Reporting K-1 Profit/Loss

by Bob
(Cleveland Ohio)

If a partnership is held within an IRA, does the profit or loss reported on form K-1 need to be reported on your income tax?

Reporting Taxes To State

by Jimmie
(Los Angeles )

My employer recently started deducting taxes from my pay and I was wondering if there was some way that I can find out if it's being reported to the state or social security office? I'm not to sure how to go about this... I guess in a sense I'm just trying to figure out if what's going on is legal... Because only two things are deducted from my pay (ssi and sdi) I'm assumed there should be more like something concerning state and federal deductions as well. Is there a way that I can find out if this is the correct procedure for tax deductions?