As we explained a few months ago (TTW#116) we will occasionally print questions our clients ask as our Tax Tip of the Week article. Here are a few that we have come across so far this tax filing season:

If you were legally married on 12/31/11, the IRS considers you married for the entire year of 2011.

Are you or someone you know, getting close to drawing Social Security? Do you think the only choices available are whether to start drawing at age 62, full retirement age (FRA), or later? You may have more options than you think… and those choices may not be presented to you unless you ask. Calculations are made based on your FRA and then reductions or credits are applied.

When you sell stocks, mutual funds or other capital assets you will still report the gains or losses on Form Schedule D when you prepare your 2011 tax return. But this year you must first show the sales activity on a new form—Form 8949 .

When you sell stocks, mutual funds or other capital assets you will still report the gains or losses on Form Schedule D when you prepare your 2011 tax return. But this year you must first show the sales activity on a new form—Form 8949 .

In a recent Tax Court case (Bonds, TC Summ. Op. 2011-122) the Court said that a lack of tenants is not sufficient grounds to deny a rental expense deduction.