Federal Income Taxes

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Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Anonymously. Can you elaborate on "no shares involved" and why "taxes were paid on the amount"? With a stock split (also reverse split) itself, taxes are genera...
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Asked by scottytheone1973
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Asked by Shirley
Answered by Roslyn Lash, AFC
Financial Counselor
It's possible only if they are business related. The purpose for your trip must NOT be for vacation but must be for business. Consult your tax advisor.
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Asked by Marjorie
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
The usual rule of thumb is to keep your tax returns for three years and your bank statements for one year, but there are some cases in which you should keep your recor...
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