JeopardyLabs

Orale SA

100

Distributions are tax free if used for medical purposes with this SA 

HSA (Health Savings Account)

200

If you contribute more than the allowed amount into a IRA in a year, you may be taxed a penalty due to this

Excess Contributions

300

If you're trying to set up a college fund for you kids, you may want to set up this SA 

Coverdell ESA (Education Savings Account) 

400

If you are 73 or older, you MUST start taking these from your IRA 

RMD (Required Minimum Distribution)

500

Also known as a Section 125, this type of plan lets you choose from a list of pre-tax benefits 

Cafeteria Plan

Don't Hate, Incorporate

100

Shareholders in an S Corp will receive this tax form showing income at the end of the year 

K-1 1120S

200

File this Form to elect your LLC into an S Corp

Form 2553

300

The method of claiming the cost of an intangible asset over a set amount of years

Amortization

400

The net income left in an S Corp AFTER it's paid out its shareholders shows on a balance sheet as this

Retained Earnings 

500

Shareholders will show their basis information on their 1040 using this Tax Form

7203

He's a Stocker

100

1099-DIV's are reported for this type of income

Dividends

200

Buying and Selling a stock within 30 days of each other will result in this

Wash Sale

300

A section 1256 contract goes over these types of trades

Options / Futures 

400

A broker or dealer in stocks with excess stocks not traded at the end of the year will treat those excess stocks as this type of business material

Inventory

500

Section 475(f) allows a taxpayer to change whether they are a trader, investor, or dealer by making this type of election

Marked to Market