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Hi there,New to me clients. Husband and wife who own 4 rental properties. In 2022, two LLC's were formed, two properties in each, with the assistance of an atto...
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Help on 3rd party sick pay - have a client who has wages in box 1, a code j in box 12 and box 13 checked for third party sick pay.Is this taxable?
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There's rental and ordinary income ranging from $1 to $400, I could combine them based on that, they do appear to be apportioned, so I see the logic there.
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Have a new client with a k-1 that has 100 QBI activities on box 20z, any friendly advice on what to do here?
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@TaxGuyBillthis is what gets me, what if they move, they can take it. It’s not completely permanent and a 39-year value doesn’t match the likely economic use. O...
