Answered: Is it an SSTB? "I have a friend" who files a single Schedule C reflecting 7% legal fees, 10% Trustee commissions, and 83% fees for preparing tax returns.

kgoldstein5 · ‎12-06-2019

IRonMaN · ‎12-06-2019

Tell your friend "yes". You would think that friend would file his own return if 83% of his fees come from preparing taxes.

Slava Ukraini!

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IRonMaN · ‎12-06-2019

Tell your friend "yes". You would think that friend would file his own return if 83% of his fees come from preparing taxes.

Slava Ukraini!

garman22 · ‎12-06-2019

I think the poster is asking for him or herself. Hence the quotations around "I have a friend"....maybe not but thats what I see young kids saying all the time on FB.

IRonMaN · ‎12-06-2019

That never crossed my mind

I just thought kgoldstein was such a good tax preparer that even the other preparers in town dropped off their returns with him or her

Slava Ukraini!

Is it an SSTB? "I have a friend" who files a single Schedule C reflecting 7% legal fees, 10% Trustee commissions, and 83% fees for preparing tax returns.

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