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That may be it. Apparently the "T" code does not allow line 4b to populate unless it goes through 8606, but page 6 of the 8606 instructions under "Return of IRA...
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No, actually the instructions I am reading deal specifically with an IRA excess contribution. It is on page 6 of the Form 8606 instructions and says not to repo...
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Client contributed to a roth in 2023 but later realized he didn't qualify. He had put in $7500 and withdrew it plus $25 in earnings. IRS 1040 instructions say t...
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Picked up new client who has a wife in nursing home and thus has large medical expense. Client also has foreign dividends with foreign tax withheld on Form 1099...
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Owners of a working interest report on Schedule C and are subject SE tax. Are they also entitled to the SE health insurance deduction? Most W/I owners pay expen...
