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Old 05-01-2014, 06:09 PM   #21
Thinks s/he gets paid by the post
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Might want to check on the treatment of distributions in your state. In MD where we live there is an income exclusion for employee retirement account distributions like 401k, but not for IRA distributions. This would apply to distributions, not rollovers. It may not kick in till age 65, cant remember exact details.

...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
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Old 05-01-2014, 07:00 PM   #22
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Originally Posted by Rustward View Post
Did your boss's employer pay unemployment insurance premiums, workers comp premiums, and withhold SS and medicare taxes (and pay the employer portion if SS) on your boss in 2013?

I am having trouble with the word "considered". He was either an employee or he wasn't.

Good point. Maybe "considered" isn't the right word. I believe the company paid all of the premiums and taxes for the boss because he was technically still receiving a salary but not coming into the office.

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