to learn. I'm thinking this particular stock might 'pop' on Thursday (due to a lot of reasons that are way off topic here) so I wanted to try something, but I don't think I'm ready to go that far on my first try.

Thanks so much for the help!

Mitch



To: Bob Miller who wrote (519)2/4/1998 1:34:00 PM
From: Bob Miller  Read Replies (1) | Respond to of 5810
 
HEY TAX GUYS: I need some advice. My practice consisted of high-income
folks who did not have "Low Income Credits" and other similar goodies.

My dad passed away last January, and I find in preparing his final return, that he appears to be eligible for the "Credit for the Elderly". Can this be so?

His gross income from taxable sources was about $9,500. My software,
with which I can been delighted over the years, keeps giving me
a credit which wipes out the entire tax.

Any help appreciated.

Bob Miller