Typically I enter each wash sale on the 1099-B worksheet.Now I have a situation where I've already see 26 and am not yet done counting. All the transactions hav... read more
Good Morning,I have a client who owns several rental properties with his brother in law. They each reported 50% of the rental activities on a schedule E - NO Pa... read more
Hi everyone.client received an SBA loan during COVID while working as an Uber driver. Now, he files a Schedule C for a different field—home health care services... read more
Average age of completed clients - 59.8 years old. Average total income [taxable portion]) $206,584. How come I'm older and poorer than my average client.......... read more
Hi,Client has a rental property and live in the property and also a line of credit. The mortgage interest for the line of credit is not transferring over to Sch... read more
Hello!I have a client I do some work for but have never done the personal return. There are some other related returns I prepare but never the personal. Relatin... read more
client claims her father as a dependent, he died 8-2024, does client have to claim his 1099r-s he received on her tax return the distribution code is 4. Thank y... read more
A client presented a 1099R with the following info:1-Gross dist: $85,2002a Taxable Amount $85,2002b Taxable Amt Not Determined - checked, Total Dist checked7 Di... read more
