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Your friend is a genius! Thank you so much. I found nondividend distributions in box 3 of the 1099-DIV from 2021.
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The ordinary income and adjusted cost basis are listed in the supplemental info. What is puzzling to me is that the adjusted cost basis is LESS than the ordinar...
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The ordinary income and adjusted cost basis are listed in the supplemental info. What is puzzling to me is that the adjusted cost basis is LESS than the ordinar...
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Client sold several batches of restricted stock units that were vested in prior years. On the broker's Supplemental Information page, most of the transactions l...
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Client has an NOL carryforward from 2016. In 2023, the client has a positive AGI, but negative taxable income. When I use Worksheet 2 in Pub 536 to calculate th...