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I took my 401k instead of rolling it over and paid the 10% penalty, do I get to count that as part of the taxes I paid on my tax forms?
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I am removimg money from my 401k plan & the annuity is assessing me a 8% penalty. Is the IRS going to penalize me as well or is it just categorized as ordinary income?
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I have a question on behalf my friend: He came to US in 2004 with F1 and work in OPT in tax year 2005. He should have filed 1040NR. However, he carelessly filed 1040 for resident alien and already got tax refund from IRS. In this case, should he file amendment? What will happen if he should...
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I was penalise for being on strike that was called by my union.according to the tayalor law,it is 2days pay for every day on strike.is there any way I can reduse my taxable income by the amount of penalty. I believe it is a cost of doing business(work).I don't know if my logic will fly.Or Where... View more questions Search
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