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McKinney Texas Form Instructions 2553: What You Should Know

The user should not act or rely on the information without first obtaining advice from the competent legal advice What the IRS calls “Individual Retirement Arrangements (IRA)” has nothing to do with “Individual Retirement Accounts (IRA)”. This information is designed to help you understand the tax implications of a IRA. It is not intended to serve as tax or legal advice. No representation is made that any particular transaction will satisfy any U. S. tax condition or result in a reduction of any tax liability. To obtain a copy of the IRS form and instructions to complete it click here I would also suggest you look up the IRS Form 2340 which may also be applicable. I would assume that if tax relief or waiver applies to a transaction that is a “qualified plan arrangement” you will be eligible for it. If you have general tax questions, questions about the taxation of your IRA, or tax issues that need to be resolved, I am happy to help you with anything I can. Please note however, if you file on paper it is important you use a personal/business check or money order to pay for it. Otherwise, it will go to your personal account. I also do not offer free telephone consultations that don't involve a conversation. You will have to pay for the actual consultation whether it is just to review an idea or to implement it. As always please let me know the details of any queries you may have. The information on this page is intended solely for use by individuals with legal responsibility for the decisions that they make with respect to their individual tax affairs. These opinions are not intended as tax advice, and you should not act as your own tax advisor, or rely on the information contained in the information on this page. Please obtain independent tax and/or legal advice when considering any such matters Copyright 2018 All Rights Reserved The information on this page is intended solely for use by individuals with legal responsibility for the decisions that they make with respect to their individual and family tax affairs. These opinions are not intended as tax advice, and you should not act as your own tax advisor, or rely on the information contained in the information on the page.

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