Great work Burton!
Announcement
Collapse
No announcement yet.
1099 Misc Box 3
Collapse
X
-
Kudos to Koss
Thanks for the excellent investigative work.
I was beginning to think the only explanation for a "taxable" low income/senior citizen discount would be an overzealous TWC accountant who had been having a very rough day.
The pieces now fit together nicely - she was indeed receiving a taxable benefit. TWC likely even explained it to her somewhere along the way....but she just overlooked that minor inconvenient detail.
FE
Comment
-
Thanks Burton,
So the T/p is about 50% correct and TWC is maybe 50% correct.
Guess as the Manager of the Mobile Home Park - it is a "courtesy Service" a benefit from being the "Manager"
Relayed conversations from t/p do not elude to that - but then as I stated above - sometimes thought processes and understanding is mis-construed from a t/p.
Sandy
Comment
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Comment