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Please tell me you're kidding. She doesn't qualify for the credit because she didn't claim it during the year?!?!?!?My understanding was that one qualifies for ...
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Client is divorced with 2 kids. She's not sure whether she can claim them or not, and whether her husband will be claiming them. I figured the tax both ways wi...
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The client no children has about $5k of investment income, a pension of about $4k, and then two partnership, both reporting losses around $10k. So she has AGI...
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I had mused:<<the whole point of an S-Corp is that you don't have to pay self-employment tax on all of your earnings>>To which qbteachmt replied: <<Uh, not real...
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Thanks, everyone.And I think I accidentally "accepted as solution" the wrong one, oops.Several sources on irs.gov (which means it's more authoritative than any ...