EFTA00932182.pdf

From: Valeria Chomsky To: "Jeffrey E." <[email protected]> Cc: Noam Chomsky aElla> Subject: Bank of America withdrawals for tax payments from 2014 to 2016 Date: Wed, 06 Dec 2017 00:00:12 +0000 Jeffrey, Here is the information I have for taxes from the Bank of America statements from year 2014 to year 2016. Year 2014 .Itinuary Check BoA # 1747 Date: January 11, 2014 Pay to the order of U.S. Treasury Amount: $26,620.00 For 2013 1040 ES Check signed by Jacquely Malloy Check BoA # 1749 Date: January 11, 2014 Pay to the order of United States Treasury Amount: $2,020.00 For 2013 1040 ES Check signed by Jacquely Malloy Check BoA #1748 Date: January 11, 2014 Pay to the order of Commonwealth of Massachusetts Amount: $4,260.00 For MA '13 est Check signed by Jacquely Malloy September Check BoA # 1960 Date: September 10, 2014 Pay to the order of U.S. Treasury Amount: $23,010.00 For: 2014 Form ES 1040 (NC) Check signed by Jacquely Malloy Check BoA # 1961 Date: September 10, 2014 Pay to the order of Commonwealth of MA Amount: $3,970.00 For (State Est NC) Check signed by Jacquely Malloy EFTA00932182 Check BoA # 1814 Date: December 18/2014 Pay to the order of United States Treasury Amount: $2,950.25 For "2012 Proof of payment 024-38-8812" Check signed by Noam Chomsky Year 2015 Check BoA # 1978 Date: January 15, 2015 Pay to the order of United States Treasury (Internal Revenue Service) Amount: $890.00 For 024-38-8812 2014 EST DC Check signed by Jacquely Malloy Check BoA # 1979 Date: January 15, 2015 Pay to the order of US Treasury Amount: $23,010.00 For Form 1040 ES 2014 (NC) Check signed by Jacquely Malloy Year 2016 Date: April 21, 2016 IRS DES: USATAXPYMT ID 200651280841754 INDN: A N CHOMSKY & L V GALV CO ID:338770200 PPD AMOUNT: - $136,000.00 Date: April 21, 2016 IRS DES:USATAXPYMT ID:200651244954476 INDN:CAROLCHOMSKY EXEMPT M CO ID:3387702000 CCD AMOUNT: - $70,000.00 Date: April 21,2016 IRS DES:USATAXPYMT ID:200651244060737 INDN:CAROL CHOMSKY NON-EXEM CO ID 3387702000 CCD AMOUNT: - $18,000.00 Date: April 22, 2016 COMM OF MASS EFT DES:TAX PYMT ID:6113EE0060 59 INDN:CHOMSKY AVRAMNOAM CO ID: 1046002280 PPD AMOUNT: - $20,000.00 Date: April 22, 2016 COMM OF MASS EFT DES:TAX PYMT ID:6113EE028 01 INDN: 000000000 CO ID: 1046002280 PPD AMOUNT: - $15,500.00 Date: April 22, 2016 EFTA00932183 COMM OF MASS EFT DES:TAX PYMT ID:6113EE0028 OO INDN: 000000000 CO ID: 1046002280 PPD AMOUNT: - $4,500.00 The Identification number for $15,500 and $4,500 on April 22, 2016 is "000000000". And important to note that on April 19, 2016 there were wire transfers to our Bank ofAmerica account from the Carol Chomsky Exempt Marital Trust in the amount of $85,500.00 and in the amount of $22,500.00, totaling $108,000.00 that corresponds to the amount paid to the IRS as the due taxes to the Marital Trusts (Exempt and non-exempt), plus the Mass taxes with the ID "000000000". And on April 19,2016 a wire transfer Origin: IRA FRO AVRAM NOAM CHOMSKY ID:A2A9503071 in the amount of $156,000.00 that corresponds to the payments of our taxes, Federal and State, paid from our bank account. Valeria Forwarded message From: Nick Nichols Date: Mon, Dec 4, 2017 at 4:30 PM Subject: RE: Our Tax Amount for 2015 and 2016 To: Noam Chomsky Cc: Valeria Chomsky , Matthew Mazotas Noam and Valeria, Sony, I must have somehow missed your original question; here's the answers with a few other details that may be helpful too. 2016: Total Income: $ 877,880 Federal Taxable Income: $ 826,318 Total Federal Tax: $ 279,493 Total MA Tax: $ 42,411 2015: Total Income: $ 587,392 Federal Taxable Income: $ 543,458 Total Federal Tax: $ 160,406 Total MA Tax: $ 28,320 EFTA00932184 2014: Total Income: $ 414,201 Federal Taxable Income: $ 363,174 Total Federal Tax: $ 106.909 Total MA Tax: $ 20,973 Of course I can provide more details if you want it. And we should be mindful of the need to do 2017 tax planning before the end of the year! The last information I saw indicated a significant federal tax liability, and a major shortfall in covering the liability. Several months ago I proposed an additional IRA distribution to have 100% of it go toward your tax liability. The purpose is to catch up, and to avoid a 4 figure underpayment liability. Can we get your consent to initiate that step? Also, the likely tax law changes that may, or may not, come to pass are still unpredictable. Most of the changes, maybe all, would not be effective until 2018, but that could change at the last minute in the negotiations among all the participants. Thanks, Nick From: Noam Chomsky [mailto Sent: Monday, December 4, 2017 12:30 PM To: Nick Nichols Cc: Valeria Chomsky Subject: Fwd: Our Tax Amount for 2015 and 2016 We haven't yet heard from you in response to this query. Could you please let us know about this Noam Forwarded message From: Valeria Chomsky EFTA00932185 Date: Sun, Nov 12, 2017 at 8:30 PM Subject: Our Tax Amount for 2015 and 2016 To: Nick Nichols Cc: Noam Chomsky Dear Nick, We are checking our own records. Could you please tell us what our total tax bill was (1) to the US government and (2) to the State of Massachusetts for the years 2015 and 2016. Thanks. Valeria Chomsky EFTA00932186