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I have a non-resident client (1040NR - Schedule E) with a vacation home that was damaged during Hurricane Ian in Florida (Declared federal disaster). Insurance ...
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no to any of your questions 😉
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A multi member LLC received a donation from a corporation because of a Hurricane last year (IRS declared the area as disaster).Is this taxable income to the rec...
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no, I just did an update. It is only with the 1040NRs
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Correct. And it usually takes them 3 months to come up with an answer and I just try to avoid any more penalties ... They are just so slow...
