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How Closely Does the IRS Track IRA Deposits?
We have a smorgasbord of tax issues this week. A few readers have expressed some skepticism about the Internal Revenue Service's ability to keep track of IRA contributions. It's not a good idea to underestimate the IRS. We'll also discuss whether traders can deduct health insurance premiums. And we'll look at how to "share" Form 1099.
Please send any other questions to taxforum@thestreet.com. And don't forget to include your full name.
Tracking IRA Contributions
How does the IRS confirm that taxpayers have actually made IRA deposits when they claim a deduction for them?-- William Kendrick
William, ...
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